Marin Real Estate Bubble

Regarding the real estate bubble and in particular the Marin real estate market

Occupy Marin Anyone?

Back in the early phases of this blog I speculated whether the inevitable collapse of the housing bubble would finally lead to much needed social unrest over the greed, corruption, crony capitalism, and deception (to name a few) that the housing bubble exposed and which continues today. So disgusted was I with Americans' complacency that I "ended" this blog with "Where Is the Outrage?". It's been nearly two years since that last post and it seems that finally, after numerous bailouts, an ongoing and much needed foreclosure "crisis", failed and misguided attempts to artifically inflate house prices, massive currency debasement, sovereign debt crises that span the world, numerous who-could-have-knowns?, etc., etc., etc. (too much time has passed to review all that has happened, I'm sorry) that it appears to finally have an answer (hopefully only an early answer): Occupy Wall Street.

What I don't get is "Occupy Oakland". Why Oakland? Wall Street I understand as it has been part of the problem. But Oakland? Really? Oakland has been a victim for crissakes. The protesters should be occupying the locales of "the 1%", not the locales of "the 99%". They should be in DC for certain but they aren't. And they should be in the leafy residential communities of the 1% such as, say, Marin, but not Oakland.

So I cordially invite all you protesters to come on over, en masse, smell the smug in our air and occupy Marin. We've tried so very, very hard over the years to discourage the "unclean" from visiting that it is long over due. So please, come on over and stir it up.

...Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security...