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Seattle Bubble Forum Archive • View topic - Seattle Bubble on Google News, NPR

Seattle Bubble on Google News, NPR

Anything and everything relating to Seattle-area real estate.

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Seattle Bubble on Google News, NPR

Postby The Tim » Tue Apr 08, 2008 1:42 pm

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Re: Seattle Bubble to be included on Google News

Postby Ubersalad » Tue Apr 08, 2008 1:55 pm

attention whore...
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Re: Seattle Bubble to be included on Google News

Postby The Tim » Tue Apr 08, 2008 2:08 pm

I think I prefer "attention slut."
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Re: Seattle Bubble to be included on Google News

Postby Alan » Tue Apr 08, 2008 2:15 pm

Not when you are getting paid for it.
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Re: Seattle Bubble to be included on Google News

Postby The Tim » Tue Apr 08, 2008 8:28 pm

Heh.

Anyway, the P-I REP blog has been on Google News for quite some time, so it's nice to be included here finally as well.
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Re: Seattle Bubble on Google News, NPR

Postby sniglet » Wed Apr 09, 2008 5:45 am

Here is the link to the NPR piece Tim was on:



As much as I am against a bail-out myself, I think the economist from UW made a good point. A major recession will hurt all of us, including renters. Frankly, I suspect we are going to see one of the deepest recessions in living memory, and there will be a lot of pain for all due to the economic contraction. Sure, it might be great to have housing prices decline, but if you are laid off those cheap homes are still out of your reach.

That said, I still think a bail-out is a bad idea, but not because it will prevent housing from becoming afordable. The problem with a bail-out is that it will prevent the economy from properly re-balancing itself and clearing out mal-investments. The last thing we need is further incentives for investments in real-estate rather than productive economic activity. Unfortunately, a bail-out will just convince everyone that real-estate is one of the best investment options there are: after all, the government has your back.
Last edited by sniglet on Wed Apr 09, 2008 2:41 pm, edited 1 time in total.
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Re: Seattle Bubble on Google News, NPR

Postby rose-colored-coolaid » Wed Apr 09, 2008 10:38 am

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Re: Seattle Bubble on Google News, NPR

Postby SeattleMoose » Wed Apr 09, 2008 11:16 am

Congratulations Tim!!! You deserve the added exposure as you are doing a great public service with this blog.

If the world were "fair" people like you would become millionaires doing public good as opposed to the "suit and tie maggots" infesting Wall Street & banks....who provide zero value to the public good.
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Re: Seattle Bubble on Google News, NPR

Postby mukoh » Wed Apr 09, 2008 12:35 pm

I think the bail out needs to be done in a fashion of looking forward to better regulation in the lending industry, which is exactly to fault for the sudden impact on 40% of the people who were not able to buy, rushing out and buying.

If the bail out and regulation hand in hand however would not happen, we would all be looking into more severe issues then just a 30% drop in prices from the peak. We would all be sitting on a brink of your money in your banks being devalued, no jobs to accomodate the population, and everyones value wiped out.
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Re: Seattle Bubble on Google News, NPR

Postby sniglet » Wed Apr 09, 2008 2:36 pm

Last edited by sniglet on Wed Apr 09, 2008 3:25 pm, edited 1 time in total.
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Re: Seattle Bubble on Google News, NPR

Postby mukoh » Wed Apr 09, 2008 3:07 pm

Sniglet, agree with some parts on your behalf, but if there was no bailout a few weeks ago of bear sterns, or behind the scenes bail outs going on right now before they hit the public, all of us would have real issues if you have a portfolio of any diversification in any assets out there including bonds, stocks, money markets, funds and most importantly cash.
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Re: Seattle Bubble on Google News, NPR

Postby The Tim » Thu Apr 10, 2008 9:10 am

Image
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Re: Seattle Bubble on Google News, NPR

Postby rose-colored-coolaid » Thu Apr 10, 2008 10:39 am

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Re: Seattle Bubble on Google News, NPR

Postby sniglet » Thu Apr 10, 2008 2:23 pm

Last edited by sniglet on Thu Apr 10, 2008 8:00 pm, edited 1 time in total.
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Re: Seattle Bubble on Google News, NPR

Postby CKT » Thu Apr 10, 2008 2:31 pm

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