Housing Bubble Blog Bubble

[carlislematthew]

I saw it happen down in San Diego with Piggington (http://piggington.com/) and it's going to happen here. Too many people posting, too many blogs, too much fuss. That site was great, but now it's a shadow of its former self.

Face it, the number of bubble blogs has got way of control and is going to revert to the mean. Fundamentals, man...

This bubble blog is doomed. DOOMED!

[rose-colored-coolaid]

I recently read in the MSM that bubble blogs were going to continue increasing in number and quality, and that the rate is increasing. Look at this completely not-made-up chart.

Year # of bubble blogs
2001 2
2002 6
2003 24
2004 120
2005 720
2006 5,040
2007 40,320
2008 362,880 ???

As you can see, the number of housing bubble blogs is clearly increasing at a factorial rate. In 2006, we reached 7! housing blogs. By 2011, we will have approximately 1.5 bubble blogs per US citizen. For that reason, I am advising that people purchase stake in bubble blogs today before they are priced out forever.