Thats a good point UCG, I totally agree. Are there other downsides, besides consumer confidence/mood? Some of the confidence drain may be negated by the freeing of cash from housing. Unlike stock market investments, housing assets are pretty much unproductive.
Basically, I am trying to free myself from the guilt of cheering on the fall of home prices without making myself freaked about taking a riskier job. Can I have my cake and eat it too?
