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klarek
2011 Jun 15, 3:30am
klarek
2011 Jun 15, 3:30am
The mania was purely psychological and given the mini bounce in 2010, even an epic housing collapse wasn’t enough to deter more people from jumping back into the frying pan. It was amazing how many people were telling me about the “deals†they were landing last summer.
Sounds like he's an observer of this forum's "the bottom is in" bulls.
http://www.doctorhousingbubble.com/southern-california-housing-spring-that-never-was-median-price-for-a-southern-california-home-falls-by-8-percent-year-over-year/?source=patrick.net
It's just losses, losses and more losses, in sales, in prices, in everything. All so obviously predictable, of course.
#housing