re: credit bubble vs house prices

I was "waiting" on the vehicle market to move downwards. It's a high price item but well below housing costs, with more volume than housing and I'd think that market would take a hit before housing. This is me thinking logically and absent of any professional experience. But logically, it would seem that the vehicle market would be a leading indicator before the housing market tanked. My truck was paid off and I wasn't in a hurry to get another vehicle payment but the wife wanted to get a horse trailer so I went ahead and pulled the trigger last year on a truck to pull it. So far, I still can't find a better deal than what I got. When I bought, we had kept hearing "just wait another 6 months" for the previous 3 or 4 years. The indicators saying prices should come down exist, but prices just aren't moving enough to make a material difference.

To Bard's defense, the debt bubble isn't sustainable and it's only a matter of time before that implodes on banks. When? Who knows.