09-11-2006, 04:00 AM
quote:
But at what cost,if the housing market continues tank, our overall economy in Hawaii (and nationwide is going to suffer). As those related industries that support housing, like construction, and real estate are going to be profoundly affected. It irritates me greatly that these "analysts" or "doomsayers" fail to see the huge human factor in the effects of their prognostications.
You seem to think that what these analysts and "doomsayers" say is actually causing the decline by scaring people. I think they are just reporting the truth and their prognosticastions have no effect. Would rather hear the biased opionions of people like Rabi? Sure the whole economy will suffer greatly if the real estate market tanks but you're putting the blame on the wrong people. The analysts are not causing the decline by reporting on it.