Recovery Fantasy!

 

 

 

1 comment to Recovery Fantasy!

  • James Tetreault

    Good stuff, Kyle. Jeff Nielson is always fun to hear. And this ridiculous housing recovery propaganda is amazing.

    Folks interested in looking even further into the housing issue might also check out the Dr. Housing Bubble blog. There’s interesting info there about how the banks are holding back the shadow inventory to create this false perception that there are few houses for sale. I remember a while back his showing that some southern california town (Dr. Housing Bubble is focused on SoCal) had something like 30 houses officially for sale on the MLS web site but a little checking found that there were another 500 in some stage of foreclosure.

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