[quote=scaredycat]sometimes i think we become insensitive to how big numbers are we are dealing with, and, sometimes, minimizing what ca be large losses. We think, well, it’ll only go down another 10%, maybe $40,000, or 20% maybe…. Well, dang, you know, that’sa lot of money.because prices and gains have been so big, it can be difficult to wrap yourself around some different potentially new reality. i know for me, with kids, it’s been difficult saving $70,000 over the last 7 years. not horrifically painful, but definitely a bit of a struggle. It’d be a bummer to lose it all in a couple years and not see it come back for a decade. so when people say, oh, only another 20% downside, I think, wtf! i’d prefer to have a positive net worth than a negative one. it took a while to climb out of the hole of student loan debt and some credit card debt late last decade…it’s just difficult for a saver like myself to be casual about what i perceive as faily large paper losses; just doesn’t feel like it’s worth it to have saved upa long time to have the privilege of losing it all on paper…[/quote]

Gee I guess it really must be impossible to ever pop up 20% in the next one or two years,

If there was to be even a slight recovery I think homes could go to cost of production fairly easily , would that be a pop of 20% in the TV, ???? There may be some debate on that but I think it would.