Hello tr,
Yep, it's a bizarre thread this one. Full of emotion and poorly constructed arguments.
I see you are in the bear camp - temporarily at least - and prepared to entertain the thoughts of an economics academic. Also you are not a home owner. So just a warning: be prepared to be spoken down to and belittled. And please, please use a spell-check before hitting the 'post' button or else your entire person will be judged on a spelling mistake.
If you were a bull, the same would apply, but I have to say they seem a little more forgiving. Maybe its the lefties versus righties thing.
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one reason !!! not !!! to buy property, page-33
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