I have finally figured out why it's so easy to become obsessed with housing in a down market. Americans are doers. We are taught from birth to set goals and actively pursue them to achieve our dreams. In this case, achieving the American dream of homeownership involves waiting.
This presents a contradictory case of action by inaction. The situation goes completely against the grain of our “instant gratification” culture. Thus some of us find outlets by examining any housing data we can get our hands on and scouring the news, to make sure our goal is on track.
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Or possibly...human beings are genetically disposed to look for order and pattern (and tend to SEE order and pattern, even when none exists). Since we are not the strongest animals on the planet, we seek advantage by other means.
Your point about instant gratification is well taken.
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