A few more graphs on home sales from Calculated Risk, including Y/Y inventory - which is not...

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HiSpeed Comments (1062)
 
If our grossly corrupt, ignorant govt would cease trying to manipulate prices higher than housing could finally find its intrinsic bottom. Afterward, it could finally recover. The govt is only dragging the situation out with irresponsible policies.
22 Jul 2010, 01:46 PM Reply Like

mowjo Comments (96)
 
If Government policy has no effect to the positive can government policy have effect to the negative? I guess the answer depends if you are a bleeding heart liberal or a red neck conservative! It may also depend on which particular policies you favor or disfavor. I think that is called a bias.
22 Jul 2010, 01:55 PM Reply Like

positivethoughts Comments (1389)
 
Of course it can have an effect to the negative. By the way, how do you classify limited-government libertarian types?
22 Jul 2010, 02:01 PM Reply Like

kmi Comments (3847)
 
The American discourse limits us to thinking about folks as social conservatives and fiscal liberals, with no allowances for anything else, either that be your libertarian, or fiscal conservative, or pretty much anything else. Considering the limitations of the discourse, we have to shoehorn squares into triangles and circles into rectangles, since everyone has to belong to one of two parties....

Disappointing really.
22 Jul 2010, 02:12 PM Reply Like

Harry Tuttle Comments (2221)
 
Just remember this picture the next time someone in the press touts the next housing number as "...a hopeful sign that the sector has stabilized/found a bottom..." It will take years.
22 Jul 2010, 02:58 PM Reply Like