Re: OT Sold It!!!!!!!!!!!!

The fact is, the economy is doing fine. Down a bit, but not terrible at
all. 
The real killer is the fuel prices, not the housing market. And yep, thats

all tied back to the housing market. But the economy and the stock market 
haven't crashed, just the housing market.

Don't believe everything you read in the papers.

-- 
Max

"Everyone is entitled to his own opinion, he is not entitled to his own 
facts."  Sen. Daniel Patrick Moynihan of New York



"TBone" <NoWay@[EMAIL PROTECTED]
> wrote in message 
news:4825acd3$0$12948$4c368faf@[EMAIL PROTECTED]
> "miles" <nope@[EMAIL PROTECTED]
> wrote in message 
> news:BJQUj.60$3i3.17@[EMAIL PROTECTED]
>> mac davis wrote:
>>
>>> Oh.. if you think the crash is a myth, I have a house you can take
over 
>>> payment
>>> on in California... It only went from $320k to 200k in a year or so,
but 
>>> since it's a myth...
>>
>> Thats an entirely different matter.  The housing market ballooned and
was 
>> WAY over inflated for a few short years.  It went through a correction.

>> It has little to do with economic issues.  Your 320K house was probably
a 
>> under 200K just 3-5 years ago.  Thats the way it is here in Phoenix. 
>> Current prices are just above what they were 3-5 years ago. California
is 
>> a tad different with massively over inflated prices for many years. 
>> People finally cashed out, moved to cheaper states such as AZ and drove

>> the prices up there.  No way could it sustain itself.  A correction was

>> well predicted.
>
> Once again Miles, you don't seem to see the big picture.  The housing 
> bubble and its aftermath is the reason for our current bad economy which

> is every bit as bad as the news suggests for the majority of people, 
> especially combined with the current commodities bubble driving up the 
> price of just about everything while wages for many are stagnent.
>
>
> -- 
> If at first you don't succeed,  you're not cut out for skydiving
>
>