BigJake

Suburban Housing Markets Are Unsustainable (Part 2)

This type of flaming will be the downfall of this site. Turn the other cheek Quinn. You said your peace with an article about the troubles you feel we face. Let that stand on its own and let Cetin descend into the abyss with all the others unaware if that is to happen.

Personally, I partially agree with Quinn, but I can see Cetin's argument that hey it worked before, the can may be kicked down the road another 7 years only to be done again and again in perpetuity. As a result, I may be buying stocks both short and long, but that doesn't mean going long guns & ammo isn't a bad idea, financial crisis or not.

So How Good Was Housing Data in March?

FHA is reporting rising defaults - sounds NEGATIVE to me
The Office of the Comptroller of the Currency of the U.S. last week detailed rising mortgage delinquencies throughout 2008 - sounds Negative to me.

Yet you say neutral. Me thinks you must have money tied up in the REIT's? Just sell already so you can be objective!