DC Housing Bear

How Low Before Housing Blows?

You're flat out wrong about about housing just like you were flat out wrong in your August 17, 2007 post "Fear in the Market" where you were telling everyone to BUY BUY BUY at the peak. We are in a deflationary death spiral which will not end until the mountain of debt that has fueled years of phony profits is unwound. It will be very unpleasant and there is nothing that perma-bulls like yourself can say to stop it.