What's gonna disappear first, having been disintermediated by the internet, discredited by their lies and distortion, and absolutely crushed by the housing crash...
Realtors or Newspapers?
Well, now we know why the MSM were such active cheerleaders of the housing bubble at the time - look no further than their REIC-driven and desperately needed ad revenues which have now gone kaput.
Realtors or Newspapers?
Well, now we know why the MSM were such active cheerleaders of the housing bubble at the time - look no further than their REIC-driven and desperately needed ad revenues which have now gone kaput.
Now we just need to figure out why the f*cked up so bad on Iraq.
Paper scratches 40 jobs - Soft real estate market impacts ad revenue
A steep but cyclical decline in real estate advertising has forced The Bakersfield Californian to eliminate 40 positions, 10 of them through layoffs, company President and CEO Richard Beene announced Tuesday.
Between 2004 and 2006, The Californian enjoyed strong profits largely because of an "exploding real estate market," Beene said. But recently, real estate agents, home builders and others in the industry have scaled back their advertising, he said.
A steep but cyclical decline in real estate advertising has forced The Bakersfield Californian to eliminate 40 positions, 10 of them through layoffs, company President and CEO Richard Beene announced Tuesday.
Between 2004 and 2006, The Californian enjoyed strong profits largely because of an "exploding real estate market," Beene said. But recently, real estate agents, home builders and others in the industry have scaled back their advertising, he said.
The real estate market is not expected to rebound until 2009 at the earliest, he said.
