State of Denial

by Richard Florida

Real estate got just about everyone into trouble in Phoenix, and the thinking seems to be that real estate is going to get everyone out.

A real estate "frenzy" is apparently developing there, the NYT reports, as bottom feeders gobble up mass foreclosures.

It`s not just Phoenix I fear, it's our national mind-set writ large.

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan