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Tracking the real estate bubble on the Westside of Los Angeles, especially in Santa Monica ... available housing inventory, highlights/lowlights, and the larger economy.
Obligatory Disclaimer: I do my best to accurately report publicly-available data, but take no responsibility for what you do with it!
Contact westsidebubble {at} gmail {dot} com .
Blog Archive
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2008
(230)
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June
(19)
- Monthly inventory update
- A Wile-E moment
- Ancient on Michael x 2
- April Case-Shiller
- Weekly inventory update
- "Charming starter home"
- May DataQuick
- Marble and Gatedness > $1M?
- Weekly inventory update
- Corinth Corinth Corinth
- "casino-style Tuscan villas"
- Bailing builders
- Sunset & Ocean Park sales update
- North of Montana sales update
- Weekly inventory update
- Case-Shiller by zip code
- Ashland
- Media semantics
- $ Million price cuts
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June
(19)
Bubble Links
- Bill Fleckenstein
- Bubble Markets Inventory Tracking
- bubbleinfo.com (Jim the Realtor in north San Diego Co.)
- Burbed - S.F. Bay Area
- Calculated Risk
- Charles Hugh Smith
- Countrywide Foreclosures
- Curbed LA
- Dr. Housing Bubble
- Housing Doom (Phoenix)
- Irvine Housing Blog
- L.A. Land (LA Times blog)
- Manhattan Beach Confidential
- Marin Real Estate Bubble
- Market Ticker
- MarketWatch
- May 5th (Kate in the Valley)
- Mish's Global Economic Trend Analysis
- Nouriel Roubini's Global Economics Blog
- Original LA Land
- Paper Economy
- Paul B. Farrell - Marketwatch
- Paul Krugman - NY Times blog
- Real Estate Comments
- Sacramento Land(ing)
- Santa Monica Distress Monitor
- Soot and Ashes
- South Bay Beach Cities Real Estate Bubble
- Sudden Debt
- The Big Picture
- The Great Loan Blog
- The Housing Bubble (Ben Jones)
- WeHo Homes
- Westside RE meltdown
- Westside Shadow Buyer
1 comment:
It's a natural populist position.
A rise in the prices of gas shrinks (and thus depresses) the American economy by moving liquid capital from individuals to multinationals, to overseas banks. Home prices rising (assuming you buy into the supply side model touted by the party of our current fearless leader) stimulates the economy by building the passive wealth in the hands of the middle and upper classes, which then trickles down (according to the somewhat dusty old patois) into the hands of every "average American."
If you believe otherwise you'd better get used to the idea of voting for Obama... and even he has pretty staid supply side tendencies. Really, if you believe that a housing price decline is in any way healthy for the American economy, you've pretty much got to vote Green or Libretarian and get it overwith.
from the perspective of main stream economists, bubble blogs aren't just contrarian... they're anti-American.
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