"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Wednesday, April 23, 2014

Housing Slop

Bloomberg was just talking about a "housing rebound".

Private Owned Housing Unit Starts are shit and so are New Single Family Home Sales.

We're far from a "recovery" especially given the absolutely crippling financial situation of the next generation that is begging the government for student debt loan forgiveness.

From WSJ via Zero Hedge:

Housing From Zack's Research: