Wednesday, Apr 25, 2007
Considered view from a considered writer
Charles Hugh Smith: Weblog and wEssays: Real Estate Disconnect
The story is a few posts down, so search for "Real Estate Disconnect":
"As homebuilders' stocks rise--"the worst is over" yet again--and as inventory of unsold houses piles up, we are witnesses to a grand disconnect of hope/perception from reality. It is merely an observation, not a value judgment, that reality eventually overwhelms perception."
An interesting read, quoting several sources.
Also relevant is the "Media Disconnect" post.
Posted by dohousescrashinthewoods @ 10:53 AM (142 views) Add Comment
2 Comments
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1. auntie said...
People on this site go on and on about Vi 'spin'. This excellent article show exactly what they mean and why the media spins the spin.
Worth wading through it!
2. dobber said...
I agree excellent post.