It’s nice to revisit some of these old threads just so we can see how deluded people were for how long.

The NYT article reminds me of my own hypothesis that no neighborhood can survive more than one bubble. In the course of my house-hunting and “neighborhood due diligence” I’ve noticed that tracts built around 1989-1991 haven’t “aged” nearly as well as similar tracts built a few years before or after that time. Same goes, to a lesser extent, for developments built right around 1979.