Supreme Court says cities can sue big banks over housing bubble damages

http://bit.ly/CitiesSueBubble

There is a lot of blame to go around, how about economists who were "cheerleaders" and bubble deniers, see Unofficial List of Pundits / Experts Who Were Wrong on the Housing Bubble:

http://bit.ly/MissedBubble2008

And #FakeBuyerAgents who eventually got their due, see Feeling Misled on Home Price, Buyers Sue Agent:

http://bit.ly/Misled2008

Will we see a repeat? Real estate hype, which has normalized BLIND bidding wars, reached a new high this Spring. This blog post from 2014 suggests that a housing correction is overdue:

http://bit.ly/Misled2014

Some demographers originally predicted the Great Senior Sell-Off would begin in 2020, just three years away. Now they've extended that forecast because the economics of downsizing no longer work:

http://bit.ly/SrSellOff

Meanwhile, rents are falling because luxury apartments are overbuilt and millennials compete with baby boomers, AirBnB investors, and #SpeculatorsWithoutBorders for affordable housing (while real estate agents play games hide and go seek with pocket listings). Time to wake the Sleeping Giant of the Consumer Movement? We think so, see our list of 10 issues submitted to the Mass. Attorney General's office:

http://bit.ly/MassAGOv3

Let's organize homebuyers and reform the real estate industry:

http://bit.ly/FundRECALL