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Picture by Isobel T
Most of us have heard of the 16th Centur Pahrmacist/seer Nostradamus who has been credited with the prediction of wars, Hitler, natural disasters, etc.. Unfortunately, or fortunately, he didn't have much to say about the current world financial crisis. One reason is that they didn't have the complex financial systems of today (can you say credit swap?) My point is that it's in our nature to try and make sense of the the trouble we find ourselves in. So who do we turn to for an opinion about the future of Real Estate? Who has the crystal ball?
When it comes to real estate I usually turn to the predictions of economists.....at least for a little guidance. OK, I know what you're thinking: those bozos have predicted the last 10 recessions that never happened. Fair enough, but I have attached a link below to an an article by Economist (and fortune teller) Michael Hudson. He authored the article in the May 2006 issue of Harper's Magazine entitled "The New Road to Serfdom." Please take a look at it. I received permission from Dr. Hudson himself to offer this piece to you. He wished more people had paid attention to the coming problems in the market. Yes, indeed, the future is not what it used to be.
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The City of Kenmore is celebrating its 10th Anniversary! Saturday, August 30, 2008
Beginning at 4PM
The festivities begin at 4PM at Log Boom Park and go all the way to a special outdoor showing of Ratatouille from 9PM to 10:50. This one looks great! Check out more details here for the scheduling of this and other events for the afternoon:
Kenmore is a great Seattle suburb on the Northern shores of Lake Washington - thinking about moving to Kenmore? Search Kenmore real estate!
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The salsa is fresh and the food is wonderful! Acapulco Fresh is a chain, but I love the Kenmore location.
6016 NE Bothell Way # D
Kenmore, WA 98028
(425) 482-0334
Acapulco Fresh has a great menu with lots of choices - I love their Salsa Negra and they have wonderful vegetarian food alongside their juicy meat options. There is always something for everyone here! Go check out Acapulco Fresh when you get hungry!
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