Wednesday, Oct 10, 2007
Can anyone see the bottom?
Bloomberg: Existing US Home Sales May Drop to Five-Year Low
Existing home sales this year probably will fall to a five-year low, worse than forecast, signaling the U.S. housing market is far from hitting bottom.
Posted by alan @ 09:09 PM (227 views) Add Comment
1 Comment
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1. dohousescrashinthewoods said...
Mr Bernanke, I'm calling you a liar. You well knew this was coming, yet you insisted on repeatedly putting out the message that the market was bottoming out.
That goes for the rest of the paid shills too. The public know that money is worth more than truth to them and that they will say whatever you are paid to. No wonder no one trusts politicians. Human nature hasn't changed since the garden of Eden.