America is culture sick with shallowness and pretense. Everyone thinks they need to look like royalty, everyone obsessed with money and things. If you reject that vapid state of the culture you get labeled a LOSER. As if desiring some substance in your life is a bad thing and born of jealousy of the pretty people.
I can't wait for the real estate market to crash to bring some humility to this country.
Don't think it will happen? In less than 20 years 90% of real estate will be worth less than when purchased and be rentals. The real estate craze is just a place for capital to appreciate in a dying industrial economy. It cannot be sustained.
They are predicting the bubble will burst, but will be a mild one, not like the internet of 5 years ago. It's going to be like back in the 80's, lots of property for sale, and no buyers. I guess we will see.