Cuyo
Training a Guineapig army
And here is from another link:
The national median sales price of existing homes fell on a year-over-year basis for the fourteenth straight month in January, although the pace of decline was the slowest since December 2010 at -2.0%. Distressed sales (foreclosures and short sales that typically sell at steep discounts) accounted for 35% of total sales, compared to 32% in the prior month and 37% in January 2011. All-cash sales, which largely represent purchases by investors, made up 31% of transactions, were unchanged from December, and down from 32% January 2011.
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In other words, the market has hit bottom. It has nothing to do with Obama and, in fact, has probably been exacerbated by his meddling.
This proves one thing....Chris, you are a moron.
At the level to which home prices were artificially inflated, doesn't it stand to reason that they would "Fall" from those false highs?
But Chris didn't make any claims related to home prices.
So you refute his claim about home sales with a non-sequitur.