In a tract house subdivision, just beside a ginkgo tree,
Sits a spruced up old split-level, freshly painted and lien-free.
Just a mile west of K-Mart, near a park where kids can play,
When you buy this perfect homestead, be prepared to overpay.
Be prepared to overpay,
When you buy a home today,
It’s the last hot bubble market, buyers sulk while sellers bray.

We all have to camp out somewhere, and the renting game’s a bore.
Current mortgage rates are piddling, and there’s tax writeoffs galore.
For the current buying frenzy, a fair case can be construed.
As in all great frenzies past, though, it’s the late-ins who get screwed.
Be prepared to overpay,
When you buy a home today,
It’s the last hot bubble market, buyers sulk while sellers bray.

Once you looked to stocks for action, ‘cause the worst rose with the best;
And the analysts were friendly, ev’ry kinky deal they blessed.
But the air’s gone from that bubble and the heady play today,
Is in real estate investment, where the rule’s still: Overpay.
Be prepared to overpay,
When you buy a home today,
It’s the last hot bubble market, buyers sulk and sellers bray.
Be prepared to overpay.
If you enter housing’s fray.
All the prices sound like plunder. But you pay them—then you pray.

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