Brokers lament high inventory

I guess not that surprising. Today's headlines are certainly not going to help. It looks like it will be a long summer - I guess we will see what happens in the fall.

screw the high inventory look whats happening to oil prices. Dam pretty soon we won't be able to afford a bottle of water let alone food prices. The cost of food soon will exceed the cost to rent. Yippy let's all wish for this to continue so we can all lose our jobs but be better of because home prices will come down.

That's correct houser. High bidders should have factored future oil prices and a rising world's population for food when they were buying. They were both very predictable. But everyone wanted to party and have fun now, cash out their equity, and send prices soaring so they can brag to their friends how much they paid for their storage sized apartments. Welcome too and enjoy the reality check.

Higher oil = less SUV's on the road = more room to park my Hummer. Who could have predicted the benefits of high oil?

Screw the constitution. Bush for a third mandate.