Is There a Bubble in Housing Bubble Blogs?
by Mr JugglesGiven Johnny Debacle’s large personal investment in the Denver housing market, all of us here at Long or Short try to keep an eye on the housing market. As a collective, we are skeptical that housing trends will hold up and are worried about having to bail Johnny out of his housing debacle.
Even more concerning, however, is the emerging bubble in housing bubble blogs. These blogs, devoted to detailing the demise of the housing and refi boom, have begun to proliferate more quickly than Freedom Loans or all those anacondas I let loose in the Everglades in the 80’s.
Evidence: in just one query on Google’s blog search, I turned up the blogs below. Undoubtedly, there are more out there. Is the public aware of this pernicious threat? What is being done by Greenspan/Bernanke & Co to ensure a “soft landing”? We need answers, the Fed, and we need answers now.
http://bubblemeter.blogspot.com/
http://housingpanic.blogspot.com/
http://thehousingbubble2.blogspot.com/
http://socalbubble.blogspot.com/
http://bighousingbubble.blogspot.com/
http://seattlebubble.blogspot.com/
http://www.nyhousingbubble.blogspot.com/
http://www.theburstingbubble.com/
http://www.piggington.com/
http://housebubble.com/
http://marinrealestatebubble.blogspot.com/
http://getforeclosures.blogspot.com/
http://bubblebobbleisthebestgameever.blogspot.com/
Please, the Fed, raise the blogging interest rates or constrict the blog money supply now. The Irrational Blogbooberance must stop now.
You missed one of my favortes:
http://anotherf*ckedborrower.com
It provides a great deal of insight into how we’ve arrived at this capitalist nirvana where we’re all paper millionaires without having earned any money.
We Brits are rarely first with anything – except perhaps democracy and hospital superbugs – but we’ve lived with the threat of a bubble for 3 years now, and it’s passing. It won’t mean that people will stop reading http://www.housepricecrash.com, though. Blogs with “bubble” or “crash” in the title are like slasher movies, they’re there to give homeowners nightsweats and renters a hard-on.
To be fair, there is a bubble.
….or is there?
You are clearly just jealous because you did not start a housing bubble blog in time, and you’ve missed out on all that upside opportunity.*
* – By which I mean 25 cents per day from Google ads
Well I wonder if this is a bubble? We had 500 houses sitting on the market in 10/04 here in Reno, NV. By 10/05 we had 3500! And the prices make Vegas look cheap. So you guys tell me, do we have a bubble? There is an old Arkansas phrase that applies here. A blind man can see with his cane that there is a bubble. No disrespect to those with disabilities.