The Housing Chronicles Blog: "'Twas the Night Before FY"

Thursday, January 1, 2009

"'Twas the Night Before FY"

From, an ode to Fix Housing First definitely worthy of a read for the holidays:

‘Twas the night before FY, we’re now at the bar.
Our guidance is dreadful; we’re no NVR.
And fresh off a WebEx with dame Ivy Z,
We’ve spun metrics, pro formas, even fibbed a degree.

First-time buyers are mirages, our banks are a mess,
And privates are all creaking with signs of distress.
The free-markets free-fall, the jobless claims mount,
FCF’s but a trickle, backlog’s down for the count...

Click here for full poem.

No comments: