Comments on: The Human Side of a Condo Conversion http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/ News & discussion about real estate & the housing bubble in the Seattle area. Sat, 21 Nov 2009 07:32:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: WestSideBilly http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33355 WestSideBilly Sun, 16 Dec 2007 09:58:30 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33355 jon... you do realize that's an entirely satirical blog entry?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33355','WestSideBilly',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33355','WestSideBilly','jon... you do realize that\'s an entirely satirical blog entry?',''); return false;">Quote</a></div> jon… you do realize that’s an entirely satirical blog entry?
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]]> By: jon http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33339 jon Sun, 16 Dec 2007 01:54:23 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33339 Here's another tragic case of a family caught in the bubble: http://iowahawk.typepad.com/iowahawk/2007/12/please-dont-des.html<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33339','jon',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33339','jon','Here\'s another tragic case of a family caught in the bubble:\r\n\r\nhttp:\/\/iowahawk.typepad.com\/iowahawk\/2007\/12\/please-dont-des.html',''); return false;">Quote</a></div> Here’s another tragic case of a family caught in the bubble:

http://iowahawk.typepad.com/iowahawk/2007/12/please-dont-des.html

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]]> By: Gary http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33312 Gary Sat, 15 Dec 2007 16:12:31 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33312 This thing will all shake out and the market will re-allot rent levels and which condos should be re-partmented but there will be a lot of unnecessary suffering in the process. We recently moved up from Portland and watched the market for a year and half before buying. We'd expected prices to go down for a long time and when the price reductions and the deal we got met an equilibrium with our desire to get out of an apartment we bought. So I speak from a now less biased view when I say that Washington state needs better tenant protection laws. I'm a conservative. Washington seems to be run of, by and for the wealthy - surprising in such a liberal state. Housing prices here would probably come down more quickly if rents were lower but there is so much vacant space out there waiting to be sold that we have a pincer effect between home prices and rents. Ultimately, we need far better economics educations in high schools and colleges so people have a better understanding of what's going on and can make better individual decisions, which are ultimately what drive the market. Then maybe we'll be less prone to such bubbles. The bottom line is that the housing frenzy never made economic sense.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33312','Gary',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33312','Gary','This thing will all shake out and the market will re-allot rent levels and which condos should be re-partmented but there will be a lot of unnecessary suffering in the process. We recently moved up from Portland and watched the market for a year and half before buying. We\'d expected prices to go down for a long time and when the price reductions and the deal we got met an equilibrium with our desire to get out of an apartment we bought. So I speak from a now less biased view when I say that Washington state needs better tenant protection laws. I\'m a conservative. Washington seems to be run of, by and for the wealthy - surprising in such a liberal state. Housing prices here would probably come down more quickly if rents were lower but there is so much vacant space out there waiting to be sold that we have a pincer effect between home prices and rents. Ultimately, we need far better economics educations in high schools and colleges so people have a better understanding of what\'s going on and can make better individual decisions, which are ultimately what drive the market. Then maybe we\'ll be less prone to such bubbles. The bottom line is that the housing frenzy never made economic sense.',''); return false;">Quote</a></div> This thing will all shake out and the market will re-allot rent levels and which condos should be re-partmented but there will be a lot of unnecessary suffering in the process. We recently moved up from Portland and watched the market for a year and half before buying. We’d expected prices to go down for a long time and when the price reductions and the deal we got met an equilibrium with our desire to get out of an apartment we bought. So I speak from a now less biased view when I say that Washington state needs better tenant protection laws. I’m a conservative. Washington seems to be run of, by and for the wealthy – surprising in such a liberal state. Housing prices here would probably come down more quickly if rents were lower but there is so much vacant space out there waiting to be sold that we have a pincer effect between home prices and rents. Ultimately, we need far better economics educations in high schools and colleges so people have a better understanding of what’s going on and can make better individual decisions, which are ultimately what drive the market. Then maybe we’ll be less prone to such bubbles. The bottom line is that the housing frenzy never made economic sense.
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]]> By: Buceri http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33270 Buceri Fri, 14 Dec 2007 20:47:14 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33270 From off-topic link: "What has happened with housing and the economy has really blown up for people at the lower end of the spectrum." Oh please!!!! With the way medical insurance premiums have gone up in the last 5-8 years; not even "people in the middle of the spectrum" have been contributing to their 401K for a while...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33270','Buceri',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33270','Buceri','From off-topic link:\r\n\"What has happened with housing and the economy has really blown up for people at the lower end of the spectrum.\"\r\nOh please!!!! With the way medical insurance premiums have gone up in the last 5-8 years; not even \"people in the middle of the spectrum\" have been contributing to their 401K for a while...',''); return false;">Quote</a></div> From off-topic link:
“What has happened with housing and the economy has really blown up for people at the lower end of the spectrum.”
Oh please!!!! With the way medical insurance premiums have gone up in the last 5-8 years; not even “people in the middle of the spectrum” have been contributing to their 401K for a while…
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]]> By: Mike2 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33269 Mike2 Fri, 14 Dec 2007 20:21:34 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33269 It's amazing 401K's and IRA's still exist in the current environment. The temptation to stimulate spending through <i>holding</i> penalties and withdrawl incentives has got to be intense. Having people put away pre tax income is as bad or worst than not spending home equity.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33269','Mike2',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33269','Mike2','It\'s amazing 401K\'s and IRA\'s still exist in the current environment. The temptation to stimulate spending through <i>holding<\/i> penalties and withdrawl incentives has got to be intense. Having people put away pre tax income is as bad or worst than not spending home equity.',''); return false;">Quote</a></div> It’s amazing 401K’s and IRA’s still exist in the current environment. The temptation to stimulate spending through holding penalties and withdrawl incentives has got to be intense. Having people put away pre tax income is as bad or worst than not spending home equity.
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]]> By: Bellevue Ave http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33263 Bellevue Ave Fri, 14 Dec 2007 17:30:13 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33263 wheres the strawman? also that wasn't very inciteful.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33263','Bellevue Ave',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33263','Bellevue Ave','wheres the strawman? also that wasn\'t very inciteful.',''); return false;">Quote</a></div> wheres the strawman? also that wasn’t very inciteful.
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]]> By: declinest http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33218 declinest Fri, 14 Dec 2007 03:57:04 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33218 “Buildings can be sold. Rent control doesn’t exist.”

what is so bad about buildings being sold? it’s a good thing rent control doesn’t exist.

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]]> By: Angie http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33215 Angie Fri, 14 Dec 2007 03:04:23 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33215 where is angie? I’m sure she will have something inciteful to say about this.

Inciteful?

I think it’s sad that people are raiding retirement funds as they try to hang on to their homes.

Mmm, that’s about it. Have fun with the strawman arguments, guys.

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]]> By: patient http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33202 patient Fri, 14 Dec 2007 00:56:25 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33202 That's just crazy. If you can't afford you home get rid off it. Sell, short sale, foreclosure whatever is needed. Get something you can easily afford or rent and start rebuild your finances. To live in serfdom and enslaved by a lender forever is not the way to live your life.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33202','patient',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33202','patient','That\'s just crazy. If you can\'t afford you home get rid off it. Sell, short sale, foreclosure whatever is needed. Get something you can easily afford or rent and start rebuild your finances. To live in serfdom and enslaved by a lender forever is not the way to live your life.',''); return false;">Quote</a></div> That’s just crazy. If you can’t afford you home get rid off it. Sell, short sale, foreclosure whatever is needed. Get something you can easily afford or rent and start rebuild your finances. To live in serfdom and enslaved by a lender forever is not the way to live your life.
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]]> By: TJ_98370 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33200 TJ_98370 Fri, 14 Dec 2007 00:34:57 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33200 An interesting recent development: <a href="http://www.nypost.com/seven/12132007/business/ben_must_be_really_worried_about_the_eco_876115.htm?page=2" rel="nofollow">Ben Must Be Worried</a> <i>...At least Congressman Vito Fossella of Staten Island is thinking straight. .. Earlier this week he proposed allowing homeowners with adjustable-rate mortgages who are facing interest-rate resets to withdraw up to $25,000 penalty-free from their retirement accounts to avoid foreclosure.....</i> . Apparently, some of our elected gooberment officials are in support of mortgage holders withdrawing funds from their retirement accounts. ..<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33200','TJ_98370',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33200','TJ_98370','An interesting recent development: \r\n\r\n<a href=\"http:\/\/www.nypost.com\/seven\/12132007\/business\/ben_must_be_really_worried_about_the_eco_876115.htm?page=2\" rel=\"nofollow\">Ben Must Be Worried<\/a>\r\n\r\n<i>...At least Congressman Vito Fossella of Staten Island is thinking straight. \r\n..\r\nEarlier this week he proposed allowing homeowners with adjustable-rate mortgages who are facing interest-rate resets to withdraw up to $25,000 penalty-free from their retirement accounts to avoid foreclosure.....<\/i> \r\n.\r\nApparently, some of our elected gooberment officials are in support of mortgage holders withdrawing funds from their retirement accounts.\r\n..',''); return false;">Quote</a></div> An interesting recent development:

Ben Must Be Worried

…At least Congressman Vito Fossella of Staten Island is thinking straight.
..
Earlier this week he proposed allowing homeowners with adjustable-rate mortgages who are facing interest-rate resets to withdraw up to $25,000 penalty-free from their retirement accounts to avoid foreclosure…..
.
Apparently, some of our elected gooberment officials are in support of mortgage holders withdrawing funds from their retirement accounts.
..

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]]> By: explorer http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33195 explorer Thu, 13 Dec 2007 23:42:29 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33195 I too was a condo conversion casualty. I spent all of last summer in a very frustrating search, battlling (not just competing) with others both in the same position-- or saying they were for an artifical "edge" that did not hold water, or newcomers with a job/no job, and no place yet. There were 50 people lined up for an open house lasting 30 minutes last August at my current rental. I learned to despise any landlord that uses a lease from the Rental Housing Assn. of Puget sound, for good reason. I was very fortunate to find a place in the same neighboorhood, where the rent was fairly reasonable for what you get and in the current market. And it's a triplex nest egg for a California couple/owners. Renters were treated like unwased surfs, regardless of income or history. And contemptable so. My short term consolation is also the fact that only three out of 14 units converted have sold. The rest are definately on the road to repartments, at certainly much higher rents that what I am paying now, for less space and ameniteies. Barring rent control, It is karma in a way for speculators and the greed that has been going on in the rental markets in-city especially over the past 3 years.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33195','explorer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33195','explorer','I too was a condo conversion casualty. I spent all of last summer in a very frustrating search, battlling (not just competing) with others both in the same position-- or saying they were for an artifical \"edge\" that did not hold water, or newcomers with a job\/no job, and no place yet. There were 50 people lined up for an open house lasting 30 minutes last August at my current rental. I learned to despise any landlord that uses a lease from the Rental Housing Assn. of Puget sound, for good reason. \r\n\r\nI was very fortunate to find a place in the same neighboorhood, where the rent was fairly reasonable for what you get and in the current market. And it\'s a triplex nest egg for a California couple\/owners. Renters were treated like unwased surfs, regardless of income or history. And contemptable so. \r\n\r\nMy short term consolation is also the fact that only three out of 14 units converted have sold. The rest are definately on the road to repartments, at certainly much higher rents that what I am paying now, for less space and ameniteies. \r\n\r\nBarring rent control, It is karma in a way for speculators and the greed that has been going on in the rental markets in-city especially over the past 3 years.',''); return false;">Quote</a></div> I too was a condo conversion casualty. I spent all of last summer in a very frustrating search, battlling (not just competing) with others both in the same position– or saying they were for an artifical “edge” that did not hold water, or newcomers with a job/no job, and no place yet. There were 50 people lined up for an open house lasting 30 minutes last August at my current rental. I learned to despise any landlord that uses a lease from the Rental Housing Assn. of Puget sound, for good reason.

I was very fortunate to find a place in the same neighboorhood, where the rent was fairly reasonable for what you get and in the current market. And it’s a triplex nest egg for a California couple/owners. Renters were treated like unwased surfs, regardless of income or history. And contemptable so.

My short term consolation is also the fact that only three out of 14 units converted have sold. The rest are definately on the road to repartments, at certainly much higher rents that what I am paying now, for less space and ameniteies.

Barring rent control, It is karma in a way for speculators and the greed that has been going on in the rental markets in-city especially over the past 3 years.

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]]> By: off topic http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33192 off topic Thu, 13 Dec 2007 23:14:53 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33192 i really have no idea why anyone would do this. you have to go through a whole "proof of financial hardship" process to get access to the 401k and then you have to pay taxes on it at your incremental rate. it really seems like such a bad idea then again, most of these people had to make at least a few poor decisions to get to this point you'd think that the process of filling out the paperwork would get people to think about whether it is really such a great idea<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33192','off topic',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33192','off topic','i really have no idea why anyone would do this.\r\n\r\nyou have to go through a whole \"proof of financial hardship\" process to get access to the 401k and then you have to pay taxes on it at your incremental rate. \r\n\r\nit really seems like such a bad idea\r\n\r\nthen again, most of these people had to make at least a few poor decisions to get to this point\r\n\r\nyou\'d think that the process of filling out the paperwork would get people to think about whether it is really such a great idea',''); return false;">Quote</a></div> i really have no idea why anyone would do this.

you have to go through a whole “proof of financial hardship” process to get access to the 401k and then you have to pay taxes on it at your incremental rate.

it really seems like such a bad idea

then again, most of these people had to make at least a few poor decisions to get to this point

you’d think that the process of filling out the paperwork would get people to think about whether it is really such a great idea

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]]> By: TJ_98370 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33190 TJ_98370 Thu, 13 Dec 2007 23:05:35 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33190 <i>increasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy...</i>. Wow! What are these people thinking? Aren't 401K's protected from bankruptcy?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33190','TJ_98370',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33190','TJ_98370','<i>increasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy...<\/i>.\r\n\r\nWow! What are these people thinking? Aren\'t 401K\'s protected from bankruptcy?',''); return false;">Quote</a></div> increasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy….

Wow! What are these people thinking? Aren’t 401K’s protected from bankruptcy?

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]]> By: Bellevue Ave http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33184 Bellevue Ave Thu, 13 Dec 2007 22:42:01 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33184 where is angie? I'm sure she will have something inciteful to say about this.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33184','Bellevue Ave',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33184','Bellevue Ave','where is angie? I\'m sure she will have something inciteful to say about this.',''); return false;">Quote</a></div> where is angie? I’m sure she will have something inciteful to say about this.
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]]> By: off topic http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33182 off topic Thu, 13 Dec 2007 22:35:11 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33182 i'm sorry, but i couldn't resist: increasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy. we honestly cannot stop ourselves. we are going to use up every last little bit of credit before we give up. http://calculatedrisk.blogspot.com/2007/12/consumers-use-401k-atm.html what the hell, people? are our lives really so empty that every resource must be tapped to keep up with the jones'? has nobody heard of making a budget and sticking to it? this stuff is beginning to make me mad.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33182','off topic',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33182','off topic','i\'m sorry, but i couldn\'t resist:\r\n\r\nincreasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy. we honestly cannot stop ourselves. we are going to use up every last little bit of credit before we give up.\r\n\r\nhttp:\/\/calculatedrisk.blogspot.com\/2007\/12\/consumers-use-401k-atm.html\r\n\r\nwhat the hell, people? are our lives really so empty that every resource must be tapped to keep up with the jones\'? has nobody heard of making a budget and sticking to it?\r\n\r\nthis stuff is beginning to make me mad.',''); return false;">Quote</a></div> i’m sorry, but i couldn’t resist:

increasingly house-poor americans turn to their 401ks to pay the mortgage and stay out of bankruptcy. we honestly cannot stop ourselves. we are going to use up every last little bit of credit before we give up.

http://calculatedrisk.blogspot.com/2007/12/consumers-use-401k-atm.html

what the hell, people? are our lives really so empty that every resource must be tapped to keep up with the jones’? has nobody heard of making a budget and sticking to it?

this stuff is beginning to make me mad.

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]]> By: AndySeattle http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33177 AndySeattle Thu, 13 Dec 2007 22:08:45 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33177 For what it's worth I was a 'victim' of a condo conversion... I chose to move because the place just wasn't worth buying. And because the area had so many conversions going on at the time my choices were limited as to where I could rent. So I ended up paying a premium for a piece of crap. I stayed in the piece of crap for the years' lease and then moved to my present location... Same price, amazing neighborhood, some of the greatest schools in the nation and an easier commute. Looking back... I'm glad that I was 'forced' to move. And I take great delight in occasionally driving by my old stomping grounds and seeing that the conversion has still yet to complete and they are desperately trying to sell out. Schedenfreude at its best!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33177','AndySeattle',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33177','AndySeattle','For what it\'s worth I was a \'victim\' of a condo conversion... I chose to move because the place just wasn\'t worth buying. And because the area had so many conversions going on at the time my choices were limited as to where I could rent. So I ended up paying a premium for a piece of crap. I stayed in the piece of crap for the years\' lease and then moved to my present location... Same price, amazing neighborhood, some of the greatest schools in the nation and an easier commute. \r\n\r\nLooking back... I\'m glad that I was \'forced\' to move. And I take great delight in occasionally driving by my old stomping grounds and seeing that the conversion has still yet to complete and they are desperately trying to sell out. Schedenfreude at its best!',''); return false;">Quote</a></div> For what it’s worth I was a ‘victim’ of a condo conversion… I chose to move because the place just wasn’t worth buying. And because the area had so many conversions going on at the time my choices were limited as to where I could rent. So I ended up paying a premium for a piece of crap. I stayed in the piece of crap for the years’ lease and then moved to my present location… Same price, amazing neighborhood, some of the greatest schools in the nation and an easier commute.

Looking back… I’m glad that I was ‘forced’ to move. And I take great delight in occasionally driving by my old stomping grounds and seeing that the conversion has still yet to complete and they are desperately trying to sell out. Schedenfreude at its best!

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]]> By: Chris http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33175 Chris Thu, 13 Dec 2007 22:05:01 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33175 "Anyone checked in at Hjarta recently?" Hjarta has sold 6 of 80 units thru Oct. according to the best data I can find<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33175','Chris',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33175','Chris','\"Anyone checked in at Hjarta recently?\"\r\n\r\nHjarta has sold 6 of 80 units thru Oct. according to the best data I can find',''); return false;">Quote</a></div> “Anyone checked in at Hjarta recently?”

Hjarta has sold 6 of 80 units thru Oct. according to the best data I can find

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]]> By: TJ_98370 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33173 TJ_98370 Thu, 13 Dec 2007 21:54:34 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33173 .
In an effort to accommodate Ubersalad’s request for more positive stuff(s):
.
Happy Real Estate and Homes For Sale
.
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]]> By: Ubersalad http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33172 Ubersalad Thu, 13 Dec 2007 21:28:31 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33172 Alright delete my comments, who cares. This blog went from informative to "same whine, different story".<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33172','Ubersalad',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33172','Ubersalad','Alright delete my comments, who cares. This blog went from informative to \"same whine, different story\".',''); return false;">Quote</a></div> Alright delete my comments, who cares. This blog went from informative to “same whine, different story”.
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]]> By: Scotsman http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33171 Scotsman Thu, 13 Dec 2007 21:26:26 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33171 Amway destroyed millions of Americans? I thought the democratic party got the credit for that.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33171','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33171','Scotsman','Amway destroyed millions of Americans?\r\n\r\nI thought the democratic party got the credit for that.',''); return false;">Quote</a></div> Amway destroyed millions of Americans?

I thought the democratic party got the credit for that.

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]]> By: Ubersalad http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33168 Ubersalad Thu, 13 Dec 2007 21:09:44 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33168 There is a million ways to destroy sectors of "American Population". I mean this blog was great when it was the only one of its kind, now it's just...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33168','Ubersalad',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33168','Ubersalad','There is a million ways to destroy sectors of \"American Population\". I mean this blog was great when it was the only one of its kind, now it\'s just...',''); return false;">Quote</a></div> There is a million ways to destroy sectors of “American Population”. I mean this blog was great when it was the only one of its kind, now it’s just…
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]]> By: Ubersalad http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33167 Ubersalad Thu, 13 Dec 2007 21:08:05 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33167 should see downtown Bellevue and the amount of buildings coming out. Bellevue's price tag is much higher than Ballard, and I don't see how they can sell these.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33167','Ubersalad',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33167','Ubersalad','should see downtown Bellevue and the amount of buildings coming out. Bellevue\'s price tag is much higher than Ballard, and I don\'t see how they can sell these.',''); return false;">Quote</a></div> should see downtown Bellevue and the amount of buildings coming out. Bellevue’s price tag is much higher than Ballard, and I don’t see how they can sell these.
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]]> By: M Long http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33166 M Long Thu, 13 Dec 2007 21:07:26 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33166 "Ubersalad" And exactly what part of "Seattle Bubble" sounds like a real estate motivational seminar. This is a blog about negative real estate news because most of the people on this board, like myself, think the real estate industry has become the Amway corporation of the 21st century, and that it has a good chance of destroying millions of Americans. I'm also VERY ANGRY ABOUT IT.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33166','M Long',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33166','M Long','\"Ubersalad\"\r\n\r\nAnd exactly what part of \"Seattle Bubble\" sounds like a real estate motivational seminar. This is a blog about negative real estate news because most of the people on this board, like myself, think the real estate industry has become the Amway corporation of the 21st century, and that it has a good chance of destroying millions of Americans. I\'m also VERY ANGRY ABOUT IT.',''); return false;">Quote</a></div> “Ubersalad”

And exactly what part of “Seattle Bubble” sounds like a real estate motivational seminar. This is a blog about negative real estate news because most of the people on this board, like myself, think the real estate industry has become the Amway corporation of the 21st century, and that it has a good chance of destroying millions of Americans. I’m also VERY ANGRY ABOUT IT.

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]]> By: wreckingbull http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33165 wreckingbull Thu, 13 Dec 2007 21:01:07 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33165 While it is sad that Lock Vista is converting, and these folks have to move now, the rest of the story is yet to be told.... Ballard is absolutely bloated with unsold condos with a massive amount still under construction. Anyone checked in at Hjarta recently? These renters may have some real nice opportunities to rent brand-new condos soon. This exploding inventory and flat-lined sales pace is going to put some serious downward pressure on rents.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33165','wreckingbull',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33165','wreckingbull','While it is sad that Lock Vista is converting, and these folks have to move now, the rest of the story is yet to be told....\r\n\r\nBallard is absolutely bloated with unsold condos with a massive amount still under construction. Anyone checked in at Hjarta recently? These renters may have some real nice opportunities to rent brand-new condos soon. This exploding inventory and flat-lined sales pace is going to put some serious downward pressure on rents.',''); return false;">Quote</a></div> While it is sad that Lock Vista is converting, and these folks have to move now, the rest of the story is yet to be told….

Ballard is absolutely bloated with unsold condos with a massive amount still under construction. Anyone checked in at Hjarta recently? These renters may have some real nice opportunities to rent brand-new condos soon. This exploding inventory and flat-lined sales pace is going to put some serious downward pressure on rents.

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]]> By: brettro http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33164 brettro Thu, 13 Dec 2007 21:01:05 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33164 i fail. cut and paste.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33164','brettro',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33164','brettro','i fail. cut and paste.',''); return false;">Quote</a></div> i fail. cut and paste.
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]]> By: brettro http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33163 brettro Thu, 13 Dec 2007 21:00:04 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33163 Did i screw up my link? Let's try this again... <a href="http://slog.thestranger.com/2007/12/wanna_buy_the_lo ck_vista_got_32_million">http://slog.thestranger.com/2007/12/wanna_buy_the_lock_vista_got_32_million</a><div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33163','brettro',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33163','brettro','Did i screw up my link? Let\'s try this again... \r\n<a href=\"http:\/\/slog.thestranger.com\/2007\/12\/wanna_buy_the_lo\r\nck_vista_got_32_million\">http:\/\/slog.thestranger.com\/2007\/12\/wanna_buy_the_lock_vista_got_32_million<\/a>',''); return false;">Quote</a></div> Did i screw up my link? Let’s try this again…
http://slog.thestranger.com/2007/12/wanna_buy_the_lock_vista_got_32_million
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]]> By: brettro http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33162 brettro Thu, 13 Dec 2007 20:58:04 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33162 I read on <a>Slog</a> that the conversion at Lock Vista isn't going to happen and the complex has been put back up for sale. I think it's a safe bet that this trend of reversions will continue.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33162','brettro',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33162','brettro','I read on <a>Slog<\/a> that the conversion at Lock Vista isn\'t going to happen and the complex has been put back up for sale. \r\n\r\nI think it\'s a safe bet that this trend of reversions will continue.',''); return false;">Quote</a></div> I read on Slog that the conversion at Lock Vista isn’t going to happen and the complex has been put back up for sale.

I think it’s a safe bet that this trend of reversions will continue.

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]]> By: Ubersalad http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33157 Ubersalad Thu, 13 Dec 2007 20:49:37 +0000 http://seattlebubble.com/blog/2007/12/13/the-human-side-of-a-condo-conversion/#comment-33157 Can we post some positive stuffs, rather than always having "whine" from all corners of Seattle?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('33157','Ubersalad',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('33157','Ubersalad','Can we post some positive stuffs, rather than always having \"whine\" from all corners of Seattle?',''); return false;">Quote</a></div> Can we post some positive stuffs, rather than always having “whine” from all corners of Seattle?
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