Washington Housing Bubble

Is the bubble on the verge of bursting? Check out this picture of a bench near a condo complex at the Dunn Loring metro stop (orange line). Not sure why you’d want to live out there anyways…about a 1,000 condos, they all look the same, and it’s a traffic nightmare out there.

Thanks to Bubble Meter on blogspot.

This entry was posted on Friday April 21, 2006 by Tom Cochran. You can skip to the end and leave a response using the comment form.

    1. Jamie says:
      Apr 22, 11:39 am

      Check it out, Tom—the Post actually sent someone out there to take a photo, and printed an article today about real estate speculators being “in full retreat” in DC. When the ad-dependent mainstream media start reporting on slow sales, I take it as a sign there’s something afoot.
    1. Tom says:
      Apr 22, 06:10 pm

      Does this signal the end of real estate speculation? Or the end of being able to sit on that bench?
    1. Jamie says:
      Apr 23, 10:43 am

      And wouldn’t you think the city would take an interest in a sudden infestation of lockboxes on a municipal property? Or are they putting in this kind of bench specifically in anticipation of the need for a place to put lockboxes?

F-Shaped Pattern For Reading Web Content

MLB.tv running on Linux with Firefox and mplayer