[Porsche-O-Phile]

Fast-forward 15 years to the next housing bubble. . .

People will gleefully flip houses and make paper profits that they then spend like drunken sailors on the hot-ticket-in-vogue-item-du-jour - whatever the 2021 equivalent of bling-bling SUVs or power boats is. People will flood into "how to become a realtor in 30 days" classes with dreams of making millions for 10 hours of work a month. Refi places and unscrupulous lenders will explode onto the scene.

And there will be people that will pound their fists down onto the table and say with absolute conviction that "this time is DIFFERENT!!!"

And they'll be just as wrong then as now.

Can't wait. I should be well-poised to make a killing by then.