"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Las Vegas Housing: 8% Of Single Family Homes Vacant, Yet New Construction Permits Up 50%
Submitted by Melinda L. Secor on Sun, 2013-05-05 01:00
"If there is any market that demonstrates the complete and total misallocation of capital that results from Banana Ben Bernanke’s money printing and artificially low interest rate policy, it the latest phony American housing bubble."
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