NY Mag plays both sides of the fence in the debate about whether the real estate bubble is going to burst. The bankers are still spending money, but then maybe they're just in denial or too coked up to realize what they're doing. The brokers think things are looking up, but they're salesmen; they get paid to lie. Everyone's worried about security, especially with the impending war, but then oil at $15 a barrel post-Iraq could be the adrenaline shot the economy needs. (Ouch, my liberal conscience!) Oh, let's just flip a coin and get it over with.
Is this the year the bubble burst? [NY Magazine]