A post by Susan Ryan over at the PI’s RE Blog proclaims “Just Say No to Bubble Talk”
“As I’ve said repeatedly, stock market terms do not apply to real estate. There is no real estate bubble and never will be. A decrease in acceleration is not an implosion (or even a pop).
Kendra Todd of the Apprentice has a (sic) article on Yahoo Real Estate about the non-bubble. It’s a pretty good explanation of what’s happening around the country in real estate.”
Just say no didn’t work for Nancy Reagan either…
Update: The Tim here, reminding you that if you choose to leave comments on Susan’s post, please keep it civil. There’s nothing wrong with passionate discussion and disagreement, but there’s no need to be mean or spiteful about it. Thanks.
(Susan Ryan, Seattle Real Estate Professionals, 10.02.2006)