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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   45,217 views  442 comments

by Peter P   ➕follow (2)   💰tip   ignore  

I suspect the Fed is behind much of the stories about reconsidering mortgage interest deduction. (If they were really serious about it, they would stop deductions on interest for second (and third…) homes. I think this is basically a made up story, trying to inject a little caution into potential homebuyers who have trouble reading the writing on the wall.

By EBR

#housing

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279   Jamie   2005 Nov 10, 3:31pm  

I'm sure we could have Huh-10000 tshirts made at cafe press or something. We could confound people. Create an underground craze. Write a blockbuster book with that title. Start an investing craze.

280   Jamie   2005 Nov 10, 3:33pm  

Watch Peter P will eventually just vanish with no explanation. I like how he appears and disappears like that. Like a magic trick, well except that I hate magic tricks, so maybe not like that.

281   Jamie   2005 Nov 10, 3:34pm  

Yeah, I saw that thing about the google quote. Wow, you went to page ten of the search listings to find that. That's dedication to Huh.

282   Jamie   2005 Nov 10, 3:36pm  

My dumb words recorded for posterity and strange people doing google searches of the word "huh." Now that's something to be proud of.

283   Jamie   2005 Nov 10, 3:38pm  

I used to get some really funny search words from people who stumbled upon my website, but last time I checked nothing strange. Sorry, I should explain, there is this website management thingy I can check to see what search terms people used to get to my website.

284   Jamie   2005 Nov 10, 3:38pm  

Wow, fate leading you to obscure Google listings!

285   Jamie   2005 Nov 10, 3:39pm  

Fate must be pretty damn bored and have nothing better to do.

286   Jamie   2005 Nov 10, 3:41pm  

So how is the writing going SQT?

(see how Peter P vanished...or is he LURKING?)

287   Peter P   2005 Nov 10, 3:42pm  

The "HUH" ticker symbol is not taken yet. Let's market something and go IPO.

HUH vs. GOOG

288   Jamie   2005 Nov 10, 3:43pm  

Hmmmm, what can we market? Hmmmm? Banality and self-obsession? Is that selling?

289   Jamie   2005 Nov 10, 3:44pm  

Hey, 2 pages is excellent when you're sick. You're a masochist too aren't you? Go get some rest! You just made your graceful transition.

290   Jamie   2005 Nov 10, 3:45pm  

Sorry you're still feeling badly, by the way.

291   Jamie   2005 Nov 10, 3:47pm  

And then he will go draw a mile-long black line to release the pain.

292   Peter P   2005 Nov 10, 3:49pm  

SQT, rest and feel better!

293   Jamie   2005 Nov 10, 3:51pm  

Get well, SQT. Good night, and thanks for the good trip wishes. I'll think of you when I"m slogging around the San Diego zoo with a two year old crying "No, I want to see the monkeys! No elephants! Monkeys! Monkeys!"

294   Jamie   2005 Nov 10, 3:53pm  

That's the plan, but early would be 7-ish. And since my daughter is a 6AM girl lately, that could actually happen for once.

295   Jamie   2005 Nov 10, 3:54pm  

You're welcome.

296   Jamie   2005 Nov 10, 3:56pm  

Probably. I also haven't packed yet, or printed directions, or figured out where the hotel is... Such a good planner I am.

297   Jamie   2005 Nov 10, 3:57pm  

Oh well head south on 15 and I'm bound to run into San Diego eventually.

298   Jamie   2005 Nov 10, 3:57pm  

A gallery walk? Like you're leading it or what?

299   Jamie   2005 Nov 10, 3:59pm  

I don't mind packing. I just throw a bunch of stuff in a bag. Then I get where I'm going and remember everything I forgot to pack. Heh.

300   Jamie   2005 Nov 10, 4:01pm  

Does SF have good art galleries? I have not visited any there, I am embarrassed to say. But I've visited almost every one in Paris... that counts for somethign right?

301   Jamie   2005 Nov 10, 4:03pm  

NO, I know all about the symmetry is less interesting thing. I still like it.

302   Jamie   2005 Nov 10, 4:05pm  

No, not strictly contemporary. I didn't think of being that discriminating.

303   Jamie   2005 Nov 10, 4:07pm  

That's okay, I can read typos. We'll continue this discussion later. Because I really should like actually pack and stuff now!

Have a good weekend!

304   Jamie   2005 Nov 10, 4:08pm  

Wow, I've been missing out. Okay, it's an unspecified date.

Ciao!

305   Peter P   2005 Nov 10, 4:10pm  

Perhaps we can have a BAHC tour of SF galleries and sushi bars? I will be out of town for 2.5 weeks starting next week though.

306   Peter P   2005 Nov 11, 6:53pm  

Ok SQT, I will try the sleeping sponge method….10,9,8,7,6,5,4,3,2,1……zzzzz

If it does not work, try counting fibonacci numbers: 1, 1, 2, 3, 5, 8, 13, 21, 34, zzzzzzz.

307   Jamie   2005 Nov 13, 12:53pm  

Hey not a lot of action here in the bowels of the thread while I was gone. I'm baaa-aaaaaack! Haaaahahahahahaaaa!

Traveling with kids is an excercise in voluntary torture. Or like lining up to pay a lot of money for the torture. You wait an hour in the line, your feet hurt like hell, just so you can fork over a few hundred bucks for, "Um, I'll take...thorns under the fingernails, and a side of Chinese water torture. Make that a double."

But it was nice to get away, and San Diego was far more lovely than I remember it being 11 years ago, and I'm back and hyped up on coffee. I mean, I really, really liked San Diego. It felt remarkably uncrowded compared to LA and SF, and the sun was great and the palm trees were great and the people were laid back and friendly and unpretentious. Definitely a nice place to be. Like LA without the smog and assholes.

308   Jamie   2005 Nov 13, 12:59pm  

I see we have been called out on the main thread for our silliness. WELL THEN. Huh. I don't know what to say. Huh. Maybe we really should knock out the silliness. Maybe we should start an email list for the silliness. Like a Yahoo group or something. If you want me to sign you up for the Blog Burnout Email List, just email me! We will discuss poetry and the meaning of life and why trolls taste like chicken. My email address is on my website, if you click contact Jamie. I don't want to post it here and have it be picked up by yet another spam bot, but it is probably already been picked up by every spambot in existence judging by the flood of spam I get.

309   Jamie   2005 Nov 13, 1:04pm  

Jack, glad your gallery tour went well. So we have not organized the bubble blog gallery tour yet? What the hell is wrong with you people? Gawd I've drunk nothing but coffee today and everything is vibrating. Oh, but I do not know when I will be in SF again, so DON'T organize that tour just yet. I mean, we need to make sure all the important people are there, right? LOL. Sooooo, anyway, I dunno. We may be there for thanksgiving, or Christmas, or New years, or all three, or one of the three, or none of the three. It's a very complicated thing this planning around my husband's freakish schedule. Stay tuned!

310   Jamie   2005 Nov 13, 1:05pm  

What you don't like my email list idea?

311   Jamie   2005 Nov 13, 1:06pm  

I thought it would be good for those way off topic discussions that go on and on like TS Eliot and stuff.

312   Jamie   2005 Nov 13, 1:07pm  

NOTE TO SELF: do not drink coffee all day without eating.

313   Jamie   2005 Nov 13, 1:08pm  

WTF I"M TALKIGN TO MYSELF. AAAAAAAAHHHHHH

314   Jamie   2005 Nov 13, 1:09pm  

nO, NO, i WAS THINKING OF THAT ALREADY. OH DAMN MY CAPS ARE MESSED UP.

315   Jamie   2005 Nov 13, 1:10pm  

I just don't like polluting the blog. I feel like we should be respectful of the topic and stuff.

316   Jamie   2005 Nov 13, 1:10pm  

Wired doesn't even begin to describe.

317   Peter P   2005 Nov 13, 1:11pm  

I just don’t like polluting the blog. I feel like we should be respectful of the topic and stuff.

Okay, is the Fed trying to prick the housing bubble?

318   Peter P   2005 Nov 13, 1:12pm  

I thought it would be good for those way off topic discussions that go on and on like TS Eliot and stuff.

It is not April yet...

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