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By: | Dec 23, 2015 | Report Comment
RE: Interesting read but if he sees inflation towrdas the end of the decade what will he expect now if QE and extended period of low interest rates are ousted along with Bernanke? Maybe inflation in 20 years? I don't buy his fiscal stimulus idea, it sounds like Japan in the 90 s when they though the economy wasn't too bad and they could beat deflation via tax cuts and big spending projects. Japan recovered only when toxic assets were unloaded by the zombie banks a decade later. Hate to say it but if Bernanke is no longer here juicing the big banks by unloading their toxic assets they are just gonna be another zombie bank, meaning repeat of Japan. Yeah lower RE prices!!! BOOOO decades of deflation and deficits!!! Rate this comment: 0 0
By: | Dec 19, 2015 | Report Comment
Seattle PI is reporting that two major condo dvemlopeents are headed for auction in the coming month, both were developed by Schinitzer NW. The Brix is located in the heart of Capital Hill on Broadway, and the Gallery is located in Belltown, both great locations for a condo development. The minimium auction prices seem to be approximately 50% to 55% off the reported previous price , however the previous price seems to be high even for the top of the market. Previous auctions, Press, Lumen, sold for approximately 40% off the top of the market. A third project by this same developer was reportedly flipped from condos to apartments earlier this month. This has got to be brutal for this developer. There is no way you can rent out a project built to condo standards and break even. I am guessing the lender is taking all of the cash flow from the rental, and all of the auction proceds from the two projects to be auctioned off. Rate this comment: 0 0
By: | Dec 19, 2015 | Report Comment
This information is off the hziool!
By: | Mar 25, 2013 | Report Comment
This aritcle keeps it real, no doubt.
By: | Mar 25, 2013 | Report Comment
bigmansmile
sjmoore | Region 2
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