Housing Bust or Slump?

Over at BiggerPockets, they are linking to a FinancialTimes analysis (subscription required) on the housing boom, and its imminent demise.  The contrasting theories are that the boom will either bust, or slowly slump…

I for one am hoping for a slump.

Does anyone subscribe to the FT that could give us some more insight as to the content and opinions in the article?  I do not.

Thanks.  NG