People close to me have been laid off. Some of the people at work who took on more payments with the attitude of "I'll just work more overtime" are in a pinch. To see the glass as half full, my job is secure, home prices are coming down, and I've got a good down payment for when things line up.
Itoldyouso's are pending for aquantances who bought, then turned to talking trash about my decision not to, as well as for an agent or two.