Monday, June 12, 2006

Real estate bubble and the housing spin

Here's an article for the idiot politicians to think about as they refuse to regulate or gag the 'sunny Jim' REI and PCA types:

Real estate bubble and the housing spin - 'I Want My Bubble Back!'

There's nothing funnier or more satisfying (for me, at least) than watching the National Association of Realtors (NAR) change its tune these days. The latest news release from this sunny-Jim industry group finally fesses up to its past fiction, but even when it admits the bubble's going to pop, it can't muster the courage to just come out and say it."

By Seth Jayson (TMF)

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