Hey, it looks like somebody on the P-I editorial board is a secret fan of Seattle Bubble (or at the very least, they read Thursday’s post). Check out yesterday’s “P-I Editorial”:
Last week, The Wall Street Journal published a comprehensive look at loan data for what it called, “The United States of Subprime.” The newspaper found “that the subprime aftermath is hurting a far broader array of Americans than many realize, cutting across income, race and geography.”
And guess what, folks? Seattle is not immune to the housing downturn.
You don’t say. Seattle is not immune? Who could possibly have seen that coming?
I would like to take a moment to welcome the Seattle P-I to reality. It is nice to finally have some company here.
(P-I Editorial Board, Seattle P-I, 10.14.2007)