[FoRK] Does this real estate boom remind you of the dot-com boom?
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
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).
However, if you look at how rents here are dropping, it tends to suggest we're
seeing speculation (as Jeff mentioned).
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