The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: redfish who wrote (36513)	7/29/2005 10:09:10 AM
From: Mike Johnston	Read Replies (1) of 306849

Sometimes i think that maybe the Wall Street Journal is correct in claiming that there is no real estate bubble. Possibly, rising house prices reflect the true inflation rate in the service side of the economy. Ironically, i consider the New York Times to be more credible and honest on this subject. WSJ continuously refers to "housing wealth" while recent NYT article that was posted here exposes this as a mirage.

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