Corn,Beans,and the Housing Market

When I living on the farm one of the perilous aspects of the profession was, The whipsaw fluctuation of crop prices. Crop prices fluctuated with the weather for sure, but just as much maybe more by the crop forcasters.Every time a crop forecaster would make an announcement---“This years corn crop expected to be a record breaker, The soy bean planting are up 15% so expecting larger than normal harvest.” Announcements like these of course drove the prices down and by the time harvest time came around, It mattered little if the forecasts were nothing than a smell in the wind, as” harvest conditions effect crop” so the forecaster is always right he just changes his story. I know these things although detrimental to the farmer, make wall street people, a lot of money on the futures market .Good or bad that’s one of the reasons young people are not staying in agriculture, which in my way of thinking is a shame. Anyway the reason I point all this out is.
I guess I want some one to tell me Who started the housing market challenge we are now experiencing? Is there someone who took a booming economy, low unemployment, controlled inflation, and a very friendly lending atmosphere, and turned it into a housing slump? I realize oil prices, cut consumer spending, But is that the end-all answer? When is someone going to say” Look, we have an ever growing population, Baby boomers reaching retirement age, and the lowest interest rates in years! OOOPS-----So anybody have a handle on where this whole thing started? leave me a comment---Thanks David Shriver http://flippin.davidshriver.net