Tuesday, June 13, 2006

It's a Soaring Balloon, Not a Bubble

The real estate blog of the New York Times noticed the billboard photo that I posted recently.

Remember the idea that the real estate market is not a bubble, but a balloon? Check out this billboard that has appeared around California, where home sales are not soaring.
Here's another blogger's interpretation of that soaring balloon.

3 comments:

rocklin renter said...

burn baby burn

Sounds about right.

Anonymous said...

The remax sales balloon is soaring so high in Stockton, that today one of their realtors from came door-to-door to give us her card and share a list of available properties. She just "happened to be in the neighborhood." I guess the open-house scheme isn't as productive as it has been.

Happy Renter said...
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