Is reality in the eye of the beholder too?


2009-07-19 — blogspot.com

Barry Ritholtz presents the following graph and asks: "I cannot figure out why people continue to call for a bottom in Real Estate — as if there is going to be this snap back any day now."

Well I'm one of the people who wrote yesterday that a bottom for single family housing starts might have happened: It now appears that single family starts might have bottomed in January.



original article http://theautomaticearth.blogspot.com/2 ... ye-of.html

http://ml-implode.com/staticnews/2009-0 ... ertoo.html