The Value of Housing Skeptics

In John Galbraith's book called 'A Short History of Financial Euphoria' he talks about historical bubbles ( roaring 20's, tulipmania, the 1987 stock market crash). He eloquently writes that the remedy to bubble markets is an:

"enhanced skepticism that resolutely associates too evident optimism with probable
foolishness"

We skeptics are a valuable tool in stopping this bubble from getting any larger. The larger the bubble the larger the bust. Ben Jones and his Housing Bubble Blog are indeed positive restraints on rampant speculation. Thank you.