Bloggers Roundup
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The Housing Bubble Blogger has a feature story today on speculators buying up condos in Las Vegas. Interesting take on condo speculation in that town. I had friends who went to UNLV and their parents would buy a condo and then sell it after graduation. Made some good money doing that.
The Boy in a Big Housing Bubble has a post on the coming battle in the Congress over the plans for a reduction in the mortgage deduction. As he so eloquently puts “Maybe everyone just knows there’s a better chance of Cicely Tyson fighting Mike Tyson than there is of Congress battling to reduce the mortgage interest deduction in an election year (or any year for that matter).“
Socket Site talks about the damage that interest only mortgages can cause in San Francisco. Even the realtors are fearful.
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