Getting Burned by Beanie Babies and Other Bubbles – WSJ.com | How to ID ‘Bubbled’ markets

In the housing market, the red flag should have been loans made to people who couldn’t produce any proof that they could pay for them, or 30-year-loans for homes—or worse, investment properties—with terms that never required the buyer to pay one dime toward principal.

With the congress critters batting around a $15,000 no strings attached home buyer credit, are we really going to open this can of worms again?

What “bubble” avoidance measures should we take this time around?

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Todd Waller Real Estate
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