patrick.net

Fellow "Bubbleheads", let this thread be a periodic update on your own personal position in this Great Bubble cycle.

No shame, no insults. I'll delete any comments that mock or ridicule anyone else for decisions they've made. i.e., No piling anyone willing to admit they've bought, for whatever reason. Pilers oners know who they are.

I'll start things off:

---

Randy H and extended family:

In 2007 we continue to rent, closing in on the start of the third year of renting after over a decade of happy home ownership. We are preparing to rent for another year or longer, but continue to try our best to keep our situation flexible. Renting is an enormous pain in the ass given our situation. We're prepared to pay a reasonably hefty premium for a house: Wheel chair ramps for elderly parents don't easily install in rented McMansions. But these prices are nowhere near a "reasonably hefty premium" yet.

I'm still unsure of how long the correction will take. I'm still sure it is underway. I'm vindicated in my sticky price calls. I'm also sad I was right. I occasionally have wonderful waking dreams in which the remainder of the correction occurs in a single day, and I'm suddenly BBQing in the back yard, all my Patrick.net friends over drinking beer and consuming various charred flesh, surfer-x demonstrating his cannon ball dive into the pool ... oh wait, that's another dream.

Anyway, we're still renting, and still pissed off about it. And it rains too damned much in prime Marin.

---Randy H

#bubbles