Sunday, March 29, 2009
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
What about a third wave for massive job losses?
ReplyDeleteNormal Cycle!
ReplyDeleteNew Paradigm!
4th Wave - historic personal debt, 5th wave - historic and compounding entitlement spending, 6th wave - 2 wars, 7th Wave - Baby boomers retiring at once (or so they thought), 8th wave - record national debt, 9th wave - populace lack of personal savings ........
ReplyDeletenext
I just wish the wave would crash through bethesda or potomac, cause I have enough saved to buy up the scraps after the storm....
ReplyDeleteif one will ever come. I doubt it. I guess I should move to Arizona or something.
will the state of Florida subsidize dual hurricane/tsunami insurance so i can live on that precipice?
ReplyDeletewill Florida then lobby the FedGov to subsidize their subsidies?
"I just wish the wave would crash through bethesda or potomac, cause I have enough saved to buy up the scraps after the storm...."
ReplyDeleteI hear ya.
All the areas that have dropped the most are the armpits of the metro area. Any of the nice neighborhoods/areas are still at near bubble peak prices. They have to fall eventually, but it may be a while.
Interesting cartoon and interesting blog, would love to share some of my expertise as well.
ReplyDeletefor a deeper insight in the housing / mortgage /YOUR FINANCIAL WORLD
try my blog:
Mike's Good News