Friday, November 14, 2008

Australia Fair

I'll be away for the next three weeks. I'm going to Australia [Sydney, Cairns, and Melbourne] to fulfill a long-term desire to visit the country and to celebrate my [significant milestone] birthday. I do not expect to post any entries while I'm away. If I do, please chastise me severely.

Preparing for Oz

Before we go, I'm heading to the Grooming Lounge to ensure I make a proper appearance as a representative of the USA and the District of Columbia. No Ugly American I!

I estimate our total travel time from DC to Sydney will be 30 hours, including a minimum 14.5 hours on the plane from LA to Sydney. To make it much more tolerable, I've saved my American Express points for years in order to get two first class seats. Can you believe each seat retails for $25,000?!?

While there, my social secretary has informed me we're going to see Priscilla, visit the penguins, and avoid the jellyfish [my friend Dawn is fond of telling me about the twenty things that can kill you in Australia].

See you in three weeks!

Aussie Aussie Aussie, Oi Oi Oi!


Anonymous said...

Hope you have a great trip--I love Australia!

Keith said...

I returned to DC early this morning. Oz was great, I really enjoyed the trip. Nice people, good food, great sites. I was sad to leave.

youstreet said...

Welcome back!

Did you see this:

Specifically this:

“People are predicting that there are going to be 40,000 transactions,” Ms. Kennedy said.

Whaddaya think?

Keith said...

I'd say whoever thinks there'll be 40,000 transactions simply because of an administration change is smoking whacky tobacky. From December 2000 to March 2001, about 1600 sales were recorded in the District. Since the circumstances were similar - new administration, different party - I'd say to expect a similar pattern [setting aside our current economic collapse].

What this article does tell me is that the average prices for the District will be higher thanks to the sales of higher dollar homes, which have been skewing that metric for a while now.

youstreet said...

Thanks, Keith. I originally thought that 40,000 might be a typo, and that 4,000 was the intended number. It will be interesting to see what actually happens in the local real estate market this time. Incidentally, I moved to DC in March of 2001 (the third of my 4 moves to DC over the last 20 years, don't ask) and can tell you that there was no energy infusion into the city during that time - not surprising what with a bunch of suburbanite Texans moving to town. Great Falls and McLean probably felt the GOP love, but in DC, not so much. This time might be very different with an influx of Chicagoans coming to town.

Keith said...

Even 4,000 in the District alone seems high - that's about half the annual sales volume in the District, pre-boom [and bust].

I think a real estate agent is puffing the market.