http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.aspAccording to Sudeep Reddy and Michael Corkery writing in The Wall Street Journal, "The housing market is going into a deeper chill, and consumers are starting to shiver." Other market segments that are closely, even loosely tied to housing constructionenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.asp#8837Fri, 28 Sep 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8837AnnetteAs a realtor for 16 years, it saddened me to see so many people suffering. But of course, what goes up must come down and hopefully, down won&#39;t keep going. The one ray of hope that I find in all of this maylay is that true professionals are gearing up for the battle. But the &#39;fly by night&#39; crowd, is leaving the fold! I disagree with the comments that &quot;Most people in trouble brought above their means!&quot; Some people are getting hit from the &#39;ripple&#39; effect. I know I feel as a Realtor. <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8837" width="1" height="1">http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.asp#8836Thu, 27 Sep 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8836joseThe inventory of existing homes was depleted as a result of the subprime lending creating an increase in property value 3 times what they were worth. If you lend 1000 to someone who earns 15 a year to purchase an overpriced property for the 1000 but that property is only worth 500, when will there be a correction if those individuals that purchased beyond their means start to default on the loans. Stop blaming the media. Be realistic. They are only exposing the facts. <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8836" width="1" height="1">http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.asp#8835Thu, 27 Sep 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8835reidyKen, an implosion IS what is needed for a correction. There is going to be a lot of housing related pain in the next few years and not because of the media. People like you are what fueled this mess. Step to the plate Mr. Buffet, fund loans for houses that people can&#39;t afford with the inevitable consequences. Brilliant!<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8835" width="1" height="1">http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.asp#8834Thu, 27 Sep 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8834Ken CookSales of soft drinks, fast food, and canned beer is likely suffering, too. The media has done a fine job of slaughtering about 35% of the nation&#39;s economy and getting the scaredy pants little investors to run from Wall Street screaming unintelligible combinations of vowels, consonants and grunts. The subprime industry should have *corrected* not *imploded*. There are still viable non-conforming deals on the market and some hero will make billions by stepping to the plate. BILLIONS. Mr. Buffet?<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8834" width="1" height="1">http://www.mortgagenewsdaily.com/9262007_Homebuilders_Struggle.asp#8833Thu, 27 Sep 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8833SidIf this were a baseball game it would be about the top of the 3rd, (extra innings?) <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8833" width="1" height="1">