this was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site on
Prices, rent to income.
the double wave of sub-prime and option arms and when they reset.
Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
gun