will the bubble burst ?, page-89

those that cannot or are unwilling to take on the level of debt required if prices do not drop.

True and that is also sad because in previous times with regular small ups and downs 7 to 10 years, if you did purchase at the wrong time it was just until the end of the cycle and then you could recoup if required, but in these times buying a house is the same as buying a ticket in tattslotto, a total gamble where you could easily lose your life's savings