A day doesn’t go by without an article in some major newspaper about the housing bubble, when it’s going to burst and what will happen to the economy. Personally, whether or not we’re in a real estate bubble isn’t as interesting to me as the musings about the minutiae of it all.
One of the more entertaining reads on this topic can be found at http://housingpanic.blogspot.com/.
Unrestrained by the confines of traditional journalism, blogger Keith B asked his readers on December 17th: Why are you interested in reading about the housing bubble?
Why are you here at Housing Panic?
Renting and thinking about buying?
Interested in economic theory - bubbles, manias, panics?
Thinking of selling your house and want to make sure you’re doing the right thing?
Think people who believe there’s a bubble are nuts?
Click on the comments—-and let me know if you’re as surprised at some of the answers as I was (hint: ever wonder where your stockbroker gets his or her ideas?).
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.