Housing Doom Housing Bubble Blog

I have vowed to bring the truth to HousingDoom wherever I find it, even if I have to go to…Bloodhound Realty’s Blog (you have no idea how hard this is).

Gregg Swann of Bloodhound wrote a rebuttal to my Monday post he entitled "Was BusinessWeek bamboozled? "Twist" doesn’t know what she doesn’t know.." .  It was a copy of an e-mail he dashed off to Peter Coy barely two hours after I posted on Monday about accuracy problems with MLS reports. Mr. Coy has to read this tripe as part of his job, but unless you enjoy watching car crashes, don’t bother.  Where it gets really interesting is if you scroll down to the comments of John L. Wake.  Wake distributes the Home Sale Newsletter, and has been a realtor here in the Phoenix area since 2003.  As much as I hate to send Doomers over there [and don’t troll guys- I hate it when they do that over here] Wake’s comments were too informative to pass up.

At any rate, here’s what Wake said about the ARMLS, and about my analysis: [And a rather amazed hat tip to Bloodhound for allowing a comment that defended me so nicely.]
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This post is rated PG [1]

It’s only Wednesday, but let’s try for something light and fluffy today.

The pioneer Swiss psychologist Carl G. Jung used to talk about something called "synchronicity". That’s just a fancy way of saying that sometimes things weirdly happen at the same time. Last week this seems to have occurred between me and a gold company researcher named Adrian Ash.

Doomers are encouraged to read the quoted parts of Ash’s January 6th article [2] and compare it with my January 4th Doom post.[3] You can certainly follow the link and read Ash’s entire piece, but be advised that the rest of it consists of pretty routine gold-bug fear-mongering and promotion. I think I’ve extracted most of the intriguing bits.

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