WD

The WSJ Is Wrong on the Housing Crisis

BTW, I love the baby boomer getting older theory you attempt to sell. They tried selling that in AZ, NV and FL in 2004, saying the baby boomers are retiring and buying cheaper sunbelt houses and condos in advance of retirement. They argued that the sunbelt housing market will continue to soar. Then 2007 and 2008 rolls around and oops....that theory is now dust. Same as Mr Samora's theory will be next year.

The WSJ Is Wrong on the Housing Crisis

You forgot to factor in the large immigrant population flowing into the USA. Also not factored is the pent up demand that is now occuring as 20 and 30 somethings have been living with Mom and Dad and will be ready to venture out when houses drop some more and times get better which is most probably sometime in 2009.