tag:blogger.com,1999:blog-18675105.post3007461203371433192..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: HousingPANIC is two years old today. From "flying monkey" and "brown shirt" voices in the wilderness to "damn, those guys sure got it right"bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger69125tag:blogger.com,1999:blog-18675105.post-49236710750267709382007-11-07T06:12:00.000+00:002007-11-07T06:12:00.000+00:001. Value of your money decreasing.2. You rent.--Wh...1. Value of your money decreasing.<BR/>2. You rent.<BR/><BR/>--<BR/><BR/>Who said my money is in USD? Your real estate is decreasing.<BR/><BR/>Yes, I rent. That means that my landlord has to paint the building, maintain the common areas, handle trash collection and replace my toilet seat. Boo F**kin Hoo!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-55170051750262996962007-11-07T00:32:00.000+00:002007-11-07T00:32:00.000+00:00Hi Keith,Although I am an HP newby. 3 mos. new to ...Hi Keith,<BR/><BR/>Although I am an HP newby. 3 mos. new to be exact. I am so happy to have found your blog! Thanks for setting yourself apart and daring to be different...<BR/><BR/>!!!!!!!!Happy Birthday!!!!!!!!Princess Mononokehttps://www.blogger.com/profile/11062180421571379213noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-27673459459131397672007-11-06T23:57:00.000+00:002007-11-06T23:57:00.000+00:00Congrats on 2 years!Congrats on 2 years!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61716110298782484992007-11-06T21:05:00.000+00:002007-11-06T21:05:00.000+00:00"Housing cheerleaders like David Lereah, Lawrence ..."Housing cheerleaders like David Lereah, Lawrence Yun, Nicholas Retsinas, Greg Swann, Mike Norman, Kendra Todd and Blanche Evans laughed at, mocked, and fully and forever discredited."<BR/><BR/><BR/>Ah, don't dance on their graves just yet. LA Times (can't get enough) just did a Q&A with ya boy Nicholas Retsinas this weekend (http://tinyurl.com/2lvcbc ). Suppposedly, the housing market downtun spells doom for renters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-5573927554356406702007-11-06T07:32:00.000+00:002007-11-06T07:32:00.000+00:00Happy Birthday Remember the Name "HousingPanic"htt...Happy Birthday <BR/><BR/>Remember the Name "HousingPanic"<BR/><BR/>http://www.youtube.com/<BR/>watch?v=dZ7HNcvvm58Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-75663875105315371642007-11-06T06:22:00.000+00:002007-11-06T06:22:00.000+00:00Thanks Keith for your kick-butt professional work!...Thanks Keith for your kick-butt professional work!<BR/><BR/>Happy Birthday HP!<BR/><BR/>My Fav Bush Video: The Hindenburg.<BR/>My Fav HP Photo: Angelo's kid standing in line! What a hoot!<BR/><BR/>Just yesterday, I looked at a new repo house that was listed for sale at a great price. When I went there I found it had No kitchen appliances, No kitchen cabinets, No furnace, No lighting fixtures and No hot water heater. The house is only 5 to 7 years old! I asked the agent what happended to all the kitchen cabinets and the rest? (You could tell from the old screw lines on the wall and missing floor tiles, hanging outlet wires, etc.) He said the previous owner took them. <BR/><BR/>Including the kitchen sink, plumbing and base cabinets! Gone!<BR/><BR/>And now we know the rest of the story, thanks to HP.<BR/><BR/>Cheers!<BR/><BR/>:D 1776Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53308381179266864562007-11-06T03:46:00.000+00:002007-11-06T03:46:00.000+00:00I am now simultaneously despised and regarded as a...<B>I am now simultaneously despised and regarded as a sage...</B><BR/><BR/>Same here. Around 2.5 years ago(like Keith?) I just couldn't make the housing prices work in my head. I started commenting on it and was ridiculed. Now people are starting to realize how bad things are. <BR/><BR/>I'm still amazed at how much longer the bubble was inflated than I possibly thought it could be.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-56868629114988375032007-11-06T03:09:00.000+00:002007-11-06T03:09:00.000+00:00KeithI happened upon your blog on Sept 28 when I d...Keith<BR/><BR/>I happened upon your blog on Sept 28 when I did a search of Lawrence Yun. I check multiple times a day for your updates. I admit that you may be right. I started feeling the skepticism about the housing market in 2005. <BR/><BR/>It's nice to see someone as informed as you giving "realtors on commission" and the homebuilders a dose of realityAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-12863178405251781742007-11-06T02:59:00.000+00:002007-11-06T02:59:00.000+00:00i was going around telling people about this stuff...i was going around telling people about this stuff over two years ago but i didn't know about this place, but somehow i stumbled on it , i guess when i was looking at mortgage implode which i heard about...and the rest is hiss tow ree.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-3202706367051509732007-11-06T00:04:00.000+00:002007-11-06T00:04:00.000+00:00Keith,Thanks for doing your good daily deed for th...Keith,<BR/><BR/>Thanks for doing your good daily deed for the past two years.<BR/><BR/>You have saved many people millions of dollars and spared them sleepless nights - not to mention slavery via mortgage debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71091577924704808862007-11-05T22:49:00.000+00:002007-11-05T22:49:00.000+00:00It's not the interest they can't afford it's the p...It's not the interest they can't afford it's the principle. The "teaser rate" forever mortgages Countrywide is offering delinquent subprime debtors is just a way for them to reset all the delinquent mortgages, clean up their books for a little while and keep the ponzi scheme going a little while longer so that Orangzillo can figure out how to avoid prosecution. I think his plan now is based on praying for Bushie to bail him out or pardon him. I understand the Orange one is a church going man.<BR/><BR/>P.S. Has anyone explored a possible connection between Orangezillo and zillow.com?<BR/>anonymous said... <BR/>HA HA HA.<BR/><BR/>HP = CHUMPS<BR/><BR/>Read it and weep suckers. All those supposed FBs are getting 5% loans for 30 years. <BR/><BR/>http://tinyurl.com/ys3mb8Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-22514523049271221092007-11-05T22:04:00.000+00:002007-11-05T22:04:00.000+00:00please stop saying "oil at $100" though it is mea...please stop saying "oil at $100" though it is measured in "devalued" USDs, the market forces associated with the recent running up of oil prices has more to do with spweculative investing over the last 1.5 years and little to do with the housing bubble. I will however admit that the housing bubble is real.<BR/><BR/>Oil is not, and has not been $100 ppbAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-7013499836689498462007-11-05T21:34:00.000+00:002007-11-05T21:34:00.000+00:00HA HA HA.HP = CHUMPSRead it and weep suckers. All ...HA HA HA.<BR/><BR/>HP = CHUMPS<BR/><BR/>Read it and weep suckers. All those supposed FBs are getting 5% loans for 30 years. <BR/><BR/>http://tinyurl.com/ys3mb8Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-27574148601004032392007-11-05T21:19:00.000+00:002007-11-05T21:19:00.000+00:00>> ...enjoying the fruits of my labor and watching...>> ...enjoying the fruits of my labor and watching my money increase.<BR/><BR/>While its value decreases.<BR/><BR/>1. Value of your money decreasing.<BR/>2. You rent.<BR/><BR/>You = pwned loser<BR/><BR/>DOPES!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39483851194865041542007-11-05T21:01:00.000+00:002007-11-05T21:01:00.000+00:00I try to post something here once a day. Thanks fo...I try to post something here once a day. Thanks for the great knowledge and entertainment. It was about 2 years ago, almost exactly that my buddy's wife who worked for Lennar, at time yelled, "the housing market is *NEVER* going to crash!!" Strangely, that was the last time we hung out...<BR/><BR/>pwndAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-235535296511877572007-11-05T20:58:00.001+00:002007-11-05T20:58:00.001+00:00Congrats on your 2nd anniversery, HP. Thanks for ...Congrats on your 2nd anniversery, HP. Thanks for all the great reads.<BR/><BR/>And what d'ya know...today is Mammoth's birthday also!<BR/><BR/>20048 years old (give or take a few thousand years or so).Mammothhttps://www.blogger.com/profile/15331079890390629462noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32538715514973388412007-11-05T20:58:00.000+00:002007-11-05T20:58:00.000+00:00Thanks for the great blog. It helped me fight the...Thanks for the great blog. It helped me fight the pressure from friends and family to buy at the exact wrong time (2/2006)! This year has been one of the best years of my life, renting cheap, traveling, enjoying the fruits of my labor and watching my money increase.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-56946749711397488172007-11-05T19:10:00.000+00:002007-11-05T19:10:00.000+00:00i spent too much time on this blog when i should h...i spent too much time on this blog when i should have been selling into the best bull market in history.Devestmenthttps://www.blogger.com/profile/13704339847524381868noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90059438906153248712007-11-05T19:08:00.000+00:002007-11-05T19:08:00.000+00:00Help me Ben, I need a cash infusion. Dow down/ inf...Help me Ben, I need a cash infusion. Dow down/ inflation up. <BR/><BR/>ps. Be sure to include a cost of living increase.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-85001079638346148862007-11-05T18:24:00.000+00:002007-11-05T18:24:00.000+00:00I kinda kick myself for covering CFC and C too ear...I kinda kick myself for covering CFC and C too early (still made profits). At least I am still riding on 45% PM (silver was my choice) gains and 15% currency gains.<BR/><BR/>Happy Birthday and thanks supporting sane investments.Out at the peakhttps://www.blogger.com/profile/10855394670202295976noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90974214757779525302007-11-05T18:19:00.000+00:002007-11-05T18:19:00.000+00:00Keith,Happy birthday. For a long time you were li...Keith,<BR/><BR/>Happy birthday. For a long time you were like Don Quixote tilting against the windmill of NAR spin, lies and outright deception. But because you were after the truth you prevailed and exposed a whole bunch of naked castrated emperors. You fought the good fight on behalf of the common man and you helped him see through the tissue of lies that Wall street and the government have woven around him. You made him realise that the aroma he was smelling in the morning was not that of robusta coffee but of human waste that had been dried, diced and spliced into fine granules. You made him notice that the warm water coming out of his shower is nothing but the combined piss of the NAR, the Fed and the MSM. Keep it up man, keep it up. And may God bless you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83096087057210624692007-11-05T18:00:00.000+00:002007-11-05T18:00:00.000+00:00Countrywide is handing out 5% loans to subprime op...Countrywide is handing out 5% loans to subprime option-arm losers...I want my fuq'in handout too now damnit!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30757533459056838542007-11-05T17:46:00.000+00:002007-11-05T17:46:00.000+00:00"This past summer's subprime meltdown involved abo..."This past summer's subprime meltdown involved about $900 billion in now-suspect securitized debt, reckless lending, and consumers who buckled under the weight of loans they couldn't afford. Now another link in the consumer debt chain - credit cards - is starting to show signs of strain."<BR/>http://finance.yahoo.com/banking-budgeting/article/103811/The-915B-Bomb-in-Consumers'-Wallets;_ylt=AiQUEWGanGFZ7Et.NlY54Ei7YWsAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-80849854709024980252007-11-05T17:35:00.001+00:002007-11-05T17:35:00.001+00:00Happy Birthday!You are my first site in the mornin...Happy Birthday!<BR/><BR/>You are my first site in the morning and the last site I look at before I turn in. <BR/><BR/>Keep up the great (and very funny) work.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54266084729592025542007-11-05T17:35:00.000+00:002007-11-05T17:35:00.000+00:00Your story is a common one I've heard and experien...Your story is a common one I've heard and experienced myself.<BR/><BR/>I'm sure your wife is happy you made the decision you did, but it does take a more far-sighted outlook as to what will come - which most people do not have.<BR/><BR/>Keyser Soze said... <BR/>Sorry about posting so soon...again.<BR/>It was May 2005, when my business was going well and I decided to buy a house. I was approved for a $500k loan and called a local realtor. I was taken aback when his reply was,'$500k...you looking for a trailer?' I did spend the morning looking at dumps and then said 'F*ck it...I'll rent forever.'<BR/>Upon returning from a homeland vacation, my wife was depressed at the thought of renting forever. I told her we would continue to build a kick-ass investment portfolio and travel the world at our leisure. It was little solace to her. To make a short story long....your blog was the first to help me realize they were the crazy ones, not me! For that, I thank you. The worm has turned. Who knows, perhaps Keyser will buy a house in, say, 2010?Anonymousnoreply@blogger.com