[FoRK] Does this real estate boom remind you of the dot-com boom?

Matt Jensen mattj at newsblip.com
Tue May 17 17:09:11 PDT 2005


Since Jeff started this off by discussing Seattle, I'll mention an article from
this week.

On Sunday the Seattle Times' Real Estate section quoted a few sources who
claimed that Seattle's market won't burst because Seattle just plain
underpriced.  It's a desirable location, and growth management limits new
construction (it is claimed).

http://seattletimes.nwsource.com/html/realestate/2002274261_homeappreciation15.html

However, if you look at how rents here are dropping, it tends to suggest we're
seeing speculation (as Jeff mentioned).


-Matt Jensen
 http://mattjensen.com
 Seattle


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