Agreed on every point, except I'm actually in Canada, so it's partly because housing didn't crash here that we're arguably even more turbofucked, afaik anyway. Although our current administration would like every working age person to believe that it's solely because of your president that we're screwed economically, the writing has been on the wall for a while; too much of our GDP is made up of residential real estate sales and the rental income generated by the scarcity of them and going into the pockets of people who borrowed endlessly against them.