Silicon Valley, Videos, Yahoo

Tech Ticker Mocks Me-- Openly

See, this is why Aaron and I are frenemies! Just as I'm going through the final, painful moments of buying a house-- "Um, Ms. Lacy can you tell us the date you moved into that house you lived in more than ten years ago?"-- Aaron posts this video about why you would have to be an idiot to buy a house right now. Fortunately many of the points have nothing to do with San Francisco, where there's not infinite supply and competitive bidding still takes place. Besides, I think the piece ignores the fact that not everyone buys a house as sheer investment. It's frequently an emotional or lifestyle decision, and I'm not sure that's a bad thing as long as you plan on living there a while.

At any rate, if you *aren't* buying a house and want to feel good about it, watch this. The stuff about "real" rates is pretty interesting:

Comments

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Sarah....lots of "stuff" going on with you this week. :)

Take a long walk in the park. Relax. Aaron is just doing his job. This video has nothing to do with you.

Jason! i was kidding! i know it has nothing to do with me! it's just funny timing that the headline was so declarative as we're closing on a house! i'm not that psycho!

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Srah Lacy

Sarah Lacy is an award-winning reporter who has covered high-growth entrepreneurship for fifteen years. Based in Silicon Valley where she's a senior editor at TechCrunch, Lacy travels the world looking for great entrepreneurs.

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