As if we needed more evidence that the Housing Bubble has burst, comes word that last month, home sales reached a ten-year low in Massachusetts, the state that saw the most sustained increase in home values over the past twenty-five years. I thought we caught a real break last year when the Bubble sustained itself through the expiration of the old bankruptcy law; the unsupportable increase in home prices over the last decade has been one of the things that helped limit the number of credit defaults, since people who sustained a medical emergency or job loss could always borrow money off the equity in their home as a last resort. Now that home values have peaked, and monthly credit card payments are soon to double, it may get very ugly again in the bankruptcy courts....