Friday, July 01, 2011
Dumb Article of the Day
This article that predicts the worst ten housing markets for the next five years has been on Yahoo Finance's top news stories all morning. What a dumb article. How the heck do its two authors (or anyone else) have any clue what the worst housing markets will be for the next five years. I want the three minutes back it took me to read the article and write this post.
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1 comment:
Are they just interpolating forward? History has been a great guide! You could make the exact opposite argument based on their insight that housing prices has bottomed in those markets and the other markets will get worse/"catch up" the next five years.
I want the 1.5 minutes it took me to read your article, scan their article, and then reply back...
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