So, what happened to the house hunting you asked? Well, it's still going on, but to a much less focused degree. After putting in a losing bid on a cute one bedroom in Chelsea in the late Spring, we didn't find anything worth getting excited about at all. Also, every Friday for the past twenty weeks has contained some sort of debate between the blog shunning discountkid and myself about what is going to happen to the housing market over the next two years. I've maintained my position throughtout - this market is bollocks, everything is way overpriced, we are only making other people rich by buying something right now, the market is unsustainable and will cool down soon, and we should only make an offer on something if we absolutely love the place, because we'll have been wiped out of all of our capital and it will take a few years to build up our finances if we want to trade up to something larger.

Over the past week, the New York Times has been really trying hard to prove me right. First off was last week's article teaching the masses about the immense cost advantages of renting instead of buying, typically an indicator of an out of control market. Then today's news that the market is slowing down (which was very obvious to us this summer when we were often one of a whopping grand total of three visitors at an open house).

I know a market crash would have some pretty nasty affects on the economy. I'd just like things to reduce to a more realistic level for now. I just pity the people that think prices are going to raise 10-30% a year indefinitely. I also have some great dotcom stocks for them that are going to just blow through the roof.