lehmans buys bhp shares, page-29

re: 182 buyers at 25 Mate i will be honest with you.You don't know what you are talking about.First you said housing won't make a difference now you say its not going to slow down.So are you now saying housing will make a difference.

From the WSJ

The housing correction is just in its early stages now," said Joseph Carson of AllianceBernstein, who forecast a 5% decline for 2007. "Existing home prices have come down to no-change on a year-to-year basis. For new homes, prices are below year-ago levels when you include added features. The prices will have to go lower to give demand a lift in short term."

Mr. Carson expects broad-based difficulties throughout the nation. "Affordability is an issue across the board," he said, adding he believes a major correction is inevitable. "It's pretty clear now that national home prices will drop to correct housing imbalances," said Scott Anderson of Wells Fargo & Co.