I was at Mission Beach tonight, when Channel 10 weatherman was recording. When he was done, I talked to him about doing a story on the housing bubble. He told me his wife is a broker, and we discussed the problem with the media reporting the median (which doesn’t accurately reflect what’s going on with pricing), and seller reluctance to lower their prices.
I told him that the show needs to do a story about what is really going on with prices, and educate sellers, so they can lower their prices and increase sales. He understands what’s going on out there, since his wife is in the business. He agreed that the news stories done could be better.
He said he would discuss doing a story, with the newsroom when he got back.
Any chance some other people could contact Channel 10, or other news stations, and ask for honest accurate reporting of the housing bubble?
I recognized the man, but don’t remember his name. I don’t watch TV too much, since I spend all my waking hours on piggington.com (hahahaha).
His wife does sell a lot of high-dollar homes in the Encinitas area, which is also where they live. There was s tory a while back that the chopper pilot/traffic reporter for one of the news stations quit for a while to try his hand at selling real estate. However, he’s back on the air now so maybe that didn’t work out for him.
Rented some jet skis with the family at Dana Landing…really cool place. You can rent bikes too and pedal around the bay. What caught my attention is how few tourists I encountered there, and at the fish diner by Seaforths. Where are all the tourists? My husband’s so cool to put up with me and my housing bubble stuff… Oh, and while on the topic of well-known people (weatherman), I caught this blurb over at VoiceofSanDiego:
“Chris Thornberg, the charismatic, outspoken go-to-guy at the University of California, Los Angeles Anderson Forecast, will be leaving the university at the end of the month.
Thornberg is leaving the well-respected team of economists to start his own company, Beacon Economics.”
I wonder if he will become more outspoken about the demise of the housing bubble, when disconnected from the UCLA group. Probably not.
.
