Nothing like a good Chron rant: "The housing market is tanking. Has tanked. Is still tanking. And you know it's tanking when even homeowners in normally bulletproof San Francisco are getting nervous, when real estate blogs from here to SocketSite are all posting items about how even ridiculous multi-million dollar Pacific Heights homes and downtown luxo condos are slashing 50 thousand, 100 thousand, 1 million bucks off their sale prices to stimulate interest, and while there are still gobs of dot-com money floating around, most everyone is feeling very edgy indeed. But hey, at least you have that IRS rebate check coming, right? Smell the economic stimulus package! Mmm, futile." [SF Gate]
Filed under:
Loading comments...