Sunday, July 12, 2009

Housing "Article" is a study in Socio-economics

I do glance through the newspaper and even occasionally some TV just to keep my finger on the pulse of the "real world" even though price and volume data occupy most of my research time.

However, this real estate "article" is a study in Socio-Economics, and it shows why the bubble has not yet burst, please read and comment. This by itself does not "prove" that there is much more room for human error due to greed, and that a significant top is near (or just passed in June), but it galvanizes my position -- short. Do not be deceived by the Master of Deception, the "Market".

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Insightful and Useful Comment!