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Some Bloggers are Pushing a Market Collapse

hope | 20 February, 2009 16:57

I love blogging, its one of the coolest activities I can do while relaxing on the couch with a good glass of wine. Rather than watching mind numbing TV or worrying about work, I can write, develop my thoughts, and get things off my chest. Its ultra cathartic.

Reading blogs is lots of fun too. There is something that I opined when I read a certain blog related to the housing market colapse: This blogger and many of these people that write about housing, are renters

I just finished reading a very popular blog that seems to be promoted well. I was disappointed to read that this particular "real estate housing crash" blogger was a renter and that he couldn't afford a home. It seems this blogger let his hair down a little too much when he said that he can't wait for houses to be more affordable because he was tired of renting a matchbox apartment and was visiting open houses.

He was shopping for a house but wanted to buy it his way- 50% off. Probably so he could make a little upside cash also just like all the speculators he writes about. I didn't get the feeling he really cared about the state of the economy as much as he was concerned about what was in it for him- sad little man.

The moral of the story? Even the worst "housing crash bloggers" want to own a home.

 

 

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