Hi Lang. I think you're asking this question from the same frustration we're all feeling.
Katina and Scott G. both zeroed in on the most vexing problems in real estate today. Like Katina wrote, it's not just about price, but so many other issues, e.g., jobs, necessities, luxuries, etc.
I think there's a general sense of anxiety among the 'middle class' (what's left of it) and the standard of living we all miss and remember from just a few short years ago. Not a day goes by that I don't hear more horror stories from people I know or people they know, one degree removed.
Sometimes it's hardest to see light at the end of the tunnel when everything in the tunnel is pitch black. I believe in the future of the American economy and it's relentless ingenuity. We are still the leaders in vibrant business ideas and entrepreneurial spirit across the globe. Things will get better.
Scott Miller, Realty Associates, Boca Raton, FL