Was 2008 so far away that people can not see a corotation here?  Yes the real estate bubble in the USA was multiplied by ridiculous fund investments, but we have our own lenders issuing warnings here and they are being ignored by our government.
  I'm getting very concerned and so should everyone else.  
Let's hope our lenders who profuse that they are worried, put some stop gaps in and tighten borrowing limits.       These interest rates will not last for ever and they need to verify that the loans they are issuing will still be feasible when interest rates return to the norm.
It's in their own interest now.  It doesn't seem that our government is working in our interests or our banks interest here.