Just a quick note to point out that Seattle’s riverside neighbor to the south—Portland—has its own housing bubble blog: Portland Housing Blog.
Drop on by and leave Clint a comment or two.
New Housing Bubble Blog: Portland
Posted by The Tim on May 17th, 2007 at 9:03 AM · 5 Comments
Categories: Uncategorized
Tags: bubble_blogs
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5 responses so far ↓
1
N-FO
// May 17, 2007 at 10:43 am
late to the party…
Excerpt, Barron’s Online May 17, 2007.
Buffett declares Housing Bust Over, Time to get back into Real Esate.
Housing bust? I think not says the most influential value investor in U.S. history. “I think the housing bubble is the most overdone non event of this century, the exact opposite of what I thought during the dot com boom. The media has scared the wits out of people” claims the oracle of Omaha in a rare interview with CNBC’s Maria Bartiromo on Wednesday at the Friar’s Club of Manhattan. “I’m a value oriented investor and I like tangible assets, and I don’t see what all the fuss is about. For most people, their house is the best investment they will make in their life. In my humble opinion, now is as good of time as any for the typical American to invest in a home if they want to, interest rates are near all time lows, and there are some great values out there.”……..
http://drbrightside.blogspot.com/
2
optioned unarmed
// May 17, 2007 at 4:57 pm
Funny, I think those quotes must be fake because on May 7, 2007, Buffett said the housing market was in sick, sick shape:
http://tinyurl.com/2g2fru
OR
http://money.cnn.com/2007/05/05/news/newsmakers/buffett/index.htm?section=money_topstories
But Buffett had a decidedly different view about the housing market. He said too many homes were bought by people carrying mortgages with little or no money down who then hoped to flip them quickly for a profit. “The housing market is sick and it’s going to stay sick for a couple of years” he opined.
3
Terry
// May 17, 2007 at 8:21 pm
n-fo
I suggest you cut back on the medications. Along with links / comments provided by optioned unarmed, this is what Warren Buffet really said recently:
…Buffett said Berkshire units related to home construction have been hurt by a housing slump in the U.S. economy he expects to continue for “quite a while…..
link
Also your link doesn’t seem to work. It takes you to some Dr. Happy Talk B.S. thing …..
n-fo = info?
4
Puget Sounder
// May 18, 2007 at 12:00 pm
I just googled the Buffett article’s title, and got the following:
1 result.
Seattle Bubble Blog — certainly not Barron’s.
Liar.
5
Ravenor
// May 23, 2007 at 7:57 am
You might be interested in what’s happened with Columbia Sportswear and whether they will move their HQ back into the city of Portland or not. I blogged about Why Portland, OR economy is likely to stagnate for a while based on a story that appeared in the Oregonian yesterday about why Columbia moved their HQ out to Washington County a few years ago. Needless to say, demand for housing has is related to economic growth. My impression is that historically Portland city leadership has been more anti-business than Seattle’s leaders.
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