Media has a strong monied bias. To be blunt: nobody is publishing or doing journalism for the “I don’t have a fixed address” and “I’m flat broke” audiences. You need money to get access to media, and everyone working there is gainfully employed, so it’s a safe bet.
And that’s clear in this news story. The framing for this story is basically “you’re losing money and you may not even know it yet”. Declining real-estate “value” means that 2nd mortgage is going to be a lot smaller than you planned. Or maybe you’re now upside-down after installing that hot tub.
Media has a strong monied bias. To be blunt: nobody is publishing or doing journalism for the “I don’t have a fixed address” and “I’m flat broke” audiences. You need money to get access to media, and everyone working there is gainfully employed, so it’s a safe bet.
And that’s clear in this news story. The framing for this story is basically “you’re losing money and you may not even know it yet”. Declining real-estate “value” means that 2nd mortgage is going to be a lot smaller than you planned. Or maybe you’re now upside-down after installing that hot tub.