Like a fine wine, this putrid sweet-treat from the height of the housing bubble just keeps getting better and better as it settles into mellow old
age:
I bring this rancid litttle tibit to mind as a kind of conceptual encapsulation of all that went wrong with the housing dream. Specifically, the flaws
in the social dimension, which are easily lost in the dense thicket of stats and charts. And, yes, the culpability of the average joe-and-jane
too-much-house, who are every bit as much to blame for the mess as the nasty evil old banks and realators.
Three years on, what have we learned from Suzanne and her stellar research skills?
[edit on 3/29/10 by silent thunder]