Given the whole house experiment over the last couple years, and the move, and business school, and well, reading more economics nerd stuff, I've found this housing-as-an-investment boom/bust rather interesting.
In the consumer media (cnn, etc) there are typically only glossy stories when companies have failed or when someone is crying about losing their house, rather than the larger trends and reasons why things are like they are.
Enter NPR.
Listen to this show: http://www.thislife.org/Radio_Episode.aspx?episode=355
Yes, the This American Life presentation model of making ordinary life somewhat more dramatic is still there, but it is still a good concise summary of why the US is in a recession and why it's a larger problem than just some regional banks running short of cash.
There were no informed guesses as to the short term economic future made on the program, and probably for the better. It's still early in the process. No one really knows how it will shake out.
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