Truth about housing

In a move that will be long remembered for its foolishness, many claim the severe recession is over. I predicted that in the future I saw green pools and overgrown lawns. The so called "economic recovery" is not real. Things are getting worse. Banks cannot sell houses they foreclosed on. Future homes sales will be even worse.

Those who claim that all is fine do not understand that the unemployment rate is at record 9%, a 25-year high and climbing. At this rate more banks will fail and I predict it shall go over 10%.