Economic Collapse

[excel]

I was talking with a client yesterday a real estate agent. I was consulting on a home about to close about an insulation problem.

I mentioned he had better work his butt off now and stash away as much as he can because even the PC capital of the world the Pacific Northwest is going to crash just going to take longer then the rest of the US.

He agreed which surprised me a bit but then I thought wait a minute he is around same age as me and has seen the cycles as I have.

We have HUGE bubble out here.

He says he has made 9 offers on property for clients and was out bid for every single one.

He told me about a client near the CESS POOL Seattle that had a 1903 farm house. It went on the market after the bidding war it sold for 225K higher then the asking price for a TEAR down property.

People never learn.

But they sure do want us to bail their sorry greedy ass out when they go short sale.