Flip This House
Sell This House
Flip That House
Flipping Out
MTV Cribs
Property Ladder
BARF!!!!!
Make it stop. Please make it stop.
December 18, 2007
Please tell me that these type people, and these housing porn TV shows, are going to go away now that housing has crashed
Posted by blogger at 12/18/2007
Labels: failed flippers, flip this house, housing porn tv, ponzi scheme
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74 comments:
Ron Paul poll.
Please vote.
http://polls.newsmax.com/gop2008/?PROMO_CODE=3EA7-1
And when the economy crashes, I hope these go away too:
Hollywood
Pro Sports
to be replaced with
Buy this House (FB edition)
Flop this House
Mission:Impossible:Sell this House
Apartmentize that Condo
VH1 Classic Cribs
Burn that House Down
Get that Mortgage
State that Income
and
Bankruptcy Ladder
O M Gawd!!!
I saw this dude on a CNBC show flipping some house. He is on tape committing fraud. He is trying to buy a house and he knows the place wont appraise, so he gets his buddy to enter the house without permits to "fix it up" prior to the appraiser visit. Now he can get the numbers he wants.
What a bunch of self-important losers. They all thought they were big-time, wheeler-dealers, movers and shakers. They had no clue.
Some good is coming out of this crash - these douche-bags are finally being taught a lesson.
I hope some channel comes up with the anti-flip-this-house show
"I'm a failed flipper"
"Toxic Mortgage Nightmare"
"I hate my realtor"
or heck
"HousingPANIC"
My idea for some new shows:
Please Rent my Flopped-Flip!
Renters Paradise!
Kiss that declining asset good-bye!
Tell the HOA hell no!
I said long ago that we wouldn't be close to bottom until these shows went the way of the doo-doo bird.
I sometimes pee myself laughing when folks talk about the bottom being here already.....we have many years and much pain before this goes away.
We can all look forward to:
Flip this Ho (Bitch better have my money)
In the coming depression.
Ouch. I just lost some brain cells watching that video. I'm embarrassed for the human race.
Fu%k em! FU%K EM ALL. FU%K ALL OF THESE
ASSHO%ES! OH THE VANITY! VANITY OF VANITIES! I'VE SAID IT ONCE AND I'LL SAY IT AGAIN "THIS HOUSING CRASH IS THE GREATEST THING TO HAPPEN TO AMERICA IN A VERY VERY LONG TIME!"
They're still on and going strong. Check out the CNBC poll released yesterday. Only 16% of people think their house will decline in value. These shows aren't going away any time soon.
My realtor friend in Riverside, CA specializes in listing bank owned properties. Her experiences would make an interesting (although depressing) show. She tells me about the suspense entering a new listing, never knowing how trashed the place is going to be.
Unfortunately, when these housing porn shows are cancelled (and they WILL be as the downturn gathers speed) they are unlikely to be replaced by shows highlighting the crash. Who would want to advertise/sponsore a show that emphasized the stupidity of buying real-estate?
TV programmes that get the green light will always be those that are attractive to advertisers wanting to hawk goods and services.
The really sad aspect of this is that there will always be a tendency to have "happy" shows that demonstrate how much better people's live are due to consumption of some sort or another.
Keith, you forgot "the real state pros" I sort of had a thing for the girl with the horse teeth, LOL
and as for "flipping out" on bravo, it's gonna be the only show to survive,since people watch the show for the meltdowns this guy has than the actual flips.let's just hope he makes it thru the season without committing suicide.
Are both of those guys gay? Or is that how flippers talk?
The whole freaking HGTV is going to go kaput.
Cool.
Cow_tipping.
Well, the current cast and crew may go away, but they will just be replaced by new people when the housing markets returns to normal in 2010 or 11.
Just a reminder to everyone:
Kwanzaa is a made-up "holiday", a joke.
Here's all you need to know:
http://tinyurl.com/26oo7e
I'm from New York ... where do they get these 'soft boys' from and here's a news flash - the faux hawk haircut been out of style for about 6 years - what &%$#-Offs!
Rule #332: Never trust a man who injects collagen into his lips.
I watch those shows and I swear they must all be reruns because no one can make any money these days flipping houses. In fact, the last few episodes I watched the flips failed! They either lost money or almost broke even or decided to live in the place instead of sell it because they didn't think they could recover their money.
New Show Ideas:
Realtor Bounty Hunter
Mortgage Fraud Unit
Title Company Hunt
Illegal Alien property squad
Politician Persecution (PP)
My Favorite:
Where's Suzanne? You CAN do THIS..
DIE U PIGS
But "Buy Me" always kept it real.
Houses didn't always sell. Prices went down. Greed wasn't always successful.
Which one does it to the other?
Arrest them both for fraud or bury them both in the pool concrete.
Never allow this gene pool to replicate under any circumstances. The world could wind up with another Greenspan from this unholy alliance.
They both walk funny. I wonder why?
Sorry but this show "Flipping Out" is awesome. If you don't like it then it's either because you don't like gay people or are jealous of the money flippers made.
Breaking news from the LA Times today. Data just released that housing sales are down 42% over last year for November in California.
Check it out on latimes.com
LA homo flipers.
Pimp my wife and daughter (so my family can eat).
Keith, Keith, Keith....how could you possibly forget the worst one of all?
Kendra Todd's "My House is Worth WHAT?"
and to think that this clown bases ALL of his flipping decisions on a tarot card reader. LOL LOL ROTFLMAO!!
I watched one of his shows the other day and he asked the psychic if he is wrong for not believing that there is a housing crash...the psychic told him that all was well and that we would sell his multi million dollar flips. LOL LOL LOL
Bottom will be in 2012 or even 2013
Ha ha ha ha.
My mistake. California sales are down even worse. 46%!!
Don't forget My House is Worth What? starring KENDRA TODD!! Oh, Kendra, please prostitute yourself the old fashioned way for a change.
Expect these shows to hit countries where second-hand TV content is licensed at a discount. If this kind of vintage programming hits the brain of the "RE always goes up" kind of Eastern European consumer, we could have our own episode of "flipping", with a sobering aftertaste of debt of course.
It amazes me that these shows are still on the air. HGTV is still broadcasting shows like House Hunters, My House is Worth What, and My First House from 2 and 3 years ago deceiving viewers that the housing market is still booming. I even tried to email them to ask why they are still broadcasting these lies but to no avail. This country runs on nothing but media illusions and lies.
"Unfortunately, when these housing porn shows are cancelled (and they WILL be as the downturn gathers speed) they are unlikely to be replaced by shows highlighting the crash. Who would want to advertise/sponsore a show that emphasized the stupidity of buying real-estate?"
Viagra, beer companies, Prozac. Endless possibilities.
These shows, are toast. But so our all the remodling shows:
While you were out,
In a Fix,
Trading Places.
These shows are all paid for by Home Depot, Tool makers like Black and Decker, Lowes, etc.
You think those shows ad budgets are going to be there much longer?
And when it's gone the cable and sattelite providers will drop the channels.
Cheers,
Jeff bought this house from Paris Hilton. He owned it maybe 6 months then sold it to someone else.
These flippers have bad credit because their money is always tied up in buying selling properties and paying subcontractors and for materials.
Jeff too will crash and burn just like all the others. Maybe that's why there isnt going to be another season of this show.
Anyone flipping houses are dead in the water...
> And when the economy crashes, I hope these go away too:
> Hollywood
> Pro Sports
During the Great Depression, Hollywood was booming. Many people had miserable lifes, which they liked to forget for 90min. Pro Sports will provide entertainment, too, but will feel the loss of ads.
Unfortunately, when these housing porn shows are cancelled (and they WILL be as the downturn gathers speed) they are unlikely to be replaced by shows highlighting the crash.
Those shows were produced and paid for who knows how long ago. Also advertising within the shows was sold "upfront". They HAVE to run these turkeys until the bitter end.
> when these housing porn shows are cancelled (and they WILL be as the downturn gathers speed) they are unlikely to be replaced by shows highlighting the crash.
I agree. People will loose interest in real estate when prices continue downwards. Ever tried to have a water cooler discussion about stocks in 2002? Public interest might also be forced into general economics, if the job market weakens. House prices will continue to fall, but the losses, while bigger, will be less noticed than today.
Kendra really is the worst. I watch the ones where the flippers are obviously in over their heads, which is most anything taped recently.
I actually like "Flipping Out" because you can tell Jeff KNOWS he is full of shit and has a sense of humor about it. I have nothing against gay folk. My coolest friend is gay.
I worked in a very similar area of real estate to what's shown on "Flipping Out" for 8 years. My boss wasn't gay but he did like surrounding himself with assholes, probably because he was the KING of the Assholes. Yuck!! What a rotten business!
jeff is the high end casey serin.lol!
I will like to see these jackasses bankrupt. Nothing agaisnt gays, cowboys, or cattle ranchers but man they are annoying.
I noticed the newer shows of this genre the house shockingly does not sell after mark downs and endless open houses. So sad. Just kidding that is so awesome especially when it is a family that needs to sell the old house so they can move into the "dream house" RETARDS!
next deflated asset - college rip off tuition
I just have one question:
Which one of those guys gives it and which one takes it?
Granite countertops are so lame.
I'm sick of granite countertops.
Where will all that stone go?
Flipper headstones?
I love "Flipping Out" Jeff is hysterical. He may have contributed to the housing bubble but at least he has good taste.
ALl the other shows suck!
I love these programs.. my wife and I enjoy very much to see them buy a house, fix it up and then re-sell.. there is a lot to be learned... mainly that people buy based more on looks than on reality. That's just what it is... a cycle.. now housing / credit / economy go down.. but then it will come up.. It is actually a good thing to see and experience these things (as a flipper, as a broker, as a homeowner, as a blogger, etc.) so we know more about people, economoy and reality.. very important skills. Cheers.
.
Nothing worse than an in-your-face FAG!
.
Listening to those fools talk about hundreds of thousands of dollars like chump change makes me want to barf.
I hope they have reality shows that illustrate the crash. And don't think people won't watch; schadenfreude is alive and strong :).
Besides if shows like A&E's "Intervention" can stay on the air why couldn't a "Failed Flippers" get ratings.
But don't you love it...
They are getting so over the top, they just keep drinking the koolaid and buying more properties...
My house is worth what? is just so typical of what is wrong and cause the whole problem....they all think their homes are worth so much more than the mark to market price. At least they are finally seeing some downturn in these shows.
Small Hat
I understand the get-rich-quick-in-re seminar circuit is now focusing on buying foreclosures and ripping-off people who are facing foreclosure. Does TV have the guts to go this route - there's gotta be ad money from shady lenders and rip-off artists and seminar operators...
Can't wait for the "this old box" reruns
I was never able to understand how these people were able to afford their flips on FLIP THAT HOUSE.
They would show people using their credit cards to buy supplies and in the end they would make a big profit.
. Home Improvement Stores and Lenders would always be the advertisers on those shows .
I have said it many times that the last 7 years has been the rein of the Corporations and advertisers, and of course ,the commissioned salespeople .
That money pumping Wall Street with their faulty loans and the advertisers were brainwashing the world .
"You put your house on the market and I'll put my house on the market and blah blah blah."
Count me in as being sick and tired of any greedy schlep that has anything to do with real estate.
Asking moron number one to sell his house just to have a million sounds like pure flipper genius. Just do what all the other sheeple do and get a heloc.
It is funny that you mention this, since I was thinking the same thing while watching HGTV last weekend. I want to see the 2008 follow up on all these success stories! I've noticed that some of these shows end before the house is sold. What an anticlimax! What did I watch the last 1/2 hour for? Lastly, forgive my ignorance, but what does "FB" mean?
anonymous said...
>But "Buy Me" always kept it real.
>
>Houses didn't always sell. Price
>went down. Greed wasn't always
>successful.
Yes! That was the show from Canada, right?
Nothing worse than an in-your-face FAG!
Then get up off your knees, Cupcake.
AS far as I have ever seen, 'FB' came into use as an abbreviation for F$#@ed Borrower.
I understand the get-rich-quick-in-re seminar circuit is now focusing on buying foreclosures and ripping-off people who are facing foreclosure. Does TV have the guts to go this route - there's gotta be ad money from shady lenders and rip-off artists and seminar operators...
T.V. already has late night infomercials touting free foreclosure seminars. They are preying on the drunk late-night boob tube crowd.
yeah - they're both gay - isn't everything on Bravo!
All HP'ers let's start our own new reality show "Realty Check" the show is basically a bunch of HP'ers that mob open houses with a camera crew that are clearly failed flips and are clearly overpriced by showing up with a video camera and drilling the flippers and or agents with WHY NOT LOWER THE FRICKEN PRICE? OR JUST TURN IN THE KEYS! or "DON'T YOU REALIZE THE CRASH?"
Then we'll help ourselves to their brownies and move on across the street.
If we can't get the networks to run it well start HOUSINGPANICTV run a whole bunch of anti flipping shows
might accelarate the inevitable.....
Anyone heard of Lana from TX from one of the HGTV flip shows a hairdresser (avg salary hairdresser??) driving a lexus and wearing expensive clothes. shes hot but what a stupid woman I was cracking up watching how much money she sunk into that ugly fixer upper in Houston she paid soo much money for a disaster and kept using her cc to keep fixing the house and making big mortgage payments while everything keeps falling apart on the house....she tried to save money by even waiving the property inspection
Someone posted the "gains are permanent" comment to the YouTube clip. This used to be posted all the time to HP. I wonder if it's the same person?
---
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.
Renters, and anybody born in a future generation, will not be able to afford a $10,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.
Jesus Christ, CODE PINK on a Real Estate blog?
The Gay Mafia is HERE now?
Keep to yourselves, please.
I will third HGTV's "My House is Worth What?" for the Housing Porn Hall of Shame
That is the worst one bar none. The lords of the crapbox manor show Kendra their new countertops and wainscoting. Then KT brings out some DB realtwhore who tells them what they would put the house on the market for (what their house is WORTH!?!?!) then boom, we're done--happy ending every time!!!
I think that the show would be a lot more interesting if the realtwhore had to pay them the appraised value (in cash, of course) on the spot. Then we'd have a show.
As a Mortgage Professional, I watch to see what their payment is on these flip shows. In almost every case, the size of the payments indicates they bought the house with zero down with either some subprime loan at like a 10% rate, or Hard Money at 15%.
From what I've heard in the real world, even during the height of the housing boom only about 50% of flippers made a worthwhile profit.
Last I checked, there were over 400 flippers who were upside down in Sacramento alone.
>> During the Great Depression, Hollywood was booming. Many people had miserable lifes, which they liked to forget for 90min. Pro Sports will provide entertainment, too, but will feel the loss of ads.
True. But - it's different this time!
Sorry, I just saw you did post my comment.
I take everything I just said back; my bad..
Did those two flippers spend a lot of time working on the back door?
LOVE TO SEE THIS GUY SUFFER
hahahahaha, I just saw the episode of property latter with Lana, what a over privileged brat! I think I got in the wrong business is hairdressers are making enough money to flip houses and drive Lexus's
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