Tuesday, February 17, 2009

HOUSING DECLINES MUST BE STOPPED...? BUT WHY...?

LET IT SELL DOWN...!

THERE IS A BOTTOM...

IT'S JUST NOT THE BOTTOM THE BANKS AND THE MORTGAGE SUCKERS WANT...

TRUST ME...THERE IS A BOTTOM...

TRUE, IT MIGHT BE REPLACEMENT COST...OR EVEN LOWER...

BUT THERE IS A BOTTOM...

PERHAPS, TOO "DISTRESSED" TO SAVE THE BANKS AND THE MORTGAGORS...
BUT HEY, THAT'S THE WAY MARKETS WORK...

THIS NOTION OF WASHINGTON "PUTTING A BOTTOM" UNDER HOUSE PRICES IS PURE NONSENSE....

HAS ANYONE NOTICED THIS...?