MSNBC breaking: "U.S. homes post steepest price drop in 16 years"

[Amerigo Vespucci]

Details to follow.

http://www.msnbc.msn.com/

[ananda]

1. Need a link.

nt

[Amerigo Vespucci]

4. The link is to the MSNBC home page, which is where the headline is.

If you look at the link you will see "Breaking News." There's no story yet. That's why I said "details to follow." When they post the story I will post the link.

[Tian Zhuangzhuang]

2. Good

Honestly in my market they need to drop another 40 percent. You can't sustain a housing market where only 10% of workers can afford a conventional mortgage.

for further details check out the doctor http://drhousingbubble.blogspot.com/

[soothsayer]

5. I'm with you. It's just crazy and unsustainable, imho.

[Donnachaidh]

3. Time for another shot of cash to bail out Wall Street!

Watch the numbers dive following this report.