An iterest rate increase, combined with a Tech Bust, and fewer Chinese, Russian, and Latin American investors, may soften the US housing market.  

There is Russian saying (in my free translation) "Friendship is friendship, but keep your money separately", something like that - you get the meaning.

I don't think Mark Twain was Russian, though he did use an alias.I don't specialize in $30,000 property, though I have bought some.#1. 

@Mike McKinzie  is right - you'd be better off buying T-bills (although I'd go for t-bone myself - enjoy it a little more)It's just math, y'all...lol - I said that "y'all" with a thick Russian accent

Some of those movie prints are in Russian or German.

The Russian, Middle Eastern, Chinese & S American buyers who flock to NYC, MIA, LA, BOS etc are going to be absent for the time being.

Instead we compete with Chinese, Russian, Australian, and European investors on a daily basis.

They're just about Russian operatives at this point. 

Many Chinese and Russian investors bought properties over asking price driving the market up.As for Jobs, many larger companies are moving from downstate Illinois to Chicago: McDonald's, ConAgra, Caterpillar, Kraft-Heinz, Groupon, and Yelp to name a few.Again put feet on the ground.

As the US loses its status as the superpower of the world this century, it's likely that the US dollar will lose its status as the world's reserve currency (and the Chinese, Russians and others are hellbent to have that happen sooner rather than later).