[quote]”The relentless slide in home prices …[/quote]
I love how the news keeps talking about the housing downturn. How often do you hear them characterize it correctly as the popping of the bubble? Almost never. But it isn’t a downturn. It isn’t a relentless slide. Those terms imply this came from outer space with no prior cause. It is a correction. The bad thing was the run up. Why doesn’t the WSJ say “The aftermath of the relentless run up in home prices…”?
