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February 22, 2006

Today's Housing Bubble Post

-- by Dave Johnson

‘Buyers Market Of 2006 Has Begun’ In California

Santa Cruz housing prices have already fallen from $785,000 to $729,500 since June!

Posted by Dave Johnson at February 22, 2006 5:09 PM

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Comments

I've been somewhat aggresively posting responses to this situation. Tom DeLay, NSC, UAE port controls, etc are just distractions. This nation is about to get wholesale Hoovered, i.e. sucked dry, to the deteriorating financial situation facing this country. Candidates who can coherently speak to americans about this will win at the polls.

It's still the economy!

Posted by: shirt at February 22, 2006 9:04 PM

You have to love it. Some would say that sticking with the same old play book, no matter how badly your're being beaten is insane. I on the other hand commend your tenacity. Will you be attacking tax breaks for the rich, the growing gap between rich and poor, unaffordable housing (oh, sorry, you're going the other way on that one)? I know alot of people get bored with re-runs, but not me, I like winning!

Posted by: HappyOD at February 23, 2006 12:06 PM

There is a shift in the numbers of people who are cancelling home orders because they can't sell their existing ones:

http://scoop.agonist.org/story/2006/2/24/13653/8881

Posted by: grannyinsanity [TypeKey Profile Page] at February 25, 2006 2:02 PM

Markets rise and fall, thus it has ever been. Is there no issue, however mundane, that does not hold the power to determine your thoughts through your own idealogical blindness?

Posted by: HappyOD [TypeKey Profile Page] at February 26, 2006 8:18 PM

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