No rescue in sight for the worst housing market in 40 years

How do you sum up the fact that we are facing the worst housing market in 40 years?  Well, you could throw out a cliche image like this life-preserver one:

20071226-House-Life-Preserver-Money-Magazine-200712

The real problem with this illustration is that it seems to be saying that the market is staying afloat.  Maybe it’s time to let it sink.  How are we going to recover otherwise?

This image is very similar to the breast cancer magazine photo with the pink life-preserver, but the intended messages are different.  This illustration is from Money magazine’s December 2007 issue.

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Posted on December 26, 2007
Filed Under Business and Commerce, Real Estate, Ships, Yachts, and Boats |

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