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Registered
Join Date: Nov 2003
Location: West of Seattle
Posts: 4,718
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Good point. The road to recovery will be hard, but I think you're right -- we as a country need this. I was out house shopping this morning. One open house we stopped in front of had a Hummer parked out front -- the Realtor's vehicle. She was pushing a 6000sqft home as "adequate, for a starter home or even a small family." And I'm thinking "This market is badly broken." There's this fundamental disconnect between what people are producing in their jobs, what they expect to be paid, and what they expect to get for it.
Will 10 years of depression fix that?
Dan
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