Anyway, my childhood friend Jason – who, mind you, has a degree in economics – has spotted the next bubble. Read about it here.

I do however have one question for Jason. An important piece of evidence for the housing bubble was that housing outpaced renting prices, a normally correlative relationship that Wikipedia so aptly calls the ownership ratio. I wonder, is there any comparable analysis for the current bubble? Is this too much to ask without the help of a think tank?