not just their fault.....
I saw this coming back around 2007 ish... thought about moving back to my home town in cali. Nice suburban neighborhood, but not 5th avenue...., down the street from a good school. But the house was on the market for 640k!! when we moved out, it had sold for 120k. I thought to myself "how are people living like this....it's only a matter of time..."
all bubbles pop at some point