I don't want to get in to what caused the economic crisis. It's all complicated and controversial.
What most people can agree on, is that the underpinnings were built on a housing bubble. Some blame Fannie and Freddie, some blame deregulation that led to lax lending standards.
Me... I blame housing porn. I blame all those flip this, flip that, moving up, real estate pro's, trash T.V., etc...
Now I have a confession to make. I was addicted to them. Whenever I had a few moments to watch T.V., I could always count on one of these housing porn shows to entertain me.
It got so bad, that my wife came to hate the word "pop". As in, wow this room really "pops".
I'm a cynic. I don't believe anything. Yet, I fell for all the housing propaganda. I can see what happened in the rest of the country. Mass hysteria.