Here's something no one talks about. I don't think the housing crash will effect everyone. Just the blue states that everyone is fleeing. The states they are all fleeing too are seeing something else completely different. Most good homes on the market sell the day they are listed. They are frequently part of a bidding war so homeowners are getting more than they listed for. The buyers in these free southern states are calling from places like california and buying homes the day they list over the phone. Homes cost almost 10x in cali than they do in poor southern states, so those cali buyers have lots of cash to play with. It's causing the locals to not be able to afford to buy in their own home towns. Prices are rising out of control, everything sells faster than anyone can even go look at a property, roads are crowded, our towns have never had so many people flooding to them. Our housing market isn't crashing. We are probably being pushed into a boom. But I bet all those other states will still see the crash.