Real estate coverage too upbeat

Orange County Register columnist Jon Lansner, who writes about the local real estate market, asked his readers whether coverage of the market was too upbeat, about right, or too negative.

Here are the results, and some reader comments:

Here are the results from 590 votes cast in what’s an unscientific sample of public sentiment:

34.2 percent: Far too upbeat

21.2 percent: Bit too upbeat

22.0 percent: Balanced

8.6 percent: Bit too downcast

13.9 percent: Far too downcast

READER COMMENTS

• “Oh, please … the media, in particular this newspaper was a huge cheerleader for this industry the last five years. I hold the media responsible, in particular the business media, for not doing a better job in reporting the history of asset bubbles while this ponzi scheme was roaring on.”
• “Bloggers (and depending on who you read) have definitely become a useful alternative resource to mainstream media – buyer beware of course.”
• “The smart money has always been and will continue to be in real estate. In several years, you will realize how low 2007 prices are.”