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PurityOfEssence (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:36 PM Original message |
Hey, let's talk HOUSING BUBBLE |
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LisaM (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:38 PM Original message |
First of all, who can afford it, and second of all |
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politicaholic (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:45 PM Response to Original message |
8. I live in Seattle also, Belltown in fact... |
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LisaM (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:00 PM Response to Reply #8 |
14. I know. It's tricky because for my sake I wouldl love values to drop |
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Book Lover (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:38 PM Response to Original message |
1. Well, I'm in the SFBA, so it's insane |
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texanwitch (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:01 PM Response to Reply #1 |
15. You just described the townhouses being built in Houston, |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:21 PM Response to Reply #15 |
32. Houston is way too overdeveloped...again. |
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Sparkle (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:45 PM Response to Reply #15 |
38. I'm in the Houston area also. |
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texanwitch (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:31 PM Response to Reply #15 |
48. this for anyone planning on buying a house in Houston inside the 610 Loop |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:07 PM Response to Reply #1 |
16. For only 750K? Where? |
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earth mom (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 10:15 AM Response to Reply #16 |
71. The San Fernando Valley Quake in the early 90s caused |
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democracyindanger (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:38 PM Response to Original message |
2. San Francisco. |
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Demobrat (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:44 PM Response to Reply #2 |
7. Don't hold your breath. |
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democracyindanger (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:47 PM Response to Reply #7 |
11. But my plan is |
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Extend a Hand (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:41 PM Response to Original message |
3. geez |
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Jo March (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:36 AM Response to Reply #3 |
80. I live outside of charlotte, nc |
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leftchick (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:43 PM Response to Original message |
4. I have been amazed at the California housing prices |
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Extend a Hand (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:12 PM Response to Reply #4 |
84. wahoo! |
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oasis (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:43 PM Response to Original message |
5. Less charming property in your area (near Queen of Angels) has gone up |
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jedr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:44 PM Response to Original message |
6. less than 100K . in rural Pa.....n/t |
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Eurobabe (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:45 PM Response to Original message |
9. It's not any better on the East Coast |
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The_Casual_Observer (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:47 PM Response to Original message |
10. What I want to know is, does everybody make 200,000+ a year |
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Phoebe Loosinhouse (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:20 PM Response to Reply #10 |
31. You've touched on the critical link |
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rzemanfl (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:51 PM Response to Original message |
12. Someday real soon a slum with broken windows, sagging floors |
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shanti (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:23 AM Response to Reply #12 |
78. that sounds |
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DemocracyInaction (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 06:56 PM Response to Original message |
13. That's cheap---in a very relative type of way |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:03 PM Response to Reply #13 |
22. The Portland (ME) market is due for a very hard fall |
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Moxygirl (36 posts) Send PM | Profile | Ignore | Thu May-12-05 07:11 PM Response to Original message |
17. Here in Bradenton FL |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:23 PM Response to Reply #17 |
33. 45% appreciation rates? That IS insane! |
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newyawker99 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:31 AM Response to Reply #17 |
62. Hi Moxygirl!! |
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aint_no_life_nowhere (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:17 PM Response to Original message |
18. I live in Orange County, California |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:48 PM Response to Original message |
19. First-time buyers increasingly closed out of Phoenix market |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:49 PM Response to Original message |
20. Houses in New Mexico are still fairly cheap, even here in the city, |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 07:51 PM Response to Original message |
21. We live in SW Washington on 3 acres. |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:39 PM Response to Reply #21 |
37. Price per sq ft |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:31 PM Response to Reply #37 |
57. Thanks for the info. I didn't know about such things. |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:05 AM Response to Reply #57 |
74. Sure! |
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dcfirefighter (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:11 PM Response to Original message |
23. Land values and depressions |
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alittlelark (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:11 PM Response to Original message |
24. We started a minor facelift on our Los Altos, CA home |
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SlavesandBulldozers (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:17 PM Response to Original message |
25. Orlando is ridiculous |
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tinrobot (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:39 PM Response to Original message |
26. Over $500k in equity over the past 7 years. |
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Nye Bevan (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 08:53 PM Response to Original message |
27. Real Estate now = Tech Stocks in 1999-2000 |
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yankeedem (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:00 PM Response to Reply #27 |
28. From your mouth to the creators ears |
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BlueStateBlue (470 posts) Send PM | Profile | Ignore | Thu May-12-05 09:18 PM Response to Reply #28 |
30. I completely agree |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:24 PM Response to Reply #27 |
34. Some places, yes. Others will continue to rise. |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:49 PM Response to Reply #27 |
39. In NYC? No way will values plummett that much |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:51 PM Response to Reply #39 |
41. I agree. |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:17 PM Response to Original message |
29. A bubble for some, yes...but for others not so. |
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Phoebe Loosinhouse (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:26 PM Response to Reply #29 |
35. How very strange that the very markets you cite as not being a bubble |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:37 PM Response to Reply #35 |
36. I believe that Dallas real estate has already dropped 10% |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:08 PM Response to Reply #36 |
44. Values in LA dropped 21% between 89-96 |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:18 PM Response to Reply #44 |
46. I was a homeowner in Los Angeles during that time. |
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PurityOfEssence (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 09:19 AM Response to Reply #46 |
70. You're right; it wasn't that bad |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 02:22 PM Response to Reply #70 |
89. Silver Lake and Mount Washington: The Swish Alps. |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 10:43 AM Response to Reply #36 |
72. What do you base your "dollar down 40% against the yen" on? |
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BlueStateBlue (470 posts) Send PM | Profile | Ignore | Thu May-12-05 09:56 PM Response to Reply #35 |
42. That's because it's DIFFERENT this time, silly! |
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tedzbear (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:11 PM Response to Reply #29 |
83. Vacancy rates low? Not for long! |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 02:32 PM Response to Reply #83 |
91. Vacancy rates and housing inventory are still at record lows. |
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jeffrey_X (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 03:02 PM Response to Reply #29 |
94. I think Chicago is safe... |
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ocean girl (488 posts) Send PM | Profile | Ignore | Thu May-12-05 09:51 PM Response to Original message |
40. Want to hear insane? |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:16 PM Response to Reply #40 |
45. Tell Donald |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 09:59 PM Response to Original message |
43. The generalization of the bubble needs to be looked at more closely |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:32 PM Response to Reply #43 |
49. 50% of the profit? |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:58 PM Response to Reply #49 |
52. Neither one of my sons ...... |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:07 PM Response to Reply #52 |
54. LOL! |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:35 PM Response to Reply #54 |
58. Our profit will likely be more than that. |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 10:54 AM Response to Reply #58 |
73. I'm not familiar with Baltimore |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:36 AM Response to Reply #73 |
79. Exactly! |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:23 PM Response to Original message |
47. Real Estate Tip? Palm Springs, California |
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ruggerson (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:44 PM Response to Reply #47 |
51. And it's 120 degrees at night in August |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 02:42 PM Response to Reply #51 |
92. It could be 150 degrees, but it is still a great investment. |
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siliconefreak (619 posts) Send PM | Profile | Ignore | Thu May-12-05 11:01 PM Response to Reply #47 |
53. still affordable? |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:20 PM Response to Reply #53 |
55. Yes, but as an investment... |
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wiggs (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:27 PM Response to Reply #55 |
56. I would have some concern about investing in a commuter area |
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ultraist (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:35 PM Response to Reply #56 |
59. I would market to retirees |
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David Zephyr (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 02:50 PM Response to Reply #59 |
93. Yep. |
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progressivebydesign (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:13 AM Response to Reply #47 |
76. My husband has a guaranteed, high paying job there.. |
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Media_Lies_Daily (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 10:36 PM Response to Original message |
50. When it blows, it's going to be major. |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Thu May-12-05 11:36 PM Response to Original message |
60. Anyone in Louisiana/Mississippi? |
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funkybutt (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:34 AM Response to Reply #60 |
63. I think you'll be able to find something pretty reasonable |
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tedoll78 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:37 AM Response to Reply #63 |
81. I'm probably.. |
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funkybutt (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:54 PM Response to Reply #81 |
88. you might want to talk to BOSSHOG about that |
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stickdog (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 01:31 AM Response to Original message |
61. You think "they" will let the middle classes keep that kind of money? |
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Dorian Gray (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:38 AM Response to Original message |
64. I'm in NYC... |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:40 AM Response to Original message |
65. I don't understand how any folks in these high house price areas |
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spooky3 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:23 PM Response to Reply #65 |
96. Here's how they (we) cope: |
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Bouncy Ball (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:41 AM Response to Original message |
66. We looked into moving to Portland, Oregon a couple of years back. |
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progressivebydesign (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:14 AM Response to Reply #66 |
77. Huh? Portland still remains very affordable... |
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MissB (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:40 AM Response to Reply #77 |
82. Portland isn't exactly affordable right now |
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spooky3 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:11 PM Response to Reply #82 |
95. What is the weather like in Portland? And is it a good place to retire? |
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MissB (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 09:24 PM Response to Reply #95 |
99. It is very mild, for the most part. |
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Mizmoon (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:56 AM Response to Original message |
67. Long Island - bought my house for $125,000 in 1994 |
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newportdadde (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 08:56 AM Response to Original message |
68. I live in a suburb of Kansas City in the past few years houses |
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enid602 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 09:14 AM Response to Original message |
69. Housing bubble? |
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progressivebydesign (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:10 AM Response to Original message |
75. Geez WHY are people pushing this every month? |
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PurityOfEssence (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:37 PM Response to Reply #75 |
85. Incredulity perhaps? |
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dcfirefighter (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:50 PM Response to Reply #85 |
87. That's the problem |
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triguy46 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 12:47 PM Response to Original message |
86. Great plains reality check |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 02:27 PM Response to Original message |
90. Hey P of E, we are neighbors! |
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OxQQme (694 posts) Send PM | Profile | Ignore | Fri May-13-05 09:04 PM Response to Reply #90 |
97. So, if you're a middle income family |
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PurityOfEssence (1000+ posts) Send PM | Profile | Ignore | Sat May-14-05 01:38 AM Response to Reply #90 |
101. Howdy |
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sendero (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 09:18 PM Response to Original message |
98. I believe... |
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enid602 (1000+ posts) Send PM | Profile | Ignore | Fri May-13-05 11:57 PM Response to Reply #98 |
100. bubble |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 06:27 AM Response to Original message |
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