http://archive2.mrc.org/taxonomy/term/18659/all en http://archive2.mrc.org/media-myths/media-myths-housing-bubble-bursting <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/noel-sheppard">Noel Sheppard</a> </div> </div> </div> <p>Media claims about a “housing bubble” are nothing new. Since before the 9/11 terror attacks, the media have been calling the housing market a “bubble” while predicting an imminent, devastating decline. Not only have they been wrong in forecasting such a top, they have thoroughly mischaracterized what an investment bubble is. Now that the market for homes has finally slowed a bit, the media are declaring the bubble has burst.</p> <br /> <p><img src="http://old.businessandmedia.org/specialreports/2005/mediamyths/graph1130.gif" border="0" alt="" /></p><p><a href="http://archive2.mrc.org/media-myths/media-myths-housing-bubble-bursting" target="_blank">read more</a></p> Media Myths MRC Business 2001 2002 2004 2005 alan average boom bubble business chairman Decline economic ended estate existing federal greenspan home housing increase market median million months national october percent price prices quarter rates report reported reports reserve sales strong Today USA year years Thu, 01 Dec 2005 02:49:00 +0000 admin 30100 at http://archive2.mrc.org