I agree with this . The old quote is Markets can remain irrational a lot longer than you and I can remain solvent . This is likely especially true with RE because people become even more emotionally attached than with a stock , and they ' re less likely to sell at a loss . This could help lead to bestcase crash of the market just going sideways for a long time . Actually , just thinking about it , in an ideal world you ' d be able to slice and resell the housing risk out of owning a house , so the best play would then be buy a bunch of protective puts against people that think there won ' t be a correction . Also I believe there ' s some insurance products some places that will protect you , but I haven ' t heard of anyone selling them around here .