OK... I admit Im a news junkie, I turn the TV from CNN, FOX news, ABC news, CBS news, back to NBC news, sometimes I watch other stuff too ... like CSI Miami, but the tv is background noise for me, and I flip channels here and there... meantime I get alot of information from various viewpoints.
This morning while listening, I rarely watch it, I heard an analysts speaking about the houseing market, OK, we know the media rarely has good news about the housing market, but this segment was fairly positive, until the anaylyst stated, well if you are buying a $200,000 house or an $800,000 house the $8000 tax credit is sure to be helpful.
HUH, then I did turn around and look, because we have all blogged our hearts out about the $8,000 tax credit being a bonus, a good thing for a first time home buyer, but never have I been able to figure out how someone with an income of $75,000 can buy an $800,000 house. Maybe I'm missing something here? Can someone explain this to me?
Just another example of people getting the story from someone who doesn't know or realize or understand the whole picture. Making misunderstanding and confusing statements to the buying public is not good journalism. (Even if they thought they were doing us a favor). Don't muddy the waters, don't misrepresent the facts just to make it sound good, because somewhere someone is going to have to try to explain away your error. After all, we heard it on the news. (bytheway, I heard it on CNN
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