Thursday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
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News and discussion about real estate & the housing bubble, specifically as it pertains to the Seattle area.
This is your open thread for today. Please post random links and off-topic discussions here.
Just some guy, living and letting live.
4 comments:
I was just browsing the archives of the Seattle Times real estate section, and found this article from 2000 with headline, "Will the bubble burst?" Though it focuses more on high-end properties (the kind that dot-com millionaires were buying), it asks a lot of the same questions people are asking now.
http://tinyurl.com/pclgl
Another for sale sign went up today on my route home from work (residential Redmond/Bellevue). For those keeping score, that's now 9 houses for sale in 3 miles, not including the new subdivion of McManions being built on spec. And one new "for rent" sign.
I think it is funny how the term retro chic is getting thrown around these days. (As touted in the Bellevue listing above)
Whenever I see that, my mind superimposes frosted turd. Sometimes this silliness convinces me of a bubble more than the data itself.
sil‧li‧ly, adverb
sil‧li‧ness, noun
—Synonyms 1. witless, senseless, dull-witted, dim-witted. See foolish. 2. inane, asinine, nonsensical, preposterous.
—Antonyms 1. sensible.
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