Hindsight is always 20/20

Isn't starting a blog off with a cliche such a cliche?  Well - yes.  But sometimes these cliche's hold water!  Another cliche - I should really stop! So, as you know, the market conditions for condos aren't good, on a whole.  Yes there are some pockets of good real estate investments in the US now but the majority of markets are declining and have been for some time.  Very seldom do we hear about those firms aka vulture funds that are gobbling up (get it ) tons of declining real estate all of the country.  I mean, fox news (I won't capitalize them because I don't particulary like anything on that channel), CNN, and other news channels can only give the a quick 2-minute doom and gloom report and we all know - well, people with some sort of intelligence - that the news doesn't always give the most accurate and detailed stories.  So why aren't there more news stories about entreprenuers who are going to profit off this declining market?  No one will watch them and if they do, they will become cynical.  You see, the media plays such a huge role in our lives - ie, a lot of what we know is based around us sitting on our (explative) and watching a box.  That's how, I would say, 90% of our country gets their information.  And the more stories a news channel runs about doom and gloom, the longer the viewer will watch.  It's basic psychology.  I would love to see a study run where a news company ran nothing but positive news about something - real estate, cell phones, and etc and see how the public adapts to it.  I wonder what would happen if CNN started talking about all the money people are making from buying foreclosures in this market?  If they never ran another negative story about the real estate market, would people start to think the market is on a rebound? Would people start buying new condos and homes again?  I wonder.