Unlike the dot.com bubble, the housing market may decrease (slightly), but it can't burst since the properties still have value. Perhaps instead of increasing in value, houses begin to decrease slightly. That is the worst that can happen, and since God ain't making any new land, it seems unlikely that the value of land can decrease that much.

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"George W. Bush surrounds himself with smart people the way a hole surrounds itself with a donut." —Dennis Miller