Tuesday, December 23, 2008

This is getting freaky

Hey what do you know? The latest round of housing numbers are piss poor yet again. I guess all those "REAL ESTATE HAS BOTTOMED" headlines were.....shockingly....wrong again. The best call for the bottom of the housing marktet was Dave Ramsey, the Charlatan in Chief of real estate hacks. He said that the week before Thanksgiving was the bottom. Mind you he also said that somewhere in late March of this year the economy had bottomed and there would be no recession.

Here is my prediction: this week every expert out there will predict this is the bottom and there has never been a better time to buy. And I will keep on renting for a fraction of the cost of "ownership" and keep mocking these boneheads.


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