what happend to the US property market?

Hey everybody, 

in the last weeks there was a lot of talk about the  US property market crash in the german media. Some banks became trouble with the money supply, there was "panic" in London and the public seemed to be highly confused and scared. Some argue; that's a capitalistic market defect others blame some bank managers for their risky and unwise investments some call it a meaningless little collateral damage and some regard it as the beginning of a global monetary or market crises that is yet to come.

there is a lot of talk in Germany, but I miss the smart arguments, so if you could help me out? 

You must be alluding to the subprime crisis. Here are some articles:

http://www.mises.org/story/2555

http://www.mises.org/story/2600

http://www.mises.org/story/2544

It is not an inherent problem faced by capitalist economies. 

Profit or Greed?

It is no large matter to see through the veil, the immoral motives of those whose who avail, to judge for themselves our interest and need. Through every concoction they hope to succeed, to blot out from reason "Profit or Greed?" PROFIT = economic gain from what you own, produce or control (capital) by free exchange. This is the prime directive of capitalism and the nature of a (true) market economy. GREED = economic gain from what others own, produce or control by coercion. This is the prime directive of socialism and the nature of a (false) political economy.

Inquisitor:

It is not an inherent problem faced by capitalist economies. 

It occurs only in economies that allow for some capitalism. The reason is however not private ownership of production assets, trade and freedom of contract. The reason lies rather in the financial and fiscal policies being implemented. They safe the purpose to make life easier for stakeholders, but they are only shifting the problem Until you get a banking, financial crisis and price instabilities. What we are sitting with are heavily inflated money supplies, overregulated economies and businesses and a resulting skewed accumulation of this money supply.

What I meant to say is that it isn't an inescapable feature, but I agree with the rest.