Tuesday, December 14, 2010

U.S. Underbuilt???

According to this nonsense there exists a deficit of single family housing - really? Can you tell me where single family prices are going up because demand is exceeding supply? I asked Kirk Nace, the top housing market analyst, his thoughts of this and he had this to share..."This is the type of nonsensical gibberish our elected officials, and the leaders of the real estate, mortgage and housing industries expect the public to accept, and far too often our nation of Sheeple simply accept it, as 'thought' is far too often foreign concept!"

Click on the title above or the link below to review the entire Real Estate Channel article.

http://www.realestatechannel.com/us-markets/residential-real-estate-1/real-estate-news-national-association-of-home-builders-nahb-single-family-housing-production-housing-shortage-underbuilt-housing-market-credit-crisis-3518.php