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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
13 comments:
Keith,
I have been an HP'er since late 2005. Live in Baltimore now, moved from DC area in 2004. I post as an anon and drop in 1-2 times a week. Very, very familiar with all the housing issues. Would love to clue in the mainsteam press.
I sent you an email.
That's home, but it's all too pathetic, Keith.
I used to watch 'Homicide', now 'The Wire'. I can talk a mile a minute...and I know absolutely nothing about the subject at hand!
Perfect!!!
no NOVA love? the local rags are pretty clueless here too!
Remember to sneak in my name during the news report, and how I blatantly stole over two million dollars, which I then blew on Jamba Juice.
Every day I wake up outside of a jail cell is a slap in the face to all honest home-owners who keep their bills current. Sweet deal!! For me, that is...
Keith-
I'd be willing too, though I don't really conssider myself an "HPer", more just a daily visitor. I have had a few posts under my user name above, but for the most part I don't completely agree with everything thats said on this site.
I currently "own" a home in Prince William County (NoVa), which has been hit very hard by forclosures. NOt sure if this qualifies as DC Metro, but figured I'd at least volunteer for you to shoot me down.
Let me know if you'd like me to participate.
Keyser Soze said...
I used to watch 'Homicide', now 'The Wire'. I can talk a mile a minute...and I know absolutely nothing about the subject at hand!
Perfect!!!
THE WIRE IS THE BEST TV SHOW EVER!!!
The show will surely be a future University study of the great failure of this country.
RayNLA
How about the market in the midwest? For at least 10 years, values in Kansas city steadily creep quietly upwards by 3-5% each year. This is the kind of normal appreciation you'd expect as opposed to the astronomical boom on the coats.
However, for the first time during my 7 years of home ownership, my county appraisal value has dropped from 161,500 to 159,000.
Looks like the tsunami is finally making it's way from either coast and getting ready to slam us here in Kansas!
Hopefully, we won't be hit near as hard since we haven't seen skyrocketing appreciation. Yes it'll be bad, but not the pandemonium you see in CA and AZ right now.
i'm in nova and depending on the potential interview substance, i'd be willing to talk and mention mr serin
Keith,
I left Balt in 1971, never went back there to live, but family is all over Balt/DC/Maryland. Plus I've worked there half my life. And sold property there during the bubble. Count me in if needed. Sent you an email..
I will do it I have lived in Baltimore since 2001. I have lived in Charles Village, Towson, and Hunt Valley. I work in DC and I am getting ready to move to VA.
Burn Baby Burn
Since, you're talking about the DC/Balt metro. There's a homebuilder called NVR which does 50% of its revenue in this area. I was recently looking at charts (past 15 years) of the 12 largest publicly traded homebuilder stocks. Elevan of the charts look the same. NVR's did look the same until about 3 years ago. Its stock price seems to magically stay elevated near Pluto.
Anyone know why the NVR stock price is immune to the downturn? Thanks
Don't forget Northern VA--we have a godawful bubble here too..and its crashing.
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