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NewsBot 16th Oct 07 06:40 AM

'Bubble Blogger' Takes on Housing Market
 
*Source: ABC News (http://abcnews.go.com/Nightline/stor...31415&page=1)*
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San Francisco is a city that knows its bubbles. Early this decade it was the land of the dot-com bubble; today, some look at the real estate market and see history about to repeat itself.

"It's possible that prices could fall 50 percent in real terms," said Patrick Killelea, a self-styled real estate guru who's making it his business to burst your bubble. "You could lose half the value if you bought in 2005-2006."

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