SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (56873)3/26/2006 12:17:30 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
As I wait for my flight to leave, am testing airport wireless, spotted some more very good housing Bubble satire;
thehousingbubbleblog.com

Comment by John in VA
2006-03-25 21:42:44

Well, here in Loudoun County, VA, the building is still proceeding at a furious pace. Even with all of the For Sale signs and a 300% increase in inventory over last year, new developments are underway everywhere, especially in Ashburn, which has got to be the poster child for suburban crappification. Nothing but a sprawling mishmash of poorly constructed townhouses interspersed with McMansions and strip malls. And the townhouses are so bland and homogenous, it looks like they were stamped out on a factory assembly line and wrapped in light-gray vinyl siding. I don’t think the Soviets could have produced more depressing housing. To amuse themselves, builders give these vinyl ghettos hoity-toity names like “The Landing at Sheffield Run” or “The Chase at Derwood Pointe” (everything has an “e” on the end because the association with England apparently triggers some Pavlovian response in status-conscious Americans). I think that up to 40% of the properties that were sold here in 04 and 05 were bought by speculators and they’re bailing out just as a ton of new inventory is about to come tumbling out of the pipeline.

Reply to this comment
Comment by arroyogrande
2006-03-26 00:33:42

I wonder if they could get away with calling one “The Sphinctres at Mei Butte”.

Reply to this comment
Comment by txchick57
2006-03-26 04:24:44

LOL. How about “The Money Pittes At Dumpwater Creeke”

One stop source on the important literature and commentary on the housing mania, send to everyone you know:
en.wikipedia.org