Listen to the whole show. Damn, I miss NPR... Note, Greg Swan, the idiot from Bloodhound Realty who called HP'ers 'flying monkeys', in full CYA mode now, is part of the "expert panel", so a real hoot!
Lead-in quotes:
"You can't miss the for sale signs"
"Market seemed to get slower, and slower, and slower"
"I'm stuck with for sale signs all around my house"
and Greg Swan (the Bloodhound idiot):
"It's radically different from a year ago"
"We probably won't have any year over year appreciation in Phoenix, which is normal for Phoenix. If we give back 6% to 8% it's not the end of the world"
September 21, 2006
NPR KJZZ radio report on the bubble
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11 comments:
This radio appearance will prove to be the higlight of Greg Swan's real estate career. I hope he goes out and has a few cocktails to celebrate, because it's all downhill from here and leading quickly to a new career in the food services industry, where spots on radio shows are very few and far between.
basic economics: supply /demand
basic economics: supply /demand
You miss NPR????
I think we know all we need to about you, ya sandal wearin, tree huggin, lefty Commie FAG!
Gay marriage and Abortion are a Great basis for a political party in your world without God!
it`s scary... I GOT GOOSEBUMPS now !!!
Swan is pathetic, if you listen, he bashes buyers for not bargaining hard, but isn't that what a Buyer's Agent Realtor is supposed to do for you? Aren't they supposed to know the market and advise you what you could get these houses for?
"ya sandal wearin, tree huggin, lefty Commie FAG!
Gay marriage and Abortion are a Great basis for a political party in your world without God!"
Anon 5:17:12 PM, you're a douche. How's that closet homo thing going anyway?
Greg Swan - what a douchebag...
Greg Swan and Larry Nerd-baum are both losers
This is a great listen!
Greg Swan is a mini David Liarrhea.
Hear him spew his spiel on how Phoenix is still a great place for real estate investors --IF-- (as he says this his speach speeds up to try and hide the facts like the fine print on an option ARM) you can put enough of a down payment (what 40%?? someone do the math for me on the average Phoenix sh*tbox) to make the paltry rent of 950.00 - 1150 you're going to get make your investment cash flow positive.
He even has new phrase (at least new to me) to add the lexicon of the REIC lies: "Nobody is going to sleep outside."
Oh Greg how very very wrong you are.
Ahh my bad what he actually said was "Nobody is going to sleep Outdoors."
Naturally he has a topic up on his blog about it. I stopped by to thank him for the fine entertaining show.
http://tinyurl.com/eq97v
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