Comments on: Even Mount Vernon is Overheated http://seattlebubble.com/blog/2005/08/10/even-mount-vernon-is-overheated/ local real estate news, statistics, and commentary without the sales spin. Sat, 20 Mar 2010 07:48:56 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Anonymoushttp://seattlebubble.com/blog/2005/08/10/even-mount-vernon-is-overheated/#comment-10 Anonymous Fri, 12 Aug 2005 17:49:15 +0000 http://seattlebubble.com/blog/?p=12#comment-10 Tim,<br/><br/>That's pretty cool that you started a blog on this topic for Seattle. I found you on Ben Jone's blog.<br/><br/>I've been looking for investment RE around N. Seattle/S. Snohomish Cty. and can't believe how ridiculous the prices are. By my calculations (based on rents) anywhere from 25 to 50 percent over-priced.<br/><br/>I own my house out right so I wanted to buy a rental so I could itemize on my tax return. Guess it's better to wait...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('10','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('10','Anonymous','Tim,<br\/><br\/>That\'s pretty cool that you started a blog on this topic for Seattle. I found you on Ben Jone\'s blog.<br\/><br\/>I\'ve been looking for investment RE around N. Seattle\/S. Snohomish Cty. and can\'t believe how ridiculous the prices are. By my calculations (based on rents) anywhere from 25 to 50 percent over-priced.<br\/><br\/>I own my house out right so I wanted to buy a rental so I could itemize on my tax return. Guess it\'s better to wait...',''); return false;">Quote</a></div> Tim,

That’s pretty cool that you started a blog on this topic for Seattle. I found you on Ben Jone’s blog.

I’ve been looking for investment RE around N. Seattle/S. Snohomish Cty. and can’t believe how ridiculous the prices are. By my calculations (based on rents) anywhere from 25 to 50 percent over-priced.

I own my house out right so I wanted to buy a rental so I could itemize on my tax return. Guess it’s better to wait…

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]]> By: Anonymoushttp://seattlebubble.com/blog/2005/08/10/even-mount-vernon-is-overheated/#comment-8 Anonymous Thu, 11 Aug 2005 14:28:02 +0000 http://seattlebubble.com/blog/?p=12#comment-8 This is especially depressing if these sprawl suburbs push out past the outlet malls and ruin forever the magnificent Skagit farmland. <br/><br/>OMG, have you seen the monstrous Levittowns they're building on the high flanks of Issaquah?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('8','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('8','Anonymous','This is especially depressing if these sprawl suburbs push out past the outlet malls and ruin forever the magnificent Skagit farmland. <br\/><br\/>OMG, have you seen the monstrous Levittowns they\'re building on the high flanks of Issaquah?',''); return false;">Quote</a></div> This is especially depressing if these sprawl suburbs push out past the outlet malls and ruin forever the magnificent Skagit farmland.

OMG, have you seen the monstrous Levittowns they’re building on the high flanks of Issaquah?

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]]> By: Anonymoushttp://seattlebubble.com/blog/2005/08/10/even-mount-vernon-is-overheated/#comment-7 Anonymous Thu, 11 Aug 2005 03:58:45 +0000 http://seattlebubble.com/blog/?p=12#comment-7 So now we've got a housing bubble stretching from Mt. Vernon to Olympia. <br/><br/>One can make an argument that they are running out of land in Seattle in part due to it's unique geography. If population growth is as fast as they project for Mt. Vernon then there's going to be a hell of a lot of long distance commuting going on. <br/><br/>If gas prices remain high and even rise it may put a damper on the commuting desire. <br/><br/>Me, I'm just waiting for this bubble to deflate.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('7','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('7','Anonymous','So now we\'ve got a housing bubble stretching from Mt. Vernon to Olympia. <br\/><br\/>One can make an argument that they are running out of land in Seattle in part due to it\'s unique geography. If population growth is as fast as they project for Mt. Vernon then there\'s going to be a hell of a lot of long distance commuting going on. <br\/><br\/>If gas prices remain high and even rise it may put a damper on the commuting desire. <br\/><br\/>Me, I\'m just waiting for this bubble to deflate.',''); return false;">Quote</a></div> So now we’ve got a housing bubble stretching from Mt. Vernon to Olympia.

One can make an argument that they are running out of land in Seattle in part due to it’s unique geography. If population growth is as fast as they project for Mt. Vernon then there’s going to be a hell of a lot of long distance commuting going on.

If gas prices remain high and even rise it may put a damper on the commuting desire.

Me, I’m just waiting for this bubble to deflate.

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