On a post here on our favorite blog you'll see a conversation from last year about the commercial real estate market by Elizabeth Warren where she says the next leg down in the housing market will happen by 2014. In that post I say:
In the summer of 2012, Barak Obama will ride a bulldozer with his hardhat on while tearing down a house in detroit. Now, to compete with that image, Mitt Romney will crash a wrecking ball into a 5 story tall building in the Detroit suburbs (but will do it without the helmet to protect his hairstyle.)
Now there is this segment from CNBC where the debate is not whether homes should be bulldozed, but instead who should pay for the bulldozing. The ridiculousness in all of this is nearly upon us.
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Just catching up on some of these posts today. How does it feel to be a prophet? ;)
Posted by: Laura Ebke | 04/24/2011 at 08:06 PM