one of worst housing bubbles ever seen, page-19

"ah I see the normal bull attitude/argument of it hasn't happened yet so it won't happen - nothing says astute investor with a belief like that."

What a load of crap no so called bull here is denying it potentially won't happen in the future - but unless you can define your prediction i.e. when and where it is going to happen your prediction is meaningless. As I have said before a major asteroid will hit the earth sometime in the future that is a guarantee - I can't tell you when it will happen or where it will hit so again it is meaningless. Question is do you live paralysed in fear waiting for something that may not occur for years and years.