Industry News

Meet the Bubble Bloggers: Patrick Killelea of Patrick.net

Part 2: Patrick.net is among bubble blog leaders

Editor's note: Talk of a real estate bubble, brewing for many years, has spawned an assortment of real estate blogs devoted to bubble talk and statistical analyses. These bubble sites offer a counterpoint to industry data and mainstream media coverage, and have gained a following among consumers and industry analysts alike. Several "bubble bloggers" -- some named and some choosing to remain anonymous -- have shared their views with Inman News. (Read the intro to this series, "The rise of real estate bubble blogs.") Name: Patrick Killelea Occupation: Engineer/programmer Blog site: http://patrick.net/wp/ Audience: About 5,000 readers per day Q: What makes you a real estate bubble believer, a bubble debunker, or bubble neutral? A: Owners and real estate businesses have a large vested interest in downplaying the bubble, no matter how real. Most renters are neutral, since they would probably rent anyway and don't really win or lose regardless of what happens to owners. But there is a smal...

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