TwixVoy
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Wed Dec-23-09 07:00 PM
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| Is the MSM changing news stories around again? |
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Edited on Wed Dec-23-09 07:17 PM by TwixVoy
Someone help me out here.... I could SWEAR TO GOD that earlier this month the MSM reported that housing sales last month were great. Now today the news is that housing sales last month were the worst since April. WTF?
Did I just dream the reports that said they were great? Does anyone else remember that?
Maybe I am just dreaming, but I could have sworn I read lots of reports early this month that housing sales last month were great.
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| xiamiam
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Wed Dec-23-09 07:09 PM
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| 1. its true..reported just a few weeks ago that new home sales were up |
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Edited on Wed Dec-23-09 07:10 PM by xiamiam
i took issue with it then..i know we have yet to see the bottom of the housing market..noticed the same report you did today...but then, i knew that was the case..good you are paying attention
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| bigwillq
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Wed Dec-23-09 07:09 PM
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| 2. I read that housing sales plunged |
| PSPS
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Wed Dec-23-09 07:11 PM
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| 3. "Reports" quoting the National Realtors Association are always cheery |
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The MSM always quotes the NRA press releases dutifully and uncritically since they purchase a lot of advertising. So the spin is enormous, always slanted to try to stimulate sales. Kind of like that termite-infested fire trap down the street that is creatively described as a "great fixer upper!!11!1"
Never mind the pesky details like the enormous shadow inventory (greater than the number of MLS listings in most metro areas.)
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DU
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Mon May 13th 2024, 07:14 PM
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