Comments on: Seattle "Under-Condo’ed" – Not For Long http://seattlebubble.com/blog/2005/11/14/seattle-under-condoed-not-for-long/ local real estate news, statistics, and commentary without the sales spin. Tue, 16 Mar 2010 17:33:08 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Seattle 2010 = Vancouver, BC 2.0? | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.http://seattlebubble.com/blog/2005/11/14/seattle-under-condoed-not-for-long/#comment-67788 Seattle 2010 = Vancouver, BC 2.0? | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. Fri, 06 Mar 2009 02:14:36 +0000 http://seattlebubble.com/blog/?p=84#comment-67788 [...] If you’ve been with this blog for a while, you may recall way back in November when we compared Seattle to our neighbor to the north, Vancouver, BC. Specifically, we discussed condos, and the fact that many people feel that Seattle doesn’t [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('67788','Seattle 2010 = Vancouver, BC 2.0? | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('67788','Seattle 2010 = Vancouver, BC 2.0? | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.','[...] If you’ve been with this blog for a while, you may recall way back in November when we compared Seattle to our neighbor to the north, Vancouver, BC. Specifically, we discussed condos, and the fact that many people feel that Seattle doesn’t [...]',''); return false;">Quote</a></div> [...] If you’ve been with this blog for a while, you may recall way back in November when we compared Seattle to our neighbor to the north, Vancouver, BC. Specifically, we discussed condos, and the fact that many people feel that Seattle doesn’t [...]
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]]> By: Anonymoushttp://seattlebubble.com/blog/2005/11/14/seattle-under-condoed-not-for-long/#comment-167 Anonymous Tue, 15 Nov 2005 17:26:28 +0000 http://seattlebubble.com/blog/?p=84#comment-167 <i>10 now own two homes in the Redmond area strictly as investment properties</i><br/><br/>So...Seattle is just like everywhere else on the Pacific coast! For every home "investment", there's one less home for a family. But, nothing to fear...no bubble here!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('167','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('167','Anonymous','<i>10 now own two homes in the Redmond area strictly as investment properties<\/i><br\/><br\/>So...Seattle is just like everywhere else on the Pacific coast! For every home \"investment\", there\'s one less home for a family. But, nothing to fear...no bubble here!',''); return false;">Quote</a></div> 10 now own two homes in the Redmond area strictly as investment properties

So…Seattle is just like everywhere else on the Pacific coast! For every home “investment”, there’s one less home for a family. But, nothing to fear…no bubble here!

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]]> By: meshugyhttp://seattlebubble.com/blog/2005/11/14/seattle-under-condoed-not-for-long/#comment-166 meshugy Tue, 15 Nov 2005 17:19:08 +0000 http://seattlebubble.com/blog/?p=84#comment-166 It's bound to happen...when I first moved to Seattle I noticed that it had pretty low density for a major city. As the city grows that has to change, or everyone will be commuting from N.Bend!<br/><br/>Ballard is also getting tons of condos...three major developments under way...must be 500 or more units!<br/><br/>I'm glad I got a house....<br/><br/>'m<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('166','meshugy',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('166','meshugy','It\'s bound to happen...when I first moved to Seattle I noticed that it had pretty low density for a major city. As the city grows that has to change, or everyone will be commuting from N.Bend!<br\/><br\/>Ballard is also getting tons of condos...three major developments under way...must be 500 or more units!<br\/><br\/>I\'m glad I got a house....<br\/><br\/>\'m',''); return false;">Quote</a></div> It’s bound to happen…when I first moved to Seattle I noticed that it had pretty low density for a major city. As the city grows that has to change, or everyone will be commuting from N.Bend!

Ballard is also getting tons of condos…three major developments under way…must be 500 or more units!

I’m glad I got a house….

‘m

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]]> By: Anonymoushttp://seattlebubble.com/blog/2005/11/14/seattle-under-condoed-not-for-long/#comment-165 Anonymous Tue, 15 Nov 2005 08:10:39 +0000 http://seattlebubble.com/blog/?p=84#comment-165 I'd just like to say, "Finally! A Bubble Blog about Seattle".<br/><br/>Along with all of the younger workers relocating here to work in the tech industry is an unbelievable amount of naivite and denial. Of the 45 guys I work with at a local game company, 10 now own two homes in the Redmond area strictly as investment properties. All of them purchased these homes in the past 6 to 9 months. None of them are making as much as I am, and none of them could afford them without ARMs. Youth may bring opportunity but it also brings foolishness. This is going to be ugly<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('165','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('165','Anonymous','I\'d just like to say, \"Finally! A Bubble Blog about Seattle\".<br\/><br\/>Along with all of the younger workers relocating here to work in the tech industry is an unbelievable amount of naivite and denial. Of the 45 guys I work with at a local game company, 10 now own two homes in the Redmond area strictly as investment properties. All of them purchased these homes in the past 6 to 9 months. None of them are making as much as I am, and none of them could afford them without ARMs. Youth may bring opportunity but it also brings foolishness. This is going to be ugly',''); return false;">Quote</a></div> I’d just like to say, “Finally! A Bubble Blog about Seattle”.

Along with all of the younger workers relocating here to work in the tech industry is an unbelievable amount of naivite and denial. Of the 45 guys I work with at a local game company, 10 now own two homes in the Redmond area strictly as investment properties. All of them purchased these homes in the past 6 to 9 months. None of them are making as much as I am, and none of them could afford them without ARMs. Youth may bring opportunity but it also brings foolishness. This is going to be ugly

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