Anon - I'll have to read your links later--no time now--but I wanted to be clear that I'm not arguing that you are wrong that the housing market will slow, but rather with the notion that it will drag the rest of the economy down with it. It may do that, but other rising markets may also offset losses in the housing market and reduce, minimize or negate its drag on the larger economy altogether.
So, I'm not saying housing won't slip; it may. I simply suspect that you are premature in claiming that our doom is upon us.
