Seattle Bubble

Speaking of the economy, here’s a headline I never expected to see in The Seattle Times, let alone above the fold on the front page of the Sunday paper:

I guess this is a surprising discovery for some people—something that is considered big news. Here are some choice excerpts from the article:
“If things get really [...]

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Wow, Aubrey Cohen over at the P-I is really slipping lately. First he prints the prediction that Seattle will see “slight year-over-year price declines this spring or summer,” and now he has penned an entire article about Bill Fleckenstein’s “not-so-rosy” outlook for local real estate.
Like many economists and real estate professionals, hedge fund manager [...]

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