Perry – I thought we were here to discuss what’s REALLY going on in the market, to get away from the spinmiesters? If we’re going to do the same thing but on the opposite side, how are we any different? I’ll call out spin where ever I see it, from the RE bulls or the RE bears.
Full disclosure – I too am a bear renting until I believe the market has stabilized. I just prefer to stick to facts, figures, and analysis while avoiding putting words into the mouths of authors. The author in that Times article does not “expect” all of those loans to default, he only stated that they are “at risk”. PS’s spin is misleading, and evidence of her myopia.
