tag:blogger.com,1999:blog-18675105.post116721031231718012..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: HousingPanic Stupid Question of the Daybloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger100125tag:blogger.com,1999:blog-18675105.post-1167858217286669652007-01-03T21:03:00.000+00:002007-01-03T21:03:00.000+00:00"Even in California I am amazed at how all my fami..."Even in California I am amazed at how all my family and friends survive and seem to make out so well since I'd never live there because of the high cost of living."<BR/><BR/>Yeah but I guarantee you wish you were one of us that bought a home in CA in 2001 now worth 3 times! But you chose Austin :-(Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167845203181840932007-01-03T17:26:00.000+00:002007-01-03T17:26:00.000+00:00dumbhomeowner said he pays $1500 for a 4 bedroom a...dumbhomeowner said he pays $1500 for a 4 bedroom and that the renter paying $1900 for an apartment by LAX is an idiot. Maybe.<BR/><BR/>There are many places where people pay $1500 or less for a 4 bedroom...just not many in California unless they bought years ago...oh, yes, rents don't go up do they?<BR/><BR/>Here in Austin there are plenty of house for less than that a month PITI and Austin is expensive by Texas standards and not a hell hole place to live. I pay that for a half million dollar place and no it isn't interest only, fifty year loan but a fifteen year loan and yes that payment is 15% of my income. Not everybody out there is over extended.<BR/><BR/>And yes, here in Austin you can easily pay $1500 for a 2 bedroom apartment in the Central city. Sure I can rent for less...not my house because homes this size and in the hills go for $2100-5000 a month, but a small efficiency or one bedroom, sure I can find one for $500-650 and if I didn't have a family and plan on living here maybe I would if it would help me meet a goal.<BR/><BR/>I guess that is the one thing that gets old on this site, people thinking every homeowner is stupid and every renter is brilliant. As I've posted before, only about 10% of the people I know via work or friends has financial troubles or one paycheck away from the door. The rest are doing okay or well. Even in California I am amazed at how all my family and friends survive and seem to make out so well since I'd never live there because of the high cost of living. <BR/><BR/>To own or rent is a personal choice based on your personal goals, needs, and finances. Stop putting everyone in the same basket.foxwoodliefhttps://www.blogger.com/profile/09348399460824769686noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167788515992439102007-01-03T01:41:00.000+00:002007-01-03T01:41:00.000+00:00"I am paying $1500 mortgage for a 4 bedroom home w..."I am paying $1500 mortgage for a 4 bedroom home with 2800 sq ft. "<BR/><BR/>More details biotch. Interest Only crowd? Neg-Am clan? 50 year mortgage tards? Which one is it!!??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167760991674773362007-01-02T18:03:00.000+00:002007-01-02T18:03:00.000+00:00oh oh someone's getting paranoid about the FBI.......oh oh someone's getting paranoid about the FBI.....better run to the Mountains of Montana and hide outAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167760804491712282007-01-02T18:00:00.000+00:002007-01-02T18:00:00.000+00:00I like HP. I like to keep tabs on what the extremi...I like HP. I like to keep tabs on what the extremists are thinking/doing. If blogs were around back then, who knows, the OKC bombing may have been prevented.<BR/><BR/>All I can hope for is that the FBI is watching, taking notes and recording IP addresses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167727498503522392007-01-02T08:44:00.000+00:002007-01-02T08:44:00.000+00:00SANE PERSON....not the one with the 45% arguement....SANE PERSON....not the one with the 45% arguement...I'm the one with sales are down about 40% in my area arguement...I did agree with the 45% arguement if you have to sell now off the peak price out of necessity...Lender at here in salinas was telling me about how banks are taking a bath because people are just giving up trying to pay the mortgages...he was talking about 15 a week which in a small city like Salinas is quite a few...in the end some places will be hit hard some not as hard BUT overall it's a sad situation that will hopefully make Americans wake up and quit getting fucked with out drinks and dinner firstAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167704285676885362007-01-02T02:18:00.000+00:002007-01-02T02:18:00.000+00:00WOW!!! Only $1900 for a 2 bedroom apartment. It's ...WOW!!! Only $1900 for a 2 bedroom apartment. It's 897 sq. ft too!! And only minutes from LAX...those 747s sure must be soothing at 1:00am<BR/><BR/>I am paying $1500 mortgage for a 4 bedroom home with 2800 sq ft. Boy oh boy, I sure wish I was a renter instead.<BR/><BR/>http://tinyurl.com/y2veocAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167704057326447882007-01-02T02:14:00.000+00:002007-01-02T02:14:00.000+00:00Look at this lovely studio apt I found in L.A.. On...Look at this lovely studio apt I found in L.A.. Only $1200 a month. WOW!!! Stupid me I pay $1500 a month for a 4 bedroom home!!! <BR/><BR/>http://tinyurl.com/yxs4tmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167703753391195722007-01-02T02:09:00.000+00:002007-01-02T02:09:00.000+00:00enjot living in the 1 bed/1bath 2nd floor apartmen...enjot living in the 1 bed/1bath 2nd floor apartment with niggers and spics as your neighborsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167703692753697662007-01-02T02:08:00.000+00:002007-01-02T02:08:00.000+00:00I'm finally starting to get the pictire on you imb...I'm finally starting to get the pictire on you imbeciles<BR/><BR/>In the 80s you bought some r/e based on the advice of a real estate agent. You got fucked hard. You then swore off r/e. You saw the boom in r/e pass you buy. Now you hope against hope that prices will fall back to 90s levels so you can get back in.<BR/><BR/>Sorry numbfucks, it ain't happening.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167702951142258382007-01-02T01:55:00.000+00:002007-01-02T01:55:00.000+00:00Re. the statement "things could get bad, but not i...Re. the statement "things could get bad, but not in my state, county, city, etc.:<BR/><BR/>A Seattle realtor last year took the cake when he said: "things could get bad, but not in this neighborhood, although you might see an INDIVIDUAL HOUSE or two go down." !!!<BR/><BR/>What a numbnut!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167701732135458182007-01-02T01:35:00.000+00:002007-01-02T01:35:00.000+00:00Please continue to prove the rationale world corre...Please continue to prove the rationale world correct by being a realtwhore that ignores the facts and conducts faints to avoid "your" losing position in the debate.<BR/><BR/>I know how to analyze the facts, come to rationale conclusions and act upon them. I delegate small trivial tasks such as proof reading of blog posts to people such a you. Its free and entertaining. <BR/><BR/>Current analysis says rent. I've owned twice and am batting .500 due to the lies of a realtwhore such as yourself. As facts change and analysis points to purchase it will take longer to get around the monopolistic barriers created by NAR and realtwhores. I will not have a buying agent & I will use that fact as justification to further lower the price. I will prefer FSBO to elminate parastic scum such as "yourself" from the transaction. Currently all my assets are returning double digit returns that I am realizing immediately. Currently FBs that "you've" sucked into overpriced bubble homes seeing their downpayments and equity evaporate into negative territory relative to their mortgage balance before their very eyes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167698692803511782007-01-02T00:44:00.000+00:002007-01-02T00:44:00.000+00:00troll alert sure is ready to censor anyone who dia...troll alert sure is ready to censor anyone who diagrees with him...can't debate facts so we must censor huh?<BR/><BR/>oh well this is how renters behave I supposeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167698607114820072007-01-02T00:43:00.000+00:002007-01-02T00:43:00.000+00:00a lawyer who can't distinguish between your and yo...a lawyer who can't distinguish between your and you're...ha ha no wonder you're renting your apartmentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167695048044476982007-01-01T23:44:00.000+00:002007-01-01T23:44:00.000+00:00Geez excuse me for not being in____________You hid...Geez excuse me for not being in<BR/>____________<BR/>You hide behind sex comments and grapic obsene insults, steal other peoples handles and the claim to be sane?<BR/><BR/>Please ignore him HP.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167694586881468742007-01-01T23:36:00.000+00:002007-01-01T23:36:00.000+00:00OOPs my mistake we have one realtwhore troll who c...OOPs my mistake we have one realtwhore troll who can proof read. So s/he will have alternatives to the fast food industry.<BR/><BR/>FYI, non-substantive attacks regarding a common spelling error on an informal forum does nothing to alter the content of the MIT report, nor "you're" pending unemployment status.<BR/><BR/>For the record I have a BS, MS & a JD and I'm a practicing Patent Attorney. So I am not qualified to be realtwhore troll, which last time I checked required neither a GED nor high school diploma. Just small minded petty greed and a compulsion to lie through their teeth to land a commission, but do nothing constructive to earn it. Hence my concern that MIT might be a bit beyond "you're" mental grasp. This was born out to be a correct assumption as evidenced by "you're" grasping at petty, small minded straws.<BR/><BR/>PS - I had a few spelling errors in the post also, feel free to tire the squirrel that keeps the lights on in "you're" head to find them. It will be good practice for "you're" career in proofing the handbills you'll be handing out with the other unemployed, homeless bums in the very near future.<BR/><BR/>TA TAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167692971622579272007-01-01T23:09:00.000+00:002007-01-01T23:09:00.000+00:00Why am I troll? Because I'm pointing out that some...Why am I troll? Because I'm pointing out that some of the predictions here are a little off by historical standards?<BR/><BR/>Geez excuse me for not being in 100% agreement with you on 90% housing prices crashing.sane personhttps://www.blogger.com/profile/12600155341926122864noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167691385005092082007-01-01T22:43:00.000+00:002007-01-01T22:43:00.000+00:00True Gov. and NAR stats are spun. Only Sane Person...True Gov. and NAR stats are spun. <BR/>Only Sane Person edits for HPers.<BR/>He also is invisible HP.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690898940243642007-01-01T22:34:00.000+00:002007-01-01T22:34:00.000+00:00oh and Mr. M-I-T joke guyyou might want to investi...oh and Mr. M-I-T joke guy<BR/><BR/>you might want to investigate the difference between<BR/><BR/>YOUR and YOU'RE<BR/><BR/>as in <I>realize what source your attacking</I><BR/><BR/>should read realize what source <B>your're</B> attacking<BR/><BR/>Guess you weren't in G-E-D class that dayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690692203338592007-01-01T22:31:00.000+00:002007-01-01T22:31:00.000+00:00So gov stats are not reliable. NAR stats are unrel...So gov stats are not reliable. NAR stats are unreliable. OK what stats are reliable?sane personhttps://www.blogger.com/profile/12600155341926122864noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690654905504502007-01-01T22:30:00.001+00:002007-01-01T22:30:00.001+00:00M-I-T LOL.Good joke by someone who has a G-E-DM-I-T LOL.<BR/><BR/>Good joke by someone who has a G-E-DAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690602813595502007-01-01T22:30:00.000+00:002007-01-01T22:30:00.000+00:00I think the Gov. published numbers are not cumulat...I think the Gov. published numbers are not cumulative, therefore deceptive. I also lost about 45% equity from the top in the 90's Los Angeles crash.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690422012880322007-01-01T22:27:00.000+00:002007-01-01T22:27:00.000+00:00$840,000 not $1.026M$840,000 not $1.026Msane personhttps://www.blogger.com/profile/12600155341926122864noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690331584317712007-01-01T22:25:00.000+00:002007-01-01T22:25:00.000+00:00conclusion: HPers are very poor investors if they ...<I>conclusion: HPers are very poor investors if they lost 50% while everyone around them lost 15% </I><BR/><BR/>You may be right. I definately learned from my mistakes. However, the estate I kept in the best part of Pasadena also lost 45% from the top. I dumped the second homes to keep the primary.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167690291845954602007-01-01T22:24:00.000+00:002007-01-01T22:24:00.000+00:00For you to lose 45% at $462,000 you would have had...For you to lose 45% at $462,000 you would have had to pay $1.026M. Did you? Didn't think so.<BR/><BR/>In CA the losses were around 15% last time around with LA county at 19%. Nobody lost 45%. <BR/><BR/>******<BR/>45% drop is possible if people took a bath not to lose it to foreclosure which I believe is coming soon here in Cali. I myself dropped my price from $585k down to $462Ksane personhttps://www.blogger.com/profile/12600155341926122864noreply@blogger.com