Disaster! Housing Woes Increase! Depression of 2009!
News from the homeowner front. That is, news from the housing crash:
Tue May 27 2008
Sleazy Flipper Changes House’s Address To Fool Buyers (patrick.net)
Tracking Realtor Spin (njrereport.com)
“We realtors remain part of the problem” (pressofatlanticcity.com)
Realtard of the month (housing-kaboom.blogspot.com)
Calif. house prices fall 32% from April ‘07 levels (latimesblogs.latimes.com)
California House Prices Drop 32% Amid Foreclosures (bloomberg.com)
House prices down and unsold listings way up (businessweek.com)
Four reasons house inventories buildup is ominous (marketwatch.com)
Why Its a Bad Time to Buy a House (finance.yahoo.com)
Housing bailout bill creates national fingerprint registry! (news.cnet.com)
Unprecedented House Equity Loan Losses (occ.treas.gov)
In favor of bubble-free prosperity (articles.moneycentral.msn.com)
Economist challenges government data (sfgate.com)
Why Wall Street Socialism Will Fail (huffingtonpost.com)
2007 Is Worst-Ever Vintage for US Subprime, Alt-A RMBS (researchrecap.com)
I bought. What the hell was I thinking? (salon.com)
Oil costs up, house prices down - good news! (timesonline.co.uk)
World gasoline usage and pricing (en.wikipedia.org)
Pioneers show Americans how to live off-grid (reuters.com)
House For Sale Promises “New Pain” (sfbay.craigslist.org)
There’s still a long way to go, readers. The American lifestyle of monstrosity is just beginning to topple. The only practical solution to restore the American people’s sense of elegant frugality and modesty is to relearn them through a significant downturn in the economy. Hence, the Depression of 2009.



