Despite
the latest article from the Los Angeles Times offering cover for bubble rationalizers, I maintain (following the belief of some much more qualified people) that there is a real estate bubble and it's going to pop. The question is: how to put my money where my mouth is? I've decided that I'm going to make market wager by investing $1000 against the market? To do this, I need to answer three questions:
1. Is there really a housing bubble?
2. When is it going to burst?
3. How do I invest against the housing market -- that is, in such a way as to profit by any real estate market collapses or corrections?
Short-selling Home Depot?
That said, this isn't really designed as a strategy to make money -- but as a way to back up my inherent cynicism with definitive action.