with social media being so much a part of people’s lives and that being where they go for “media”, I wonder if it has the power to impose a crash by convincing enough people that a crash is coming. I’m not suggesting that is happening it is just something that popped in my head when reading this.
#2 was interesting. It seems banks are modifying a lot of loans relative to the number of foreclosures started. I agree it is a healthy correction, but I also think it wouldn't take much to see prices go lower. It's all a very interesting dynamic.
