Industry News

Meet the Bubble Blog Participants: Industry analyst weighs in

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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 Veling Work: Real estate industry analyst and consultant, founder and president of Data Strategies Inc., Brea, Calif. Veling reads several bubble-related blogs and participates in the bubble discussion. Q: What makes you a real estate bubble believer, a bubble debunker, or bubble neutral? A: I am bubble neutral because there are too many social and economic variables in the housing market. Supply is easy to quantify but the demand component is not....