Across the US, similar salesmanship - masquerading as journalism - can be found in money-hemorrhaging publications, kept on life-support by brokers’ ad revenue. Reading the LA Times most e-mailed article this week, it’s difficult to imagine the infusion of real-estate cash not holding editorial sway. "[P]ent-up demand in traditionally stable or chic areas have kept prices up — not as high as the market’s peak, but not nearly as low as they feared," the broker-sourced piece gushes, bending over backwards to assure readers that - contrary to popular belief - the sky hasn’t fallen . . .
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