IchiroVader
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klio wrote: wow- so Seattlites aren't as "enlightened" as one might hope. But just to assuage your fear, people of illegal immigration status aren't locust- it is very unlikely they will leave blighted Sacramento and swarm on the bounty of Seat…
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rose-colored-coolaid wrote: What gets interesting is that there may even be a point where you are better off selling for a loss than not selling at all. You could be loosing more money not building than building at a loss. Even after new a…
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mike2 wrote: Ron Paul is right, there have been too many financial incentives for illegals to emigrate here and start families. The housing slowdown at least helps remove one of these incentives. I wonder if will see a migration of illegal…
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These are the types of stories I find most interesting about the whole housing bubble. How it ends up affecting other areas of consumerism.
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How would the Home Builders attain the level of revenue required by the loan, if they can't sell the homes (no longer able to undercut the FBs)? Are you thinking they'd still be able to move the homes by throwing in perverse incentives suc…
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I don't think the location matters, even in over built areas such as Las Vegas and Phoenix. I think it is actually quite simple. The builders make money, building houses on land they already own (or on land they have the option to own). I would a…
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That will be interesting... PDF of final configuration
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Living in one of those condos would make for a nice commute to the PSNS... It would be interesting to know, how much the real estate run up caused property tax windfall, is fueling the downtown revitalization.
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I wonder if anyone other than Specu-vestors are buying them? $400,000 to $1.75m for a waterfront condo... which is only an hour boat ride from Seattle.