WOW@how far we came

User Forum Topic
Submitted by waiting hawk on February 8, 2008 - 7:05pm

Remembering the days when I had my website up and everyone laughed at me in 2006. Now it is all tanking and most here were prepared (I hope you guys are). Sorry I haven’t posted in a while but I still check in to see how u all are doing. Temculaguy when are we going to hook up so I can buy some beers on that 50% off house bet? Take it easy all.

BTW I’d like to share my first post on this forum for a look back and 2 quotes.

“Even with staying there through the down cycle of real estate which is for sure coming”

“So we will keep renting and saving and not add to the stupidity of the outrageous market.”

http://piggington.com/buying_a_house

‹ 9785 tallus glen True Heroes ›

Wow thanks for sharing.
Submitted by patientlywaiting on February 8, 2008 - 11:50pm.

Wow thanks for sharing. Yes, how far you have come indeed!

1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).

Whatever happened to the house? How much did it sell for?

You name the time and date,
Submitted by temeculaguy on February 9, 2008 - 12:06am.

You name the time and date, I'm there. This next week is bad for me but anytime after that is good. Hit me at temeculaguy [at] hotmail [dot] com or throw it up here I don't care, I've been trying for a year to get a stalker and haven't been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn't have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

I remember when patrick.net
Submitted by Californiabrownbear on February 9, 2008 - 2:15pm.

I remember when patrick.net was about the only housing bubble site out there. I remember checking out that site for the first time and having that ah ha moment. I was amazed that people had jumped from one investment bubble to the next so quickly.

"Wow thanks for sharing.
Submitted by waiting hawk on February 9, 2008 - 10:30pm.

"Wow thanks for sharing. Yes, how far you have come indeed!

1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).

Whatever happened to the house? How much did it sell for?"

The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have "thrown" a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don't it?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.