What depression? Inflation to inflate debts away.:)

The key still is: where one can get money?

We will see if banks are still willing to lend. at 0-10% down, and for investors, 20-30% down. It is interesting time when two currents are fighting each other.

If FED does not lower rate any more, the whole system will collapse. Then we will see depression that drags all the leveraged investor into the sucking hole. But I do not think that will be the case.