Open Window wrote:
Or people can try to explain it to their friends with what they know as best they can using simple cause & effect scenario painting.
Tell them to check out this website.
To look at the years of commentary on this website.
That exemplifies the power of the ordinary, the people who have been more effective at explainign what are difficult issues than any media outlet. Issues essentially orbiting the supernova that is the property bubble and thus once this is grasped as a universal context it becomes very easy to understand and compute onwards.
Unfortunately OW this presupposes that most people actually want to, or can be persuaded to, seek out and absorb information. We on the pin and similar forums are in this respect an exception, rather than the rule IMHO.
Years of soundbytes, and lacklusture analytical reporting have left the majority of the populace either enable or unwilling to even attempt to absorb serious detailled information, even when it directly affects them. Actually, this may be a chicken & egg situation now that I think of it, possibly modern reporting methods are a response to the unwillingness of the populace to absorb detailed coverage.
Either way, the problem remains, I understand where you're coming from, it would be great if that untapped power could be harnessed, but I ain't gonna hold my breath.