Comments on: Would you pay $60,000 for a mattress?

By: Ian Ingram

Ian Ingram — Tue, 12 Jun 2007 04:45:41 +0000

Just open up any copy of Seattle Metropolitan and feast your eyes upon the countless ads for rediculously overpriced Seattle homes and condos.

Is that making the best of your financial resources? To buy a soon-to-be rapidly depreciating asset? Wouldn’t it be better to rent at 1/3rd the cost and buy when values are back in line with fundamentals?

By: ARDELL

ARDELL — Mon, 11 Jun 2007 19:58:33 +0000

LOL, Phil,

No, that thought didn’t cross my mind. In the ad the photo had a big room with only the mattress on a frame. No other furniture and no headboard. I was thinking, I guess after you spend $60,000 for the mattress, you can’t afford any other furniture at all.

By: Phil Hoover

Phil Hoover — Mon, 11 Jun 2007 19:55:21 +0000

Kinda makes you wonder who they’re in bed with, doesn’t it?

By: Robbie

Robbie — Mon, 11 Jun 2007 18:33:22 +0000

I have to admit a $60K mattress is probably a smarter investment than $6000 shower curtains.

By: ARDELL

ARDELL — Mon, 11 Jun 2007 17:43:27 +0000

Bill,

I didn’t live here 25 years ago. I’m talking about my current experiences with my current clients who work at Microsoft and Google. Many were not born in this Country. Possibly that has some affect as well.

By: Bill Waters

Bill Waters — Mon, 11 Jun 2007 17:36:20 +0000

You’re describing how Seattle was 25 years ago, back when the CEO of Boeing was known for driving a beater car to work. There are still a lot of inconspicuous millionaires around here, but that trend mostly faded in the late 80’s with the large ex-cali influx.

Growing up, the first family on the street to have a Mercedes stuck out like a sore thumb. Go to the same area today and any luxury brand car is commonplace until you get into the $100K+ price range.

By: Michael

Michael — Mon, 11 Jun 2007 16:46:39 +0000

what about all those microsoft millionaires who buy ferraris that they can drive 3 months of the year? those cost half a mill.

i’m willing to bet that there are a lot more people than you think making conspicuous purchases. if you take a look at the weekend wall street journal you’ll see ads for ridiculously priced things and they are targeted at seattleites because the journal sells its ads on regional and national bases.