July 02, 2007
A quick note to realtors, HP trolls, the NAR, Desperate Homedebtors and everyone fighting the housing crash: Give up. You're wasting your time
HP is not your enemy. The MSM stories on the housing crash won't go away. Home prices won't stop coming down, not for a long, long time. Demand won't pick up. Oversupply won't go away. New credit won't start sloshing around. Ignorance won't increase. Lending standards won't be relaxed.
Embrace the crash. Accept the reality. Fighting the crash would be like fighting gravity.
So stop fighting. You're wasting precious time. And start getting ready.