RLLD 3,455 Posted May 23, 2019 Quote Prices are now down 3.5% in Seattle YoY. Another hot market in Washington State has been the tri-cities area in Eastern Washington where the median price is now 12% lower than a year ago. Redmond, WA, home of Microsoft, prices down 18%. Pricy Mountain View, CA, (between Palo Alto and Santa Clara), prices down 2.2% YoY. Portland, OR, prices down 1.2%. For several months, it was mostly just sales that were down. As I said at the time, it would take awhile for prices to follow because sellers are highly resistant to dropping the value of their number-one asset; so, the squeeze needs to be on for awhile for median prices or average prices to fall. Well, the squeeze has been on long enough, and sellers are starting to capitulate to the long drop in demand. Prices are falling. Rink Share this post Link to post Share on other sites
Strike 3,944 Posted May 23, 2019 https://www.thedenverchannel.com/lifestyle/real-estate/denvers-median-home-price-hit-a-record-high-of-409-900-in-2018 Share this post Link to post Share on other sites
tanatastic 2,061 Posted May 23, 2019 Someone tell San Diego, they haven’t gotten the memo. Share this post Link to post Share on other sites
Hardcore troubadour 12,580 Posted May 23, 2019 It's never going to happen again. Obama fixed it. Remember? Share this post Link to post Share on other sites
Filthy Fernadez 2,696 Posted May 23, 2019 Aren't most those places was that in the top link democratically controlled areas? People are moving out of the high tax shithole areas Share this post Link to post Share on other sites
drobeski 3,061 Posted May 23, 2019 1 minute ago, Filthy Fernadez said: Aren't most those places was that in the top link democratically controlled areas? People are moving out of the high tax shithole areas Posted this in wrong thread Share this post Link to post Share on other sites
Hardcore troubadour 12,580 Posted May 23, 2019 Just now, Filthy Fernadez said: Aren't most those places was that in the top link democratically controlled areas? People are moving out of the high tax shithole areas You mean when people turn 30 they don't want to dodge poop and homeless junkies and pay high taxes anymore ? Who da thunk Share this post Link to post Share on other sites
Filthy Fernadez 2,696 Posted May 23, 2019 1 minute ago, drobeski said: Posted this in wrong thread Que? Share this post Link to post Share on other sites
cbfalcon 824 Posted May 24, 2019 I feel like I should sell my house for way less than people are offering to help with this issue Share this post Link to post Share on other sites
wiffleball 4,631 Posted May 24, 2019 8 hours ago, Strike said: https://www.thedenverchannel.com/lifestyle/real-estate/denvers-median-home-price-hit-a-record-high-of-409-900-in-2018 Crap. I honestly don't know how people are doing it these days. $60,000 pickup trucks half million-dollar homes. On not nearly enough salary. Share this post Link to post Share on other sites
Voltaire 4,553 Posted May 24, 2019 I'm confused. Seattle... isn't that the city where the cops are racist and they all are required to apologize and beg forgiveness from hooligans for misguided concepts like trying to prevent vandalism or is that Portland? One of those cities had a Harvey Milk street downtown where Anitfa goons were put in charge of directing traffic because the cops must undergo surgery to have their pen*s and baIIs removed. Share this post Link to post Share on other sites
JustinCharge 2,397 Posted May 24, 2019 2 hours ago, wiffleball said: Crap. I honestly don't know how people are doing it these days. $60,000 pickup trucks half million-dollar homes. On not nearly enough salary. Well Los Angeles is awash in money. A high school dropout could move to Los Angeles, and become a uber / lyft driver and make $200 / day. Or they could waitress and make $200 / day. The amount of money being thrown away in this city is absolutely ridiculous. A married couple that are high school dropouts can afford a million dollar home. Share this post Link to post Share on other sites
RaiderHaters Revenge 3,566 Posted May 24, 2019 1 hour ago, riversco said: Well Los Angeles is awash in money. A high school dropout could move to Los Angeles, and become a uber / lyft driver and make $200 / day. Or they could waitress and make $200 / day. The amount of money being thrown away in this city is absolutely ridiculous. A married couple that are high school dropouts can afford a million dollar home. You think 2x200 a day can afford a million dollar home??? That’s rich Share this post Link to post Share on other sites
wiffleball 4,631 Posted May 24, 2019 13 minutes ago, RaiderHaters Revenge said: You think 2x200 a day can afford a million dollar home??? That’s rich Seriously. Thats one avocado toast and a coffee before your shift even starts. Share this post Link to post Share on other sites
RLLD 3,455 Posted May 28, 2019 Rinky Quote hina must exercise extreme caution in handling its housing sector because it is showing signs similar to those witnessed during Japan’s bubble period of the 1980s that contributed to the collapse of Japanese asset prices and its subsequent “lost decades” of weak economic growth and deflation, a Japanese financial system expert warned. The parallels between China’s current landscape and Japan’s three decades ago are readily apparent, stemming from a loose monetary policy that laid the foundation for the expansion of a housing bubble, said Naoyuki Yoshino, dean and CEO of the Asian Development Bank Institute. Share this post Link to post Share on other sites
titans&bucs&bearsohmy! 2,745 Posted May 28, 2019 1 minute ago, Ray Lewis's Limo Driver said: Rinky Couldn't happen to a nicer bunch of folks. Im also reading articles that the Chinese populace is MASSIVELY burdened with debt. Like as much or more than the US. Loansharks, shady mortgages, etc. It's going to be a sh!t show over here. Share this post Link to post Share on other sites
Filthy Fernadez 2,696 Posted May 28, 2019 7 minutes ago, titans&bucs&bearsohmy! said: Couldn't happen to a nicer bunch of folks. Im also reading articles that the Chinese populace is MASSIVELY burdened with debt. Like as much or more than the US. Loansharks, shady mortgages, etc. It's going to be a sh!t show over here. Housing Authority Minister Sum Ting Wong? Share this post Link to post Share on other sites
titans&bucs&bearsohmy! 2,745 Posted May 28, 2019 6 minutes ago, Filthy Fernadez said: Housing Authority Minister Sum Ting Wong? Yeah. And under deputy Ho Lee Fuk. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted May 28, 2019 11 minutes ago, titans&bucs&bearsohmy! said: Couldn't happen to a nicer bunch of folks. Im also reading articles that the Chinese populace is MASSIVELY burdened with debt. Like as much or more than the US. Loansharks, shady mortgages, etc. It's going to be a sh!t show over here. EVERYONE knows China is unsustainable, and yet people cry about the tariffs. What they should be crying about is China ripping down country sized portions of the Amazon rainforest so they can feed their people, rather than pay the U.S. an honest wage. Share this post Link to post Share on other sites
Chronic Fockster 106 Posted September 15, 2022 Double Bubble? Worst gum made Share this post Link to post Share on other sites
RLLD 3,455 Posted September 15, 2022 On 5/28/2019 at 9:05 AM, titans&bucs&bearsohmy! said: Yeah. And under deputy Ho Lee Fuk. And Crash Bang Boom Share this post Link to post Share on other sites
taco breath 419 Posted September 15, 2022 On 5/23/2019 at 10:59 AM, Filthy Fernadez said: Aren't most those places was that in the top link democratically controlled areas? People are moving out of the high tax shithole areas populate tard ville with some decent fold. Share this post Link to post Share on other sites
Gepetto 977 Posted September 16, 2022 Too bad that hyperinflation thread is gone. It's relevant now. Share this post Link to post Share on other sites
