Quote:
Originally Posted by L-Pink
I really don't know why more people aren't worried ......
Overall, the national median home price is predicted to drop 11.3% by June 30, 2010 with hard hit areas like Florida, Calif and Arizona falling another 25+%.
http://finance.yahoo.com/news/Homes-...10894.html?x=0
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I think you have to consider the American attention span to anything.
The war going on for almost a fucking decade, tuned out. The financial mess and daily reporting of doom and gloom, tuned out. Terrorism and tall that madness, tuned out.
While of course this does not assume everyone does not care, the masses on whole do not really give a flying fuck unless it effects them directly.
While it could be argued that is does to some degree in prices, and changes in access to credit and so forth. It would appear that unless it rocks the foundation of their own little personal lives or universe directly today, they simply do not care and change the channel back to Jon and Kate Plus 8, The Hills, or whatever fade is going on at the moment.
Sad.
