Liar
Hack
Pawn
Monkey
Discredited
Laughingstock
Here's the latest from Yun. Weigh this against the latest from Case Shiller.
Consumers are hearing a lot in the media about the correction in housing, and they’re understandably concerned about whether now is a good time to get into the housing market.
To a great extent, we can thank steady media coverage of the real estate market “correction” for unfounded consumer concerns.
If there’s a correction in markets today, it’s in home sales volume and housing starts, not in home prices.
Even a relatively large price decline, such as the 12 percent drop we saw in Sarasota, Fla., cannot reasonably be called a correction when that market had a 150 percent price increase during the boom.
Here's the latest from Yun. Weigh this against the latest from Case Shiller.
Consumers are hearing a lot in the media about the correction in housing, and they’re understandably concerned about whether now is a good time to get into the housing market.
To a great extent, we can thank steady media coverage of the real estate market “correction” for unfounded consumer concerns.
If there’s a correction in markets today, it’s in home sales volume and housing starts, not in home prices.
Even a relatively large price decline, such as the 12 percent drop we saw in Sarasota, Fla., cannot reasonably be called a correction when that market had a 150 percent price increase during the boom.
4 comments:
FU Yun I am not buying a house.
When you are proven wrong again again and again then maybe, but prices will be substantially lower.
Mr. Yun is blaming the media. It is the fundamentals stupid!
http://bigpicture.typepad.com/comments/2007/06/gaming-the-data.html
where is the 50% drop you loons are predicting?
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