Time Magazine in a web exclusive has an article titled 'What Real Estate Bubble?' which takes a stab at the notion that there is a bubble. Thanks to the NY Times Walk Through Blog for finding this article. In the article it quotes a 'favorite expert' David Lereah who states "This looks like we're touching down for the soft landing we've been expecting."
Later this year, there is likely to be a front page cover story in Time Magazine featuring the housing bubble and the economic fallout.
Time will tell.
Wednesday, March 08, 2006
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