Last October I posted about my upcoming eviction. I live in the highly desirable neighborhood of Ballard in Seattle. In the past few years rents have increased and developers have been responding to this demand by building more and … [continue reading]
In 2005 I watched the real estate craze from a front-row seat in San Diego. My home value rocketed up to insane levels. Those with homes were drunk with excitement on how much money their home was worth. I … [continue reading]
Catchy title, eh? I exaggerate, but there definitely is an undercurrent of hostility between different parties in the housing crisis. When I posted Mr. Microsoft vs Seattle Billy, the comments exploded. Some of the commenters were justifiably irate with … [continue reading]
Last September in the post Another Reason Real Estate Prices Will Drop Further, I outlined how the banks that got burned by easy lending would be forced to tighten their lending. At the time of the post, Fannie and … [continue reading]
Some of my readers are already familiar with Seattle Billy. For those that missed those posts, here is all you need to know.
- Bought a condo conversation at the absolute top of the Seattle real estate market.
- He used
Back in March, I posted an entry called The Financial Wisdom of Seattle Billy. He is a likable guy, but when it comes to financial decisions, he is the perfect gauge of what not to do. From that post:… [continue reading]