Apparently CNNMoney.com staff reporter David Goldman wants his pay cut, too. My advice to Time Warner is go ahead, be generous, give the guy what he wants.
Saturday, October 24, 2009
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
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The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
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Bubble Meter Archive
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2009
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October
(29)
- Cash for Clunkers cost $24,000 per car
- What does a median-priced house look like?
- Shoddy construction
- Government intervention added 5% to home prices
- Classic!
- MarketWatch: Kill the Credit
- HUD unexcited about extending the tax credit
- The FHA failed a recent audit
- Breakin' the law in D.C.!
- Fiserv: Home prices to resume decline
- Commercial vs. residential real estate prices
- BubbleSpere Roundup
- Lawrence Yun's Arlington condo
- More stimulus, but no more bubbles
- Those dang mortgages!
- A decade after the stock bubble
- What happens in Vegas...
- Unemployment to remain high for years
- Is Bush to blame for the housing bubble?
- How to create better financial regulation
- Constructive criticism of Obama's financial regula...
- Way off topic
- Nouriel Roubini still bearish on housing and banks
- My thoughts on a second stimulus
- Rents falling; vacancies rising
- Ed Glaeser partially blames government for the for...
- Question of the day
- Grrrrr
- More mortgages for financially-questionable borrowers
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October
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The fish stinks at the head first! Let's pay our congressional leaders on the job they do and the jobs they create. For some reason I doubt they would pass that bill.
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