A Lagging Indicator

Remote Control

As the housing market peaked the airwaves were full of real estate porn - we had “Flip This House”, “Flip That House”, “Sell This House”, “House Hunters”, “Buy Me”, What You Get for the Money” and my personal favorites BBC’s “Location, Location, Location” and “Housing Ladder”. Two years later it seems TV has finally caught up. As America collectively lusted and spent on the way-up, it appears we will now engage in Schadenfreude on the way down.