I’m compiling two lists for future posts, and I’d like to enlist the help you, the intelligent readers, to help assure the lists are as complete as possible. The purpose of the posts will be to list common real estate myths and briefly debunk them one by one. Many common myths have had entire posts…
Tag: mythbusting
Get on the equity escalator and trade up later!
I am hoping someone here will be able to clear this one up for me. One of the frequently-repeated arguments that real estate salesmen use to try to convince the renter-serfs to buy a home is that once you buy a home, your costs are fixed. While that’s not entirely true (taxes, insurance, and maintenance…
Urban Growth Boundary Malarkey
A common argument about housing prices that I’ve personally noticed popping up frequently in the last few weeks is that they are as high as they are here in King County thanks in very large part to the Growth Management Act (GMA). Specifically, the argument claims that the Urban Growth Boundary (UGB) has so limited…