tag:blogger.com,1999:blog-18675105.post368273399009996533..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.comBlogger61125tag:blogger.com,1999:blog-18675105.post-16376146534151720872007-09-10T17:26:00.000+01:002007-09-10T17:26:00.000+01:00Richard is a kook and so are you. Maybe you are bo...<I>Richard is a kook and so are you. Maybe you are both the same person along with the other kook bitter renter and the kook who said we should give Marxism/Communism a chance since it hasn't been tried yet.</I><BR/><BR/>Richard isn't the anonymous coward that you and I are. Even if someone is wrong I respect their oppinions enough to research it myslef. Especially since it's a warning - not a conversion of my political or religious beliefs.<BR/><BR/>Many on HP were just trying to warn people of the bubble - to not over extend themselves. Instead, what they got was an earful of tripe from greedy, scum sucking, anti-intellectuals like yourself who feed off the misery of others.<BR/><BR/>HP tried to help people - save them from a lifetime of debt and servitude. What did you do?<BR/><BR/>Unfortunately, morons such as yourself still don't get it. It's because people didn't listen that it's most likely for Marxism/Communism to get a chance.<BR/><BR/>What do you think the coming government bailout is all about? Doesn't that smack of Communism? Where a central government is going to dictate to the rest of the population how they will live, where they will live, how much they owe, etc.<BR/><BR/>Take a good look buddy - you're the kook and you sold your freedom for a fistful of dollars.<BR/><BR/>IBAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-38201395344776544502007-09-09T07:47:00.000+01:002007-09-09T07:47:00.000+01:00Remember, 49% of the voting public in 2000 chose t...<I><BR/>Remember, 49% of the voting public in 2000 chose to trash a budget surplus.<BR/><BR/>Yeah, Al Gore would have magically kept the Nasdaq from deflating. Brilliant. <BR/></I><BR/><BR/>It's funny how these left wing idiots still claim that the dotcom ponzi scheme was a good thing while the housing ponzi scheme was a bad thing. Talk about brainwashed sheep.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47755031826200292662007-09-09T07:41:00.000+01:002007-09-09T07:41:00.000+01:00Richard is a kook and so are you. Maybe you are bo...Richard is a kook and so are you. Maybe you are both the same person along with the other kook bitter renter and the kook who said we should give Marxism/Communism a chance since it hasn't been tried yet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-66882577859377920142007-09-09T06:25:00.000+01:002007-09-09T06:25:00.000+01:00yea, what ever happened to Richard? did his mom ta...<I>yea, what ever happened to Richard? did his mom take away his computer?</I><BR/><BR/>What most people here don't realize is that Richard talked about how EVERYTHING was going to blow up in a few years just like the housing market is blowing up now.<BR/><BR/>He's right of course. Within 10 years, most people won't even be able to feed themselves.<BR/><BR/>But what I found sad/hilarious was how quite a few HPers attacked the trolls for being bullish on housing, and then IMMEDIATELY turned around and started spitting on Richard for trying to warn of an even bigger impending disaster.<BR/><BR/>Talk about living in LA-LA land.<BR/><BR/>A few years from now, most people will WISH that their only problem is to be jobless, broke and having an $800K HELOC.<BR/><BR/>If you want to see some real fight clubs - start looking at peak oil.<BR/><BR/>OOPS... I'm wondering how ticked people are now going to be that I woke them from their dream world?<BR/><BR/>This housing/economic collapse is just to soften us up. We're about to get the real beating very soon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50298058263665333402007-09-09T04:24:00.000+01:002007-09-09T04:24:00.000+01:00"HP is more like a double-black diamond or the ter..."HP is more like a double-black diamond or the terrain park."<BR/><BR/>In that case, <A HREF="http://www.rgemonitor.com/content/view/213894/85/" REL="nofollow">Nouriel's blog</A> is like <A HREF="http://www.youtube.com/watch?v=P3JnFXWy-UE" REL="nofollow">Para Skiing</A>.<BR/><BR/>HP is great fun and all, but NR really dishes up some serious sh*t. Don't look down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82720993171897702962007-09-09T03:32:00.000+01:002007-09-09T03:32:00.000+01:00All of the people I know who have not bought homes...All of the people I know who have not bought homes because they won't take an ARM and won't pay $3000.00 a mo for a house love to hear about it. The friends who bught in the last 3 years look at me like I am satan when I talk about housing values.Beckyhttps://www.blogger.com/profile/09138031231676902778noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14014795723265223282007-09-09T03:14:00.000+01:002007-09-09T03:14:00.000+01:00The only one who did belive me WAS bigfoot.But he ...The only one who did belive me WAS bigfoot.But he just got off a flying saucer and was a little lost.I think he was just trying to be nice cause he needed accurate directions to Phoenix.Say's he and his buddies were going to hang out in all them empty houses.He said they were a little low on fuel and Phoenix was a little nicer than the moon, and at least they have a roof over their heads1Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-63704488787411271832007-09-09T02:35:00.000+01:002007-09-09T02:35:00.000+01:00Anon said:"I told very few. Most people I told loo...Anon said:"I told very few. Most people I told looked at me like I was telling them I saw Bigfoot in my back yard last week".<BR/> <BR/><BR/>I know what you mean....happened with my friends too - if I were to say I saw a UFO, they would believe that before realizing this historic housing bubble.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-13462612541065897872007-09-09T02:28:00.000+01:002007-09-09T02:28:00.000+01:00Anon said:"Ahhhh, at last, we may have our "greate...Anon said:"Ahhhh, at last, we may have our "greatest generation" moment coming up, pulling out of a nasty depression with basically no industrial capabilities left. (try telling that anywhere but here)"<BR/><BR/><BR/>Agree, it is going to be a rough one, especially for those with debt.<BR/><BR/>At least, back in the 1970's, the computer age was gearing up....what do we have now to replace that industry of production?<BR/><BR/>This is almost like sitting in a roller coaster at the top of the run and looking straight down...<BR/><BR/>Except this time, we are not having fun.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-89332485940234559752007-09-08T19:55:00.000+01:002007-09-08T19:55:00.000+01:00I told very few. Most people I told looked at me ...I told very few. Most people I told looked at me like I was telling them I saw Bigfoot in my back yard last week.<BR/><BR/> Everyone I tried to help did what they were going to do anyway. The only one who seemed to get it was a guy who I told to sell his SD condo in 2005 and rent. He said he mentioned it to his wife and she thought he was crazy.<BR/><BR/>His $565,000 condo is now on market for $400,000 due to forced relocation.<BR/><BR/>You can't help sheeple-that's why they're sheeple.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-48899124893692114002007-09-08T17:38:00.000+01:002007-09-08T17:38:00.000+01:00there are some places where declining house values...there are some places where declining house values would bring joy to me as an owner, just not the one I live in todayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78582548276962376462007-09-08T14:36:00.000+01:002007-09-08T14:36:00.000+01:00Remember, 49% of the voting public in 2000 chose t...<I>Remember, 49% of the voting public in 2000 chose to trash a budget surplus.</I><BR/><BR/>Yeah, Al Gore would have magically kept the Nasdaq from deflating. Brilliant.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32614047386484092692007-09-08T13:33:00.000+01:002007-09-08T13:33:00.000+01:00Time for project mayhem!Time for project mayhem!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78301598419392462002007-09-08T12:48:00.000+01:002007-09-08T12:48:00.000+01:00Keith,It's like passing out calenders on death row...Keith,<BR/>It's like passing out calenders on death row. You can tell how bad it is because instead of blabbing some nonsense now people just get quiet and thoughtful when real estate is brought up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90177131362271189602007-09-08T12:46:00.000+01:002007-09-08T12:46:00.000+01:00Game's over kidshttp://tinyurl.com/2cqoc6Unemploym...Game's over kids<BR/><BR/>http://tinyurl.com/2cqoc6<BR/><BR/>Unemployment held at 4.6%.<BR/>Needless to say, the futures tanked.<BR/>Lest you think Bernanke has a "green light" to cut rates with wild abandon without consequence to the dollar, you'd be wrong.<BR/><BR/> "European Central Bank policy makers signaled the bank is ready to raise interest rates further to curb inflation once financial-market turbulence has abated.<BR/><BR/> The ECB has a 'determination to act in the future whenever it is necessary,' ECB President Jean-Claude Trichet said at a conference in Frankfurt today. He called monetary policy 'still on the accommodative side.'"<BR/><BR/>I see.... About that "rate cut"....... well, with the economy going in the shitter, yeah, we might get rate cuts. Will it matter? Oh fuck no.<BR/><BR/>Guys, that jobs print is a recessionary number. Game's over kids.<BR/><BR/>Yes, my "rate cut" odds just changed big. 80/20 in favor of one initially, but here's the ugly part - into a recession it doesn't matter a bit, equities still go down the toilet, and so does the economy.<BR/><BR/>Oh, and the Dollar goes down the toilet too unless the other Central Banks follow suit. It dipped under the magic 80 number this morning and worse, closed there.<BR/><BR/>As soon as the dollar tanked, my rate cut odds went hard the other way - now I'm 75/25 AGAINST.<BR/><BR/>Bernanke has no room here to maneuver - all his available choices are bad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1208336702513753632007-09-08T12:43:00.000+01:002007-09-08T12:43:00.000+01:00Fight Club, i'm proud but viciously protective... ...Fight Club, i'm proud but viciously protective... to my own detriment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32590897979844277362007-09-08T10:56:00.000+01:002007-09-08T10:56:00.000+01:00Fight Club!Fight Club!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65853684561755901072007-09-08T07:31:00.000+01:002007-09-08T07:31:00.000+01:00I don't say anything bad, unless it looks like the...I don't say anything bad, unless it looks like the other person knows what's going on.<BR/>If someone says they are looking to buy, I ask how they decided it's a good time to buy. I suggest it could be a better time to buy in the future.<BR/>If someone says they have just biught a house, I say "Ohm good!" and I'm (sort of) happy for them.<BR/>I think people either have some idea that things are in the process of changing, or they're clueless.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-19424482294536777382007-09-08T06:15:00.000+01:002007-09-08T06:15:00.000+01:00I've given up on my friends. They know, but no lo...I've given up on my friends. They know, but no longer want to hear. They don't seem to get it that just because I was crowing about this in 2003, and the bubble peaked in 2005, that it doesn't mean I was wrong. Only with put options does "early" make you "wrong" (lesson duly learned). <BR/><BR/>I don't care any more about convincing them of the bubble now. When the SHTF though, they will all come out of the woodwork asking, "OMG, how did you know?" like I was John the Baptist in the wilderness.<BR/><BR/>I'm too busy these days minding my puts to bother convincing anyone of the bubble. I just want to maximize my personal profits in the carnage to come. <BR/><BR/>The funny thing, too, so many Seattleites I know are liberals, I'm a Goldwater Republican, and I'm a hundred times more negative on the economy than they are. <BR/><BR/>And I don't post here under any handle, I'm just who I am.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-46397914775871463942007-09-08T04:44:00.000+01:002007-09-08T04:44:00.000+01:00at least the housing market is trying to hit botto...at least the housing market is trying to hit bottom.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25741963449810521832007-09-08T02:13:00.000+01:002007-09-08T02:13:00.000+01:00Anonymous said... NEW YORK (AP) -- Wall Street plu...Anonymous said... <BR/>NEW YORK (AP) -- Wall Street plunged while bonds surged higher Friday after the government reported payrolls in August fell for the first time in four years rather than rising as had been expected. The Dow Jones industrial average fell nearly 250 points. <BR/><BR/>September 07, 2007 9:25 PM <BR/><BR/>-----------------------<BR/><BR/>Good day for gold today. $700+<BR/><BR/>$800+ is very likely within the next few months.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-20938403706852669922007-09-08T01:43:00.000+01:002007-09-08T01:43:00.000+01:00I told everyone I knew and they though I was crazy...<I>I told everyone I knew and they though I was crazy. Now they all act like they knew the market was going to melt down all along.</I><BR/><BR/>THAT'S why we call them sheeple!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2052016567420325212007-09-08T01:42:00.000+01:002007-09-08T01:42:00.000+01:00homedebtors just glaze over and don't get it. rea...homedebtors just glaze over and don't get it. real home owners don't care, may actually get them a tax break.<BR/><BR/>methinks there is a lot of quiet desperation going on out there in homedebtor land.<BR/><BR/>pretty much only talk about HP with renters and family.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-72045977323225011662007-09-08T01:25:00.000+01:002007-09-08T01:25:00.000+01:00Today's society is all about immediate gratificati...Today's society is all about immediate gratification, taking the easy road and above all else, buying crap whether needed or not. We are not a nation of truth seekers and to reveal the truth HP professes makes people think you are negitive, crazy, or just a kook. <BR/><BR/>So I allow people to see what they want to see. If they want to know the truth, I try to enlighten them. And if they don't, well education IS expensive. In life lessons are repeated until learned. Didn't learn from the .com bubble, didn't learn from the housing bubble, well maybe next time you will pay attention. If not lesson will be repeated until learned...<BR/><BR/>-SRIJimhttps://www.blogger.com/profile/15694999087842838538noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-19322242953890534302007-09-08T01:23:00.000+01:002007-09-08T01:23:00.000+01:00I talk about it. The people who listen benefit fro...I talk about it. The people who listen benefit from it, and those who don't go on their way with their heads in the sand.Anonymousnoreply@blogger.com