Who is buying homes?

I tried to start a thread on this earlier today.

It was ignored.

The bears are in hiding.

"The bears are in hiding."

i can't imagine why, since this piece only serves to reaffirm the "bear" position that the hour is later than anyone realizes in america's transformation into a third world country.

and i'm sorry, but what is this?

"But in most cities, the million-dollar homes sold were actually million-dollar homes, not just those that crossed into the high-end territory because of rising prices."

perhaps it's petty to single out a single sentence and betrays my own leaning, but i feel it discredits the entire thing's motivation and position.

and come on, "that Scarsdale colonial fell to $1.1 million after gong for $1.5 million four years ago". even lucille spellchecks her damn homework before handing it in. and she doesn't write for money@cnn.

http://www.youtube.com/watch?v=SP_9zH9Q44o

C'mon!

ahhhh...lil spinner

for some reason you are comforted that some classes of real estate in some parts of the country are seeing sales and actually holding value down 25 or 30%, for the first time in years

kind of a non-story to me what with basically every investment class other than real estate ramping like a mofo of recent

spinnnerrrrrrr

Wtushy and MidtownerVirgin!

So you are saying this bad for Manhattan right?

What about Wtushy/MidtownerVirgin is bad for Manhattan? The fact that they rent a smallish 1 bedroom in midtown east for $3200?