Can't Buy A Clue
Diana Olick was discussing the state of the housing market and it wasn't just current bad news that bothered her.
I have to say, leaving yesterday's conference, I felt a strange unease, not because we talked about the same barriers to recovery that I talk about every day of the week, but because all these experts who are supposed to tell us when it's all going to be alright...don't have a clue.So what does that mean? It means that a turn around by June of 2012 is very unlikely. The prospects for November 2012? Real Estate will be a dead weight on Democrat prospects.
1 comment:
No surprise, really. Despite TARP, nothing is really being done to clean up the mess in the housing market.
Even when they get serious, the clean up will take a year or two, at least.
Post a Comment