Informal Poll: Bubble Breaking?

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Just wondering what others think about the "bubble." Prices have stalled in Vegas now, and here in Tucson too. No real drops yet, but if interest rates go up even two percent, there will be any thousands fewer buyers able to buy. By the way, it looks as though fewer buyers will drive up rents here, so this may be the time to invest in rentals. There is a way to play every market. What do you think?