Posted by: L | July 17, 2007

Speculation Nation: housing bubble denial continues….

“The Press Telegram. “Don’t try to tell Dick Gaylord it’s a down housing market, or that there’s a housing slump, and don’t dare mention the word ‘bubble.’”“The congenial Long Beach man, who will assume the role as the nation’s head Realtor next year, [my emphasis] will argue vehemently that the market ‘isn’t down but just returning to normal.’”

“‘I don’t know that there’s ever been a bad time to buy,’ Gaylord said. ‘If people will hold on, there’s no bad time to buy in real estate…..”

More at the Housing Bubble Blog.

[And after that, I have a little swampland in Georgia I’d like you to take a look at….]




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