No jobs...No buyers.
No Buyers...No price stability (much less appreciation).
Take a look at this chart that was recently posted on the site Shadow Government Statistics . It shows the 'real' unemployment rate when one factors in people who have dropped out of the labor-force as well as people who work part-time but would prefer full-time if they could get it.
I believe that the most recent official Govt. figure for unemployment was 9.6%....the REAL figure, as reflected below, is over 22%!