Apr
24
2009
U.S. Housing Market Crash, Why is the Media Misleading the Public?
Posted by: in Home Mortgage Online, tags: Different Story, Excerpt, Glimmers, Hopeful Story, Housing Market Crash, Light In The Tunnel, Mike Whitney, Myth, Public Housing, Random, TruthRandom Feed wrote an interesting post today on
Here’s a quick excerpt
By: Mike Whitney Apr 24, 2009 Why is the media misleading the public about housing? The housing market is crashing. There are no “green shoots” or “glimmers of hope”; the market is worn to a stump, it’s kaput. Still, whenever new housing figures are released, they’re crunched and tweaked and spin-dried until they tell a totally different story; a hopeful story about an elusive “light in the tunnel”. But there is no light in the tunnel; it’s a myth. The truth is, there’s no sign of a turnaro
Read the rest of this great post here




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