Comments on: Portland Case Shiller Index Retreats to August 2005 Level

By: Mr Thrifty

Mr Thrifty — Tue, 07 Apr 2009 03:25:17 +0000

I think the new Mississippi Ave Lofts came out spectacular. What a transformation in that neighborhood. Thank god they didn’t listen to all those whiners who said it was to tall, this city needs all the housing density it can get close in.

PS we’re at the bottom in PDX, enjoy another month of gloating, then secretly hate everyone who gets 12% appreciation on their new loft next year AND gets to live over Pasta Works.

PS II Spent some time in Seattle recently, lack of hipster dufuses and people who can’t get over how incredibly ironic they are was remarkably refreshing.

By: andrew

andrew — Sun, 05 Apr 2009 02:17:57 +0000

yeah, wife and i are hanging onto our fixed rate mortage for the long term. no desire to flip. just live, enjoy, and raise two kids. i’ve perused this blog for a few years, and it’s uncanny to see how a local, pdx blog activity mirrors the national economy.
once hot, now it’s not! take care, all.

By: bearlee

bearlee — Sat, 04 Apr 2009 14:03:01 +0000

Yam yam, good to see you are still around:O)

Where are all the people? I think it finally sunk in that ‘all’ the people moving here ain’t gonna save us and Portland does NOT have strong fundamentals like some proclaimed.

I do hope you were all prepared for this:O(

By: andrew

andrew — Fri, 03 Apr 2009 04:52:53 +0000

i think the next killer market will be setting up and flipping victory gardens in people’s yards. key transfer advice: fix up the worst garden in the best neighborhood and many golden goose eggs will follow.

By: yamyam

yamyam — Fri, 03 Apr 2009 04:02:30 +0000

Can’t say you weren’t warned. Those of us who told the rest of you that it would end in disaster were laughed at, cajoled, ridiculed as having missed the boat, having sour grapes. “They’re not making any more land.” “Buy now or be a renter forever.”

Now look at what the real estate industry in collusion with the lenders and Wall Street have done. They’ve destroyed he economy and sent us on a direct path to a new Great Depression.

I hope you all had fun for those 5 or 6 years. We’re in for many years of pain and suffering as a result.

By: andrew

andrew — Fri, 03 Apr 2009 01:41:59 +0000

wow. where did all the people go?