@Nolan Mahoney, I'm not a Ph.D. economist but I highly doubt rates are coming down anytime soon haha.

Senior Vice President and Chief Economist Leslie Appleton-Young.

Now the Economist is not one to run click-bait titles with pointless stories, so I was quite concerned after reading these two peices in last week's issue: (The second link is the more nuanced write up)Nightmare on Main StreetComradely capitalism : How America accidentally nationalized its mortgage market(if you are not a subscriber, just post the second link in an incognito tab to bypass the paywall.

Bush could have listened when smart economists were screaming that a lending crises was imminent.

I rather invest my money elsewhere and get a much better return and buy a property for lifestyle and be on the title (and that is profitable too).As an economist by training, I'm not sure what you mean by "We need to adjust our expectations about the value of money".

Almost every economist agrees on this, but I am sure it is another sinister plot by the CFR people to stealth tax us to death...right Tom?

Don't take my word for it - look at some of the Amazon reviews.While they predicted the coming recession in 2006 correctly I have a hard time giving them too much credit for that as many people knew what was coming, myself included and i'm no economist.

According to this article in The Economist: http://www.economist.com/printedition/displayStory.cfm?

http://www.politico.com/magazine/story/2016/01/economist-forecast-2016-213499?

From an article in the Economist on 8/24/16:"On average, American home prices have recovered nearly all their losses from the 2006 crash, but when adjusted for inflation they are still 20% below the 2006 peak."