2008-06-23doctorhousingbubble.com

I think the majority of the public would categorize a recession as a “bad” economic thing - something that in 2006 was not going to happen. So now, the implication is housing prices collapsing and the oncoming recession are good because they will increase affordability. Wasn’t that fear number 1 and 2 that supposedly were only part of the tin foil hat housing bear crew? Talk about never having to say you were absolutely wrong. Mea culpa not welcome here.

I think what this all proves is that "joint" in the name of the housing center doesn't mean what you innocently think it might at first glance...



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