Saturday, July 22, 2006

The Ghost Housing Market

If you didn't see this post over at Mish's blog, then I invite you to check it out. Some of it does not apply very strongly to Marin, but much of it does. You be the judge. (The most applicable parts are in the latter 2/3 IMO.)

2 Comments:

Anonymous ross valley local said...

When I hear "ghost housing market", this immediately comes to mind.

Jul 23, 2006, 10:35:00 PM  
Blogger B. Durbin said...

You know what that article just reminded me of? All of those jokes about the Florida Land Boom.

You know, a textbook example of a housing bubble, right down to the buying and selling of land without ever looking to verify that it wasn't just a piece of swampy ground...

Jul 24, 2006, 8:07:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home

Terms of Use: The purpose of the Marin Real Estate Bubble weblog (located at URL http://marinrealestatebubble.blogspot.com/ and henceforth referred to as “MREB” or “this site”) is to present and discuss information relating to real estate and the real estate industry in general (locally, state-wide, nationally, and internationally) as it pertains to the thesis that recent real estate related activity is properly characterized as a “speculative mania” or a “bubble”. MREB is a non-profit, community site that depends on community participation and feedback. While MREB administrators do strive to confirm all information presented here and qualify all doubtful items, the information presented at MREB is neither definitive nor should it be construed as professional advice. All information published on MREB is provided “as is” without warranty of any kind and the administrators of this site shall not be liable for any direct or indirect damages arising out of use of this site. This site is moderated by MREB administrators and the MREB administrators reserve the right to edit, remove, or refuse postings that are off-topic, defamatory, libelous, offensive, or otherwise deemed inappropriate by MREB administrators. You should consult a finance professional before making any decisions based on information found on this site.

The contributors to this site may, from time to time, hold short (or long) positions in mentioned and related companies.