Hopes are raised, why not fears?

Katerine Chalkidou (“Don’t Raise Fears -- Quell Them,” Letters, Feb. 3) complains about the “sensationalism” of comparing today’s real estate prices to those of a year ago, which she feels frightens people into feeling that things are getting “horribly worse every day,” with the end result being a recession.

I wonder how often Chalkidou, a real estate agent, complained about the sensationalism of reporting on rising prices during the previous few years, before the market’s recent turnaround. It was this unsustainable run-up in prices that inevitably led to the bubble recently busting, but one seldom hears those in the industry complaining about prices rising too rapidly or reporting on such a rapid rise.

Ed Schoch

Westchester