Hey, someone woke up a writer at Time magazine this week! They actually ran a housing bubble story - go figure. And a really really poor one at that. But hey, it's a start.
We're still waiting (and waiting, and waiting) for that make-good cover. . After all, the housing crash is the biggest story in the country today, and did win the AP business story of 2006. But I guess Time didn't notice that.
"Our bad - you shouldn't have gone ga-ga for real estate. Sorry!"
"The Great Housing Ponzi Scheme Has Ended"
Here's Time's naive silly little story today (thanks HP'ers for the tip):
Will The Housing Bubble Burst in 2007?