I Would Not Run For President In 2008

because... Here is the Case - Schiller residential real estate index for 1890 to the present. The index measures the cost of housing against other goods.

2001 to 2006 are unprecedented. Every bubble saw the index fall back down to around 110. That would be almost 50% from 2006. And Fannie Mae and Freddie Mac have mortgages priced at 2006 costs. Welcome to hell!