Money.CNN on Los Angeles – From “Bubble-Proof” to “Poised to Fall”

This topic has 15 replies, 4 voices, and was last updated 16 years, 5 months ago by patientlywaiting.

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November 18, 2007 at 2:55 PM #10933

brian_in_la
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Money.CNN provides an interesting example of bubble denial finally breaking. Last November (2006), they deemed Los Angeles “Bubble-Proof” – this year they are suggesting a five year decline of 24.1%. Well, they are a year late, but I suppose better late than never…

http://money.cnn.com/popups/2006/biz2/newrules_bubbleproof/2.html

http://money.cnn.com/galleries/2007/fortune/0711/gallery.real_estate.fortune/11.html

November 19, 2007 at 12:13 AM #101008

kev374
Participant

if they are saying 24% drop, I would put it more like 40% drop!

November 19, 2007 at 12:13 AM #101094

kev374
Participant

if they are saying 24% drop, I would put it more like 40% drop!

November 19, 2007 at 12:13 AM #101107

kev374
Participant

if they are saying 24% drop, I would put it more like 40% drop!

November 19, 2007 at 12:13 AM #101121

kev374
Participant

if they are saying 24% drop, I would put it more like 40% drop!

November 19, 2007 at 12:13 AM #101125

kev374
Participant

if they are saying 24% drop, I would put it more like 40% drop!

November 19, 2007 at 12:04 PM #101213

noone
Participant

Classic! There should have been a disclaimer:

* Bubble-proofiness is measured in months not years!

November 19, 2007 at 12:04 PM #101300

noone
Participant

Classic! There should have been a disclaimer:

* Bubble-proofiness is measured in months not years!

November 19, 2007 at 12:04 PM #101312

noone
Participant

Classic! There should have been a disclaimer:

* Bubble-proofiness is measured in months not years!

November 19, 2007 at 12:04 PM #101328

noone
Participant

Classic! There should have been a disclaimer:

* Bubble-proofiness is measured in months not years!

November 19, 2007 at 12:04 PM #101355

noone
Participant

Classic! There should have been a disclaimer:

* Bubble-proofiness is measured in months not years!

November 19, 2007 at 12:56 PM #101233

patientlywaiting
Participant

A classic for sure!

I’m sure the first bubble proof story enticed a few buyers to catch the falling knife.

November 19, 2007 at 12:56 PM #101319

patientlywaiting
Participant

A classic for sure!

I’m sure the first bubble proof story enticed a few buyers to catch the falling knife.

November 19, 2007 at 12:56 PM #101331

patientlywaiting
Participant

A classic for sure!

I’m sure the first bubble proof story enticed a few buyers to catch the falling knife.

November 19, 2007 at 12:56 PM #101347

patientlywaiting
Participant

A classic for sure!

I’m sure the first bubble proof story enticed a few buyers to catch the falling knife.
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