I guess the story goes this way. An economist tells Greenspan that the stock market is too high and our revered Fed Chairman repeats his thoughts and crashes the stock market.
So that same guy is now saying that housing will drop 40%
Is he saying that to make it happen? Doesn't negative talk create negative reactions.?
Isn't perception the real market maker? What's his goal?
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I couldn't agree more. But I'll take it even further by also blaming the media. Day after day after day you hear, see and read story after story about the real estate bubble that is about to burst. So everyone please shut the hell up already.
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