4 ms·
For good or for bad, the media has a propensity to focus on news that appeals to the reader's primal instincts, in this case fear. A 'homeowner' being under wat
by ArchD 15y ago
For good or for bad, the media has a propensity to focus on news that appeals to the reader's primal instincts, in this case fear. A 'homeowner' being under water or in danger of foreclosure seems to invoke a greater sense of crisis on the 'homeowner' than the situation on other side of the market for the potential buyer, namely a renter having to rent for many years because houses are just too expensive, or being able to buy cheap houses. For the (potential) new buyer, there is no crisis.