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PSA. Every decade or two we get a flood of these so-called "news stories": - They don't make any more land. - Real estate only goes up. - Stop paying the mor
by DenisM 11y ago
PSA. Every decade or two we get a flood of these so-called "news stories":
- They don't make any more land.
- Real estate only goes up.
- Stop paying the mortgage of your landlord, pay your own!
- Buy now, or be priced out forever!
- (Seattle-only) Californians are moving in and buying up all the real estate.
The real news here is that the stars are aligning to start priming the pump for a new real estate bubble. This time it will be different!
- beambot 11y agoReminds me of the pg essay about suits: http://www.paulgraham.com/submarine.html http://www.paulgraham.com/submarine.html
- tdicola 11y agoIf you're in the Seattle area the gold rush for real estate is definitely back on. The only thing different between now and 2007 is that I don't see as many sign twirlers on corners. Tower cranes and new constructions are everywhere.
- jessaustin 11y ago(Seattle-only) Californians are moving in and buying up all the real estate. That would work as a scare tactic anywhere in the West. Sometimes it seems like Denver is populated mostly by Californians.
- branchless 11y agoThey are getting desperate as demographics bite.