I agree with the fellow poropsing a fourth option this whole real estate speculation bubble is not some sort of accidenbt of nature that just involves a minor tweak to governmental policies or atitudes of lenders and borrowers. This is a direct result of 25 plus years of Reaganomics, that the Democrats have endorsed as much as the Republicans. And for Seattle this had been compunded by our long history as a boom and bust town. The wave of housing speculation around here is only the most recent Northwest economic bubble. And the state, city and county are always so very eager to pretty much allow the speculators and developers to have their will with things.

by Eduarda 06:09:20 PM 2012.07.25