[ex-Texan]

Television news is the worst. I would rather suffer in bed with the flu than watch news anchors trying to spin the events of the day as relevant. I have not been a fan of television news since my youth in the Vietnam era dominated by Walter Cronkite. All the talking heads today are over paid jerks who could not think their way out of a paper bag. They are all rather like the "Unknown Comic" who was hot in the 1970's: Idiotic Air Heads. Just visualize a paper bag over their heads. With the exception of a few genuine reporters seen on fewer news shows, most are just worthless imitations. Their opinions are not worth the price of spit.

[Black Tooth]

Just how much of the "News" is manufactured?

Television news is the worst.

Agree, and constant news articles about RE bubble predictions and doom and gloom aren't much better.

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California: Silicon Valley a Vibrant Housing Market

(August 4, 2005) -- Amid all the speculation about bubbles bursting and overvaluation of markets, California's housing industry is holding strong—thanks in large part to the vibrancy of the Silicon Valley region.

Demand for housing has followed the growth of industry in the Silicon Valley region for more than half a century, dating back to the days when its economy was dominated by government defense contractors. What would eventually become the epicenter of the global computing revolution has only gained steam since then.

With the market's emergence on the global stage, Silicon Valley's demographics have changed dramatically. The tech industry has remained strong, offering lucrative salaries to an increasingly international base of homebuyers.

full story

http://www.realtor.org/rmodaily.nsf/1eff70c2344dbb1186256ca800625717/f38d4c075ff0629186257053004f486