Saturday, January 19, 2008

On The Housing Bubble

Sometimes, the fact that everyone seems to be doing something is reason enough not to do it yourself.
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2 comments:

  1. blakeJanuary 20, 2008 at 12:06 AM

    It was absolutely insane, IMO. And I said that from the moment that the cheapest real estate here started going for $400K-$500K.

    Who can afford that? People obviously make a go of it, but I don't see how you can run an economy when people are putting 2/3rds of their income in to mortgage payments.

    I write this assuming you actually thought my one sentence post was interesting and aren't just trolling for "brokerforyou.com".

    ReplyDelete
  2. blakeJanuary 20, 2008 at 12:06 AM

    Which, frankly, seems unlikely.

    But I guess I should be excited the spambots have found me.

    ReplyDelete

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