{"id":9988,"date":"2010-03-12T09:31:40","date_gmt":"2010-03-12T17:31:40","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=9988"},"modified":"2011-04-15T16:20:37","modified_gmt":"2011-04-15T23:20:37","slug":"friday-flashback-the-last-spaceship-flight-off-a-planet-thats-about-to-explode","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/03\/12\/friday-flashback-the-last-spaceship-flight-off-a-planet-thats-about-to-explode\/","title":{"rendered":"Friday Flashback: “The last spaceship flight off a planet that’s about to explode”"},"content":{"rendered":"

Here’s one of my favorite pre-bursting-bubble gems. It’s an opinion piece that was published in the Seattle P-I<\/a> on October 20, 2006, penned by guest columnist Sarah McCormic<\/a> (her website even still features the article as a noteworthy sample of her work<\/a>).<\/p>\n

<\/a>
photo by Flickr user jurvetson<\/a><\/div>\n

With friends who have also been lucky enough to land a Columbia City cottage or a Shoreline rambler, there’s a sense of shared joy and relief. I remember feeling like this in fifth grade when my best friend and I landed parts in the school play: “Thank God we both got in.” We toast our hefty mortgages and spend long evenings discussing hardwood floor finishes, crown moldings and our all-important soaring equity.<\/p>\n

But with friends who have not yet “squeezed in” to the housing market, I am reminded of how I felt when I got accepted by my first choice for college and my best friend got nothing but rejections. What do you say to each other? I try to offer soothing assurances: “I hear there are still some great deals up north.” “600 square feet is plenty of room!”<\/p>\n

But no matter what I say, I know we all feel like they have probably missed their chance, like they didn’t buy their ticket on the last spaceship flight off a planet that’s about to explode. I fear they’re doomed to move back to Missouri in order to afford more than a studio condo on the fringes of the city.<\/p><\/blockquote>\n

Got it? The renters<\/em> were the ones that were doomed. Definitely not the people who took on hefty mortgages to squeeze into the housing market in 2006.<\/p>\n

You can also read my 2006 thoughts on the piece<\/a>.<\/p>\n

The purpose of our Friday Flashback series<\/a> is to remind people why it’s never a good idea to base your home purchase decisions on the word of someone with a vested financial interest in selling as many homes as possible for as much as possible, no matter what. If you’ve got a good example of local home salespeople or other industry shills on record making fools of themselves in the years before the bubble burst, shoot me an email<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"

Here’s one of my favorite pre-bursting-bubble gems. It’s an opinion piece that was published in the Seattle P-I on October 20, 2006, penned by guest columnist Sarah McCormic (her website even still features the article as a noteworthy sample of her work). photo by Flickr user jurvetson With friends who have also been lucky enough…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[639,638],"coauthors":[],"class_list":["post-9988","post","type-post","status-publish","format-standard","hentry","category-features","tag-639","tag-friday-flashback"],"yoast_head":"\nFriday Flashback: "The last spaceship flight off a planet that's about to explode" \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2010\/03\/12\/friday-flashback-the-last-spaceship-flight-off-a-planet-thats-about-to-explode\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Friday Flashback: "The last spaceship flight off a planet that's about to explode" \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Here’s one of my favorite pre-bursting-bubble gems. 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