What's your end of the year housing bubble predictions? Six months ago: "More housing supply comes on the market. Boomers realize they are broke and need that influx of cash, but prices will stay the same or dip slightly. Not gonna give it away."

"No major changes in 2018 as it will be Q1 2019 before we realize the recession has arrived."

"The Fed’s very gradual tightening, plus mortgage rates creeping up is the big story. If the other central banks tighten or at least stop the 'stimulus,' that would compound the story. My opinion is there’s a gold rush mentality in real estate and there’s a lot of speculative demand. Eventually, the prices will flatten (for non-anecdotal data, I look at Case Shiller) and perhaps a year after that, we’ll start seeing some consistent declines."

"US Home Listing prices will continue to rise, albeit at a slower pace through the year. In parallel, the inventory of homes for sale begins to increase with a decrease in home sales through the summer and end of 2018. Because of this, home prices will begin to inch their way down in 2019 before entering the 'correction' territory (to use a market term) by 2020."

"As long as the realtors/homebuilders lobby can continue to get the government to subsidize their business, the bubble will continue. But just like in Canada and Australia, once the government reverses via tightening credit then the whole thing falls apart."

One year ago. "I predict that cyber currencies in general and bitcoin in particular will end up destroying thousands of people’s financial lives. Most of the losses will occur by those who have been conditioned to buy dips."

"President Trump’s new Fed chair will get serious about ending extraordinary accommodation, sending Bitcoin into a fatal tailspin."

"Canadian Real Estate tanking. There is no reason your real estate should be worth twice mine when we are just across the border. It’s not like you have much better jobs and lower taxes."

"You are absolutely right. And I think its tanking all across Canada, certainly in Toronto and Vancouver. Reason? I am not hearing of a single Chinese buyer at the new housing developments. New sales look like they have hit a wall."

The Houston Chronicle. "Barton Smith, the director of the Institute for Regional Forecasting at the University of Houston’s Bauer College of Business, retired in 2011 . Smith started the forecasting symposiums in 1984. But his first forecast did not go smoothly."

"In his inaugural forecast, he accurately and famously predicted an approaching housing bust. Developers did not like what they were hearing. 'It was bad news,' recalled Smith. 'We came to the conclusion that there were almost a quarter of a million vacant housing units. The developers did not receive it well.'"

"In fact, several had called the university demanding his ouster. But shortly after the forecast, the Houston housing market crashed, proving Smith was right. 'Within six months the attitude had turned around completely, and I was being asked by the same guys that hated me to address them and their investors,' Smith said."

"'They’re raising capital. They don’t want bad news. They don’t like bad news. But they all will show up to hear the facts at our symposia though,' Smith said. 'You get people who are sometimes upset about the story.'"