whoa, hold on buddy, all i said was that the most populous parts of the country are experiencing simultaneous local bubbles. i didn't advise anyone to do anything, and i expressly stated even a psuedo-national bubble like the one (arguably) out there now does not have to deflate at the same time everywhere.
in addition, IMO the home you live in is an investment considerably different from the stock market.
after all, you (generally) have to pay to live somewhere...
EDIT: i also don't think you can tell a bubble just by looking at the price. people don't buy homes based on prices, they buy them based on payments. imo you need to look at the whole picture.
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