Only the Worst News Wins

In the opinion of one home builder, we are in the worst housing slump in 40 years. Think about...40 years. The recession of 82, when no one had a job, when interest rates were still 16%, not as bad as now. Stagflation in the 70's? Nowhere near as bad. This is the long awaited housing slump the media has been pushing for 3 years now. Except, they are wrong. Not quite yet. Now that the Fed has paused, let's see what happens. Oh, I forgot, we can't, we found a source saying death and destruction, that is all we need. Sorry kids, been there, done that, and you are wrong again.