The blogger over at the Housing.com blog declares today "The Day The Bubble Died." He further states " Well, to coin a phrase, the earnings reports have come home to roost. We may be in for a severe economic shock in the next few months, but we will emerge from it stronger, with hopefully less reliance on consumer debt and inflated markets to drive our spending and investing. Today's the day the bubble died. Hallelujah." Indeed, today was an important day in housing bubble history.
I actually personally met the blogger behind this most excellent blog. The blogger was smart, astute and friendly. The Housing.com blog rocks.
Thursday, November 10, 2005
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