Monday, March 17, 2008

I'm calling a moratorium on the housing bust and national (international) economic news.

Unless, of course, momentous events overtake us.

But, really, what the hell can I do about it? I never set out to be an angry old perma-bear, cranky, end-of-the-world, everything is going to hell, you young whippersnappers just don't know what's coming.....sort of blog.

It shouldn't be ignored, it needs to be talked about -- just not always by me.



I decided during Linda and my drive to Prineville, by back roads, that I just like the openness and cleanliness of the high desert. Bend is sort of split down the middle, half pine forest, lakes and rivers, and the other half, juniper and sagebrush and wide-open spaces.

I live on the east side. The westside just seems to closed in and messy and claustrophobic to me.

Driving by all the old ranches out east of town, it occurred to me that growing up in Bend, there were basically two industries.....logging and ranching, and connected to both was the hunting and fishing. The tourism industry, outside of skiing, grew into the pearl it is today because there was a tough grain of sand, old westerners, who were already living the life-style, partly by necessity and partly by choice and partly by tradition.

It was almost a rite of passage to work clearing brush, or bucking hay, or working in the woods or in the mills.

It seems as though the ranching is still hanging on, maybe by a few bales of straw, but it's still out there.

I hope we never lose it.

13 comments:

News Junkie said...

"I'm calling a moratorium on the housing bust and national (international) economic news."

...I was coming back to suggest exactly that after reading and mulling over your first entry of the morning.

I live on the eastside too. The westside has its plusses, but it just feels like we have a little more breathing room over here, don't you agree? And the ladies in the grocery stores seem to haul around a little less bling.

Anonymous said...

"It seems as though the ranching is still hanging on, maybe by a few bales of straw, but it's still out there."

Don't worry about the farmers and ranchers. They are cleaning up right now -- their products are fetching very high prices right now. Input prices are also high (oil, fertizer), but overall it's a very good time to be in agriculture, no matter what part of the country you're in.

***

"Oregon ag sales set another record" Capital Press

Oregon agriculture had a record year for sales in 2007, according to an Oregon State University study, topping the previous record set in 2006 by nearly $500 million and continuing an upward trend that has seen annual sales skyrocket to nearly $5 billion.

In a year that saw wheat prices top $12 a bushel for the first time ever, grain sales were up the most among Oregon commodities, jumping from $214 million in 2006 to $370 million in 2007.

Cattle and calves continued a strong upward trend in sales, jumping from $636 million in 2006 to $711 million in 2007.

***

Duncan McGeary said...

Newser, Yeah, it's a little much, even for me.

I think the east side is a little more down to earth. The whole westside mystique is a relatively new phenom....I don't remember it existing when I grew up. West Hills, maybe, and by the river, but other than that. There were equally desirable neighborhoods on the east -- which have gotten older, granted, but have more character.

The westside had it's charms, but I think it was flattened by snobbishness. The original charms seem to be all but gone, to me.

(I grew up on Roanoke Ave., walked to school, and loved the West Hills to roam.)

Duncan McGeary said...

Jeff. Good to know! Thanks.

Anonymous said...

Eastside is paradise, hell yes, lets all drink to that.

Some of the cheapest, and downright awful crap-shacks in Bend, are on the east side, east of SE27th avenue,

Call a moratorium on comic sales, hell, call a moratorium on condo sales,

Hell while your at it, call a Moratorium on building big box stores out at HWY-20, and SE27th, yes the Eastside, the only thing better in Bend, is I-97&Cooley.

Duncan McGeary said...

Somebody's got to vouch for the east side.

There are crap shacks on both sides.

Moratorium...if everyone is going to agree the economy is going to hell, I may just have to get contrary.

Best time to buy in 20 years! Buy those foreclosed pieces of crap. Wait ten years and make real money.

Open a store at the bottom! Best time to take your lumps!

See you over at the other housing blogs, buster, I'm not done talking about it.

Just not on my blog.

Duncan McGeary said...

I actually think this town will be strong in about 10 years or so. It is a great place to live, all the things the bubble guys were saying -- they just overdid it, by magnitudes.

But in the long run?

The buying opportunities will be there in a couple more years -- IF you have cash, and IF you have credit, and IF you have faith.

So most people will miss it.

Commercially, we are also at least two years out, maybe three, and by that time, I'd be buying a buiiding only to become a landlord in a few more years, which I don't want to be.

Anyway, it's going down, and now is the time to start thinking about getting ready to begin cogitating upon the possibility of maybe someday soon really getting going on perhaps start looking.

tim said...

Not every blog has to be a bubble blog.

Duncan McGeary said...

What? I thought housing was why blogs were created.

That and talking about what a brilliant businessman you are.

Or such a Christian.

Or such a Mom.

Or what a rat your boyfriend or skunk your girlfriend is.

Or how the Democrats are the root of all evil.

Or how the Republicans are the root of all evil.

Ummm.

That's about it, I think.

Duncan McGeary said...

Oh, and beer. I forgot beer.

Quimby said...

Ranchers & Salt of the Earths vs. Skiers and Leisure Seekers

I've always thought the problem with Bend is the ski areas. If you examine the towns that have ski areas close to them, I guarantee the asshole/Cali factor increases 10X. Watch Baker City/Anthony Lakes....it's next on the locust-list I fear.

Duncan McGeary said...

Linda was talking about a couple of ranchers that come in and buy Clancy's and westerns.

I used the term down to earth, but salt of the earth is better, as if all pretense and bullshit is blown away by the desert winds.

The old city councils and county commissions in this town would have scoffed at all these big-ticket plans.

I suppose you could say they had no 'vision.' Then again, they probably wouldn't have spent us into a hole.

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