California Housing Inequality: Top 4 and Bottom 4 Zip Codes in Los Angeles California. Foreclosures and Zip Codes do Matter.
I was a bit surprised this week when I saw some positive spin being thrown out regarding the Case-Shiller Index. Even though we have dropped into record territory once again, the new Laundromat spin is that the drop was not as bad as previous months. This is like telling a person who just jumped off a 100 story building that zooming by the 50th floor is much better than going past the 73rd floor. The end outcome is inevitable and this desperation to spot the bottom is like those who desperately want to find Big Foot. The bottom will come but not today. The bottom won’t arrive tomorrow. It will be years before we ever recover from this decade long credit and housing bubble. That is the plain and simple truth. I have detailed 10 reasons why there will be no second half recovery for the United States. I’ve also […]
Original post by drhousingbubble
