From 2005: Mocking the Existence of A Housing Bubble. From the discredited shills at the California Association of Realtors.
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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 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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Wonderful! More power to you towards the much needed goal of utterly discrediting the real estate industry.
ReplyDeleteRemember kids, there never was a housing bubble and prices never come down. The media just needs to stop "talking down" the market and we'll all be rich again. It really is a great time to buy.
ReplyDeleteHahahaha!
Hey,
ReplyDeleteWait a second. We know the rebound is just around the corner. Buy now or be priced out forever!
Got Popcorn?
Neil
So, if there was a bubble and it's busted ... Why aren't we seeing prices fall everywhere?
ReplyDeletethey are falling in the suburbs and exurbs. They already falling in places like Potomac, Rockville, Annapolis, Fairfax. The closer to the city hoods are falling too. Just at a much slower pace. Hang tight Lancelot, they will fall quicker right after spring season is over and sellers realize they didn't move their homes.
ReplyDeleteNice straw man, Lance. There couldn't have been a bubble if prices didn't fully burst instantaneously and uniformly. Yeah, that's what a bubble means, sure.
ReplyDeleteHahaha
ReplyDeleteSuck it up homedebtors. Now you are gping to have to work that second or third job instead of panhandling off of buyers.
Stick it realwhores.
This blog saved me from buying at the peak while the realwhores cheerleaded on.
My bid prices are dropping by the month. Then take a little more off for cost of living inflation. LOL!
Bitter Renter.