Tuesday, September 26, 2006

OC Register - "Housing's real problem: The media?" (9-26-06)

"O.C. broker/economist Gary "Up 15% in '06" Watts has a fresh housing outlook on his Web site. One thing's missing, a forecast for home prices for '07."

"'Newspapers are losing subscribers and television is losing viewers. Consultants have advised them that if they want to hold their viewers’ or readers’ attention, they have no alternative but to portray fearful impending events and instill anxiety in their audiences! This raw emotion will help to keep people tuning in, thus possibly preserving precious advertising dollars.'"

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