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May 5, 2004
it's not a hot flash, it's a power surge
Workin' from home today, as the power is out yet again at work. Earlier this spring it was the lights, but not the plug-ins, but today it's everything but the phones. I theorize that there's a secret superconductor experiment going on down in the basement of my building, which draws power away periodically from the heating and cooling systems and/or the electricity from time to time. Here's hoping their neutrons collide properly today. I'll be heading back up there when the coast is clear, which they say is by Noon or so.
Check out the 'Realtors on Crack' entry from the In Shaw blog. She writes about the insane home sale prices in my neck of the woods, an area where many queens still fear to tread.
Posted by jimbo at May 5, 2004 9:36 AM
Comments
Yeah. We are experiencing the same "real estate" woes here in the mountains of NC. Rich, retired Floridians are moving in so the prices have skyrocketed. Makes it hard in the local working man, I tells ya.
Plus, I was doubtful about "clean shaven" but it looks good.
Posted by: Chas. at May 5, 2004 12:33 PM
Housing is still pretty cheap in Tucson, although the value of my house jumped 66% in the 4.5 years since I bought it.
Posted by: homer at May 5, 2004 1:06 PM
Its interesting how the house Rob and I are bidding on would go almost triple the price if located in DC. Hence one of many reasons we are moving to Baltimore, the prices are a tad more reasonable.
Renting and Buying property here in DC has gone ridiculously high.
Posted by: Dax at May 5, 2004 1:17 PM
If it is anything like my experience, it is everybody downloading the latest patch for the latest worm which is drawing every ounce of electricity from the grid.
Posted by: first mom at May 5, 2004 2:27 PM
Housing prices are crazy, and the people buying now are going to get hit pretty bad when the bubble finally bursts and the homes aren't worth nearly as much as when they bought.
Posted by: Burl at May 5, 2004 9:13 PM
I used to think there was a bubble here in SF, but prices kept going up. Dot-com bust, lofts paused, but houses kept going up. Now everything is still going up. Only one thing can stop it...
Got earthquake?
Posted by: rob at May 6, 2004 2:00 AM
It's not a bubble! It's not a bubble! And don't let the fact that I'm selling my house make you doubt my credibility.
I actually do think this will all slow down when interest rates rise but I don't think there's going to be any big crash.
Posted by: Logan Circle Guy at May 6, 2004 6:20 AM