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Real estate recovery delusions

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Richard Martin - The Wake Up Call

As usual, the media flim flam artists are trying to stampede the unwary into joining the "housing recovery".

There's just one problem.

It's a delusion as Richard Martin's cold appraisal of the numbers shows beyond the shadow of a rational doubt.

If you're buying to "flip", you may well be burned and badly.

The bottom of this market is still a long way off.