Goldman: Housing So Bad It's Time To Buy
Started by pulaski
over 15 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"Goldman: The Housing Data Has Gotten So Bad, Investors Can No Longer Be Disappointed" "Goldman is out with a bullish note on homebuilder Pulte this morning. Analyst Joshua Pollard makes the argument that things are so ugly in this space, nobody can be disappointed anymore." Read more: http://www.businessinsider.com/goldman-the-housing-data-has-gotten-so-bad-investors-can-no-longer-be-disappointed-2011
in detroit, miami, phoenix maybe. in nyc, still has lots of room for an adjustment. whether it adjusts is another story. investing here will not provide any decent return.
when has "well, it CAN'T get any worse, can it?" been a smart investment strategy?
then again, when has anything public from goldman been a smart investment strategy? ;-)