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.
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 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.
ReplyDeletehttp://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.
ReplyDeleteI think it is funny how the term retro chic is getting thrown around these days. (As touted in the Bellevue listing above)
ReplyDeleteWhenever 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
ReplyDeletesil‧li‧ness, noun
—Synonyms 1. witless, senseless, dull-witted, dim-witted. See foolish. 2. inane, asinine, nonsensical, preposterous.
—Antonyms 1. sensible.