I disagree a bit. (ps i am a homeowner and 30 years old, bought in 08 just b4 the crash.)(licensed RE Agent)
(our housing market is the house of CARDS)

It the lending that is getting us in trouble. New Home Buyers Use FHA %90 of the time. Hence Freddy and Fannie are so In debt.

people are putting $2000 down on a house worth 60 k. This saving of 2k does not make a buyer qualified for such a commitment.

We built this country on DEBT
Now the DEBT is coming back for the rest of it.

More home buyers means more DEBT



Less Home Buyers means more UNEMPLOYMENT

then so be it. Go create your own job. I did.



Asking people to keep buying homes is like saying lets keep this tilt a whirl of death spinning.


like I said, preparing for another crash.