Greg, speaking of turning sheep into lions, have you seen this guy on Howe Street Radio?
he is driving into the ground this supposed $100,000 drop in the YoY average price of a home in BC canada.
Didnt know if you had any thoughts, I know you dont talk housing very much, but this info comes from the state and sounds like it could really be a crack in the web of financing that bubbled these houses sky high in the first place. thanks!