Comments on: real estate bubble? http://www.davehayes.org/2006/08/30/real-estate-bubble Bored, angry and only marginally intelligent. Sat, 16 Apr 2011 05:22:11 +0000 hourly 1 http://wordpress.org/?v= By: Bob http://www.davehayes.org/2006/08/30/real-estate-bubble/comment-page-1#comment-760 Bob Wed, 13 Sep 2006 04:01:20 +0000 http://www.davehayes.org/2006/08/30/real-estate-bubble/#comment-760 My 'standard existing house' in 2006 was an empty corner lot in 1999. I'd agree that the spike in the last 10 years looks anomalous, but i will say that the average house 20 years ago probably had one less bedroom, one less bathroom, no central a/c, fewer amenities, unfinished basements, etc... Does that justify nearly doubling the base 'average'? No, but it should influence it upwards. Plus, the bubble can't be allowed to pop until we after we sell our home. My ‘standard existing house’ in 2006 was an empty corner lot in 1999. I’d agree that the spike in the last 10 years looks anomalous, but i will say that the average house 20 years ago probably had one less bedroom, one less bathroom, no central a/c, fewer amenities, unfinished basements, etc… Does that justify nearly doubling the base ‘average’? No, but it should influence it upwards.

Plus, the bubble can’t be allowed to pop until we after we sell our home.

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