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As a young professional patiently waiting the last two years to buy blue=awesome.  My condolences to those who thought lending companies had rewritten the rules of economics.  I think the most telling experience I had was at a local supermarket, the family in front of me made their purchases with foodstamps.  Fair enough, people gotta eat.  I bought just a couple items and found the same group piling into a brand new Escalade (a car I would never buy, even on an engineer's salary).  As I got in my car I realized they were heading into a nearby neighborhood, so I played creepy guy for a bit to see where they went.  Sure enough they parked at a McMansion on the NW side, near where I am currently renting. An Escalade, a McMansion (undoubtedly purchased during the bubble) and Lord knows what else inside and people think the problem is $3.50 gas. Like I said... pickins for me.  
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