Skip to content

Seattle Bubble

local real estate news, statistics, and commentary without the sales spin.

Menu
  • Home
  • About
  • Contact
  • Reference
  • Speaking
Menu

“It’s not quite indentured servitude…”

Posted on November 16, 2007January 30, 2008 by The Tim

Here’s a quote that caught my attention in today’s headline P-I article: Boeing bosses spy on workers.

“It’s not quite indentured servitude, because you can quit, but when you look at the mortgages and car payments, especially in Seattle, you’re not exactly free,” said the surveilled former employee.

Real estate salespeople are always talking about the “intangible” benefits of home buying, especially since today’s market makes it impossible to argue for the financial benefits. What they obviously won’t talk about are the intangible detriments that come from jumping head-first into a ridiculously large loan on an overpriced home. Detriments such as being trapped in a spirit-crushing job.

(Andrea James, Seattle P-I, 11.16.2007)

Share:

  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Facebook (Opens in new window) Facebook
  • Share on Reddit (Opens in new window) Reddit
  • Share on Pinterest (Opens in new window) Pinterest
  • Email a link to a friend (Opens in new window) Email

Continue Reading

Next Post:
Condomania in Everett!
Previous Post:
Reader Question: Are Seattle home purchasers crazy?

Tim’s Other Projects

Dispatches from the Multiverse

Tip Jar

Like what we're doing?

Drop us a tip!

Accounts

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
©2026 Seattle Bubble | Built using WordPress and Responsive Blogily theme by Superb