Headed for Bust?

[Michael Broderick]

Are we headed for another bust? I came across the the following interesting articles (note - the author paints a bleak picture of economic environment).

Interesting article about how banks are doing sub-primes loans again:

http://www.zerohedge.com/news/2014-04-22/mortgage-standards-are-plunging-%E2%80%93-it%E2%80%99s-muppet-fleecing-time-all-over-again

An article showing the decline in existing home sales (except for the rich):

http://www.zerohedge.com/news/2014-04-22/spot-massive-depression-and-tiny-recovery-existing-home-sales-chart

What are peoples thoughts? With interest rates so low, it seems to me that RE prices have skyrocketed in the last three years. And now sub prime lending is going on again. What is different now than six years ago..