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If Californians can't buy in seattle, who will?

klioklio
edited May 2007 in Housing Bubble
Making the mortgage is getting tougher
http://www.lompocrecord.com/articles/2007/05/22/news/news02.txt

Hailing from California myself, and after reading a fair share of banter on the "untouchable" Seattle realestate, I found this article interesting. Santa Barbara county seems to be entering a world of hurt... mind you this is a county with an average house price at about 650K, and quite pretty wine country too (aka Sideways was filmed here), with fair share of L.A. money coursing through its veins.

Question is: if these folks are having bad time and are indicative of the nation on a whole, who exactly will be rushing into Seattle to sustain the current bubble?

Comments

  • kpomkpom
    They'll find the money somehow, because Seattle Is Special. After all, where would you rather be in January - Seattle or Santa Barbara?
  • klioklio
    I like to think that damp, dark winters make spring much more special. :wink:
  • Puget SounderPuget Sounder
    kpom wrote:
    They'll find the money somehow, because Seattle Is Special. After all, where would you rather be in January - Seattle or Santa Barbara?

    Colorado or the Midwest of my youth.
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