[quote=SD Realtor]I didn’t need to take his numbers literally to understand the point. It was a simple interest rate to price correlation which is always speculative. To me his point was that there are no gaurantees, nothing more and nothing less. To me his numbers were so outlandish that it was laughable and I did not take them seriously like you did.
Yet I did understand the point he was trying to make.[/quote]I understood his point as well. I just find it annoying that he uses relatively outlandish numbers for most of his arguments. This makes it easy to end up on the wrong side of the discussion, but point back to “well, I wasn’t serious when I said Del Mar q-acre for $500K; Of course if interest rates go up that much, it will affect prices”
This would be fine too, if he wasn’t so intent on holding his arguments and using them to shoot down people. Did you take him to task for taking briansd so “literally”? Clearly on the Calle Cristobal prices approaching MM south prices, Brian didn’t mean CC would be completely flat, rather slowly dropping in price, making it worth the wait.
That said, I’m glad you spoke up for him since he was behaving like a grade schooler with “what do you think I mean; keep guessing”. Once you made some point on his behalf, he was happy to chime in (but probably didn’t know what he was going to say until then).
Unfortunately, now that he’s saying something again, but he’s moved on to cliches like “renting is throwing money down the drain,” and as you can tell from the rational dialog that follows, it’s a little more complex than that and all long-time followers of Piggington’s know that.
You’re right that nobody knows the future and I think many of us are concerned that things are going to bob along for some time and maybe this is as good as it gets. Deep down, AN isn’t certain either, but he tries with all he is to see it that way. His outlandish numbers/statements make it easier to save face if he’s mistaken.
