Housing Bubble

Listing to people trying to predict when the housing bubble will pop I keep hearing the mantra about housing prices, which keep rising faster than almost anything else and people at some point will stop paying large sums of money for a house.

There is one point which is not being emphasized strong enough, the bubble will pop because of foreclosures that I see in the near future in addition to the many debt driven people who will try to sell their homes, therefore creating a bigger supply than demand. Only then will people stop this insane notion that house prices could only go up.

Once that happens it won’t be pretty.

Ipods

I’ve come to a conclusion recently that people don’t like to think which is the reason for ipods being popular.
No one thinks nor reads on a 20-minute train ride they all must listen to music. The weather is nice in NYC this time of year and as a result I started biking and everyone wants to know whether I got an ipod for my 40-minute journey, well I didn’t I enjoy thinking, the weather, analyzing people etc.
When did humanity evolve into a non-thinking society?
Do people not fell comfortable with themselves?