[quote=earlyretirement]I think it’s the nature of these former “bubble blog” type sites. I used to spend quite a bit of time on Patrick.net but now never visit it anymore.
I think with the rebound and also the anemic inventory levels…..far less people are interested these days.
I guess if things keep going the way they are going…..soon people will be back calling for another bubble to burst.[/quote]
Totally agree with this, ER. I used to frequent Piggington, The Housing Bubble Blog, and Jim the Realtor’s site every day, but have pretty much stayed only on Rich’s site for the past year or two. When there’s a lot of money to make or lose, people are willing to devote a lot of time to it. I’m sure many of us were spending the equivalent of full-time hours just researching and trying to figure out the RE bubble back in the day, both on econ and RE blogs, and in real life (touring existing houses and new housing tracts, mall watching, asking questions in local businesses, etc.). It actually got to the point for me where many of the salespeople at new developments around North County started recognizing me and figured out what I was doing (getting a sense of what was going on and reporting it back on the blogs), and it was clear they weren’t too keen on it.
But things are out in the open now, so it’s not like we’re this revolutionary operation trying to discover the latest secrets in our jacked-up economy. Yes, I think we’re continuing on the bubble trajectory, but at least a lot of other people, even in the MSM, are talking about it.
Still looking forward to the new bubble debates going forward, and hope to see all the familiar faces once again. We’re still not done, IMHO! 🙂
