New Housing Bubble Blog: Portland
Just a quick note to point out that Seattle's riverside neighbor to the south—Portland—has its own housing bubble blog: Portland Housing Blog.
Drop on by and leave Clint a comment or two.
Off-topic comment? Interesting link?
Head over to the forums, or click here for open threads.
Head over to the forums, or click here for open threads.
4 comments:
late to the party...
Excerpt, Barron's Online May 17, 2007.
Buffett declares Housing Bust Over, Time to get back into Real Esate.
Housing bust? I think not says the most influential value investor in U.S. history. "I think the housing bubble is the most overdone non event of this century, the exact opposite of what I thought during the dot com boom. The media has scared the wits out of people" claims the oracle of Omaha in a rare interview with CNBC's Maria Bartiromo on Wednesday at the Friar's Club of Manhattan. "I'm a value oriented investor and I like tangible assets, and I don't see what all the fuss is about. For most people, their house is the best investment they will make in their life. In my humble opinion, now is as good of time as any for the typical American to invest in a home if they want to, interest rates are near all time lows, and there are some great values out there."........
http://drbrightside.blogspot.com/
Funny, I think those quotes must be fake because on May 7, 2007, Buffett said the housing market was in sick, sick shape:
http://tinyurl.com/2g2fru
OR
http://money.cnn.com/2007/05/05/news/newsmakers/buffett/index.htm?section=money_topstories
But Buffett had a decidedly different view about the housing market. He said too many homes were bought by people carrying mortgages with little or no money down who then hoped to flip them quickly for a profit. "The housing market is sick and it's going to stay sick for a couple of years" he opined.
n-fo
I suggest you cut back on the medications. Along with links / comments provided by optioned unarmed, this is what Warren Buffet really said recently:
...Buffett said Berkshire units related to home construction have been hurt by a housing slump in the U.S. economy he expects to continue for ``quite a while…..
link
Also your link doesn’t seem to work. It takes you to some Dr. Happy Talk B.S. thing …..
n-fo = info?
I just googled the Buffett article's title, and got the following:
1 result.
Seattle Bubble Blog -- certainly not Barron's.
Liar.
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