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To: Pelham

If you want to cherry pick data, there are regions that prices are actually up. I am talking nationally, not some cherry picked region. Doom and gloomer Shiller has stats from 10 of the largest cities which areas like Cleveland and Detroit, so his numbers tend to be much worst than if you look at the whole country.


115 posted on 02/08/2008 4:58:06 AM PST by Always Right (Was it over when the Germans bombed Pearl Harbor?)
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To: Always Right

Quoting LA prices is now ‘cherry picking’ - that’s a good one. 1 out of 10 American houses is in California. And a much larger share of housing valuation, although Mr Market is in the process of correcting that foolishness. California equity locusts drove prices all across the West, and their demise will be felt even by you.


117 posted on 02/08/2008 9:38:14 PM PST by Pelham (Press 1 for English)
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