Those anti-capitalist plebs bought a place to live in a free market society. How fucking dare they.
Where the hell did that come from?
The simple fact is, when a home is the majority of your wealth and housing prices plummet, then that explains the OP. In fact, it's even mentioned in the article that the OP linked. Did you mean to reply to someone else?
People talking about diversifying. You try diversifying while making 30k a year. The reality is, when your family is barely making any money, the only investment you can make is a house.
While that may be true, diversifying any leftover savings/investments is always a good plan, no matter how little money you have.
I even said that in this example (middle-class homebuying) it might not have mattered, though. What the hell is wrong with the OT this morning? You guys are in ATTACK MODE and aren't even taking care to read posts beyond a glance before unleashing TEH INTERNET FURIES