Time for the local real estate sales force to drag out their frazzled pom-poms and lead the cheer that nothing bad has or will happen to the local market.   Before they declare victory perhaps they should wait until the unsustainable capital expenditures under Parnell  (that hyper inflated the Alaska economy) dry up and the operating budget reflects fiscal reality when the CBR is finally gone. 

A few years ago the Legislature and Governor at that time threw the dice and lost the bet  that by now we would be selling "a million barrels a day" of oil at over $100.   Of course many of those who brought you this looming disaster are still in elected office. They apparently haven't learned a thing, and now are either in denial or hoping to blame Bill Walker (or both). Meanwhile they are praying for just one more oil boom or that somehow a gas export pipe dream will become economically viable.    Tick, Tick, Tick.........