I think that there is one difference in this cycle though. I think that a lot of the ARM mortgages were eaten up in the great recession. Most of the loans nowadays are conventional, or in the case of investors, just cash.
kuhnto writes: I was playing with my key chain and started to wonder, "what does everyone on Slashdot have on their key chains?" What cool things do you have that you want to share? I'll start... Car key, Car alarm dongle, house key, Kingston USB Drive, AAA mirco flashlight, and a Swiss-tech Utili-key.
It seems that every time something great comes along to stir the pot such as Replay TV, something happens to ruin the fun. I am sure ATT will kill that little JEM before the ink has dried on the contract.
kuhnto writes: A simple relic of 20th century life has taken on new meaning for archaeologists: The ring-tab beer can — first introduced 50 years ago — is now considered an historic-era artifact, a designation that bestows new significance on the old aluminum cans and their distinctive tabs that are still found across the country. Link to Original Source
This reminds me of the Horizons ride at EPCOT ages ago. One of their three ecosystems to be tamed was a desert wasteland, and how advanced robots would mine/farm the land. These robots could detect rain, air pressure, and everything!