tag:blogger.com,1999:blog-22517597.post115661258243194351..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Bursting Real Estate Bubble and Coming RecessionmOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22517597.post-1158637366713325082006-09-19T13:42:00.000+10:002006-09-19T13:42:00.000+10:00Prices have fallen a lot in Michigan.... yes, in m...Prices have fallen a lot in Michigan.... yes, in many places the market will likely just stagnate for a while. Where I live the median price is a little below the national average. Activity is down a lot in terms of sales but prices are still rising a few percentage points. The East Coast is hardly very uniform in terms of prices and trends. Much less than the West Coast is. We are only 150 miles from the coast... And look at the cheap state of PA (they have low state taxes too).mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-1158629687676476262006-09-19T11:34:00.000+10:002006-09-19T11:34:00.000+10:00i'm not sure that we'll see a national bubble burs...i'm not sure that we'll see a national <BR/>bubble burst in real estate.<BR/><BR/>i am sure that both the coasts will crash <BR/>nd since the majority of the population <BR/>lives along coast, it will seem like there's<BR/>a national bubble burst.<BR/><BR/>There are many places in the midwest that<BR/>haven't gone up in the past 10 years[actually<BR/>went down] so there really isn't any bubble<BR/>for them to burst.<BR/><BR/>Just my $1.25[used to be $0.02, but with the<BR/>rise in real estate prices in CA its worth <BR/>more - for the time being!]Adventures In Money Makinghttps://www.blogger.com/profile/13626547145630159461noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-1156770157394776192006-08-28T23:02:00.000+10:002006-08-28T23:02:00.000+10:00I have a link to Nouriel Roubini and blogs like Ma...I have a link to Nouriel Roubini and blogs like Mauldin, Shedlock, Calculated Risk, and Jay Chen's "World Markets Blog". If even Lereah is bearish things MUST be bad!mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.com