There is a pair of new leveraged ETFs coming online this month that let you bet on the future of housing prices. One product predicts the price will go up, the other is a bet on the price going down. I'm not exactly sure what exactly the point of these is, other than speculation. There is no investment component here, and I'm also wondering what sort of influence these ETFs might have on home prices and analysis of them. This is one of the more bizarre financial products I've seen, and reminds me of Credit Default Swaps:
<a href="http://seekingalpha.com/article/136180-the-new-macroshares-housing-funds-revealed">http://seekingalpha.com/article/136180-the-new-macroshares-housing-funds-revealed</a>
<a href="http://seekingalpha.com/article/136180-the-new-macroshares-housing-funds-revealed">http://seekingalpha.com/article/136180-the-new-macroshares-housing-funds-revealed</a>