Yes, housing is a mess. It was made a mess by people who financed way above their means. You COULD blame it on the banks- but how about a bit of personal responsibility here? We rented for ten years, why not them?
And if you CHOOSE to live in a union state, I have no sorrow that your particular place may never recover. Although unions were good in the past- they have grown out of control.
I am starting to follow the financial philosopher. He seems to have a good head on his shoulders. Personally, I am happy to be in the market and watch my meager retirement grow. My hubby turns 60 this year and we plan on living frugally fun for a very long time.