Housing bubble bites: condos crash 1st

Condos are the first to go when there’s a slowdown, according to a post today on The Housing Bubble Blog, which chronicles the downs and downs of the market.

The Bubble Meter prints excerpts from an article called “The Coming Housing Crash.”

The Business & Media Institute wonders if some of the current froth isn’t the result of bubble-happy media.

Another F-cked Borrower laments the loose credit standards that have created bubbly conditions.

Dean Baker of the Center for Economic Policy Research explains 10 key indicators to watch for signs of a housing bubble.

Is there a housing bubble in Chicago? Click on “Comments” below to add your two cents.

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