And that is in part because of my knowledge-deficit and the fact that I can be a little less, um, diplomatic than my partner can.

There is a local housing crisis and there certainly is money to be made.

The financial crisis started in 2006 resulting in an upsurp of bankruptcies, these bankruptcies are slowly being removed from credit files as they disappear from credit reports after 7 years.

These private money lenders will provide badly needed credit over the next couple of years until the crisis in Europe quells.

A lot of big boys including hedge funds, vulture funds, pension funds and rich out of town investors got seriously involved from 2011 onwards and basically took all the low hanging fruit the rest of us enjoyed during the peak crisis days. 

I see existing home sales and valuations at or above pre-crisis at the moment, and wondering if I should wait for a market correction before buying my first property?

When pushed to decide which county his property would become part of, the old man, ever a survivor and diplomat told the authorities: "As much as I love the idea of being a citizen of Mother Russia, I'm afraid that at my age, I could not stand another long Russian winter."

Or dry up during a crisis?

im going to columbia next yr to study econ philosophy. i could def write a thesis paper on the times we're experiencing right now... is this crisis a genuine materialized problem or perhaps extremely gross over reacti...

I think if Obama does things that cause basic commodities such as gas and food to increase (which I think he will), then the housing market will take longer to recoup.I personally think the sub prime lending was not the sole cause of the credit crisis and housing burst since according to the data I have seen, the percentage of sub prime loans as a total of all loans is about the same as it was in the 90's and early 00's.