It's funny watching MSM reporters who are obvious desperate homedebtors trying to spin the housing crash into happy talk

Spin, spin, spin

Happy talk, happy talk, happy talk.

Note to MSM homedebtor talking heads watching the value of their own houses plummet, while depending on REIC advertising for their salaries, and above all (in this case) not wanting Bush and the GOP to be blamed for the worst housing crash in American history:

Nobody is buying your crap anymore (and p.s. you should have rented)

The monkeys at the NAR want you to believe it's a great time to be financially ruined (and take out a mortgage on a depreciating asset)

Monkeys I tell ya..

I especially liked these out-and-out lies and disinformation (with my comments of course)

* When you have a family it's always a good time to buy (why, is it a good idea to bankrupt your family? odd.)

* It didn't make sense for us spend the same amount of money renting something when we can own it (what, someone offer you an negative-am, no-down, teaser rate option-arm?)

* In this market there's a lot of options (well, that is true. 100,000 unwanted homes on the market in Phoenix alone. But why is that? Because they're WAY overpriced!)

* Prices are favorable (huh! prices are not even close to where they're going to be a year from now - much much much lower!)