John Gruber, talking about something completely different (a rumour Microsoft CEO Steve Balmer was due to speak at an upcoming Apple event) says something I’ve thought myself over the years about the property market:

It never ceases to amaze me the sort of crazy speculative bullshit people will take at face value if it’s attributed to someone whose job title is “analyst”. After following this stuff for so many years, I find that information from “analysts” is generally less credible than average.

You tell it, brother!