Crisis? What Crisis?

Written by David Frum on Saturday June 25, 2011

Out of the mouths of real estate agents: A Washington property broker may have inadvertently provided an explanation for why lawmakers have their fiscal priorities wrong.

Why Washington focuses on deficits and ignores the economic crisis, in one sentence. From today's Washington Post real estate section:

“I have had a hard time convincing out-of-state buyers who want to purchase foreclosures that there are only so many to choose from,” [real estate broker Valerie] Blake said. “They want to find the ones in Georgetown — of which there are none, of course.”

Category: News