I love the sulky remark in that article by the HIA Senior Economist:
"Softer demand is part of the story and the dizzy heights sometimes reached in speculation regarding a fictitious housing bubble in Australia certainly doesn't do anything for home building confidence," Mr Dale said."
Vacuous spruiker phrases identified:
- "softer demand" (I swear this is the favourite term of property bulls in denial. I rarely see a housing article without the word "soft" in it now).
- "fictitious housing bubble" (because if you are a HIA economist and you call it fictitious it becomes fictitious?)
- "talk of the housing bubble is destroying confidence" (now that one is a pearler. He is going further than the bulls on this forum and accusing the bears with all their bearish commentary of making the market fall!!!).
What's next?
"The bearish commentary by people with vested interests is destroying our nation" (now that would be irony!!)
