Soft housing prices: Maybe Americans just aren’t dumb enough to keep buying houses?

The housing market remains soft, so we’re told, and the best minds of central economic planning are struggling to understand why and what new government gimmicks can be applied. I’m wondering if former homeowner sentiment has been factored in. viaPhilip Greenspun's Weblog » Soft housing prices: Maybe Americans just aren’t dumb enough to keep buying houses?.