The constant and incredulous drumbeat of impending RE bubble doom is orchestrated to make the President look bad...
Whoa Nelly! The real estate bubble is a plot against the President or there is no real estate bubble?
Either way, I got nothing. Nada. You made my brain lock gears.
There are local real estate markets with inflated prices. There is no nationwide "bubble" worth the
sturm und drang you hear from the goldbugs and blogpimps infesting FR, but all that weeping and rending of garments does help make the American public feel terrible about President Bush, all to make Nancy Pelosi first in line to be Commander-in-Chief.
And don't call me Nelly.