My theory. If you are in Austin, look at all the new buildings being built on every block. Those building, often with the bank that financed them at almost free money loan rates shown an a placard outside, will eventually finish being built without anymore being financed at today's interest rates. Then look at thousands of laborers doing the building. Every month those buildings are being completed. We are at the apex right now. Eventually everyone one of those laborers are going to have to find a new job however there will not be loans to finance more building.

The money injected into the system was created 2, 3, and 4 years ago. It takes a few years for the effects of multi million dollar financing to show.