Home prices fall 5% in nov and are expected to fall more. Forecloses are now massive. Skeptics say that every thing is fine and home prices are up. That is not what we are seeing. People, it is time for you to wake up. Fact is that there is no recovery. That is a sad old song. Yeah one that economists keep on singing.
Wednesday, January 12, 2011
Falling home prices
Home prices fall 5% in nov and are expected to fall more. Forecloses are now massive. Skeptics say that every thing is fine and home prices are up. That is not what we are seeing. People, it is time for you to wake up. Fact is that there is no recovery. That is a sad old song. Yeah one that economists keep on singing.
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