Here's something I think you should read about how the housing decline:

CNN "How they got housing wrong"
http://money.cnn.com/2007/12/28/news/economy/housing_forecasts/index.htm?postversion=2007122811

Here's a telling quote from the end of the article:
"People still haven't caught up with the fact that this is a larger issue for the mortgage market as a whole rather than just subprime,"

Everybody's got an opinion... and most are just blowing smoke. You have to learn where to get the good information. That's what the SDCIA & this blog are for.

I wish you... Invest Intelligently!!!