“One last note, can we leave religion, morality and the blame game out of this post, and stick to Real Estate?”
Unless people disagree with you then it’s:
“I can see many of you on this board are threatened by the probable price declines, that ARE coming. I don’t need to waste my time defending what I say, to mostly nervous, overly religious, republican fundamentalist, real estate hacks. Having to constantly defend what I say here is old and tired. You honestly deserve each other on this board”.
LS08 you need to chill out. Talk about hating. There is much more agreement here than you can see if you take your blinders off. Everyone has their perspectives and takes on when, why, how much etc. If they don’t exactly match yours that’s okay. You’re an awful busy guy for a full-time science teacher. You post more than anyone and have created your own blogspot (which incidentally keeps timing out when I try your link).
I post 1/1000th of you and yet we’ve agreed on almost everything. It doesn’t take a rocket scientist to see the June shoe is next to drop, then July’s, August, September….all the way through next year and possibly beyond. I don’t have to study every report that comes out. I only need to drive the neighborhoods and see how many new homes are out on the market and observe a few open houses to see how many, if any are getting any action. Fwiw, there is minimal if any. On top of this there are developments (both large and small)everywhere like the Great Park in Irvine and that alone will add up to 14,000 more homes over the next couple of years. I talk to friends in the biz and hear they aren’t doing well. And we’re getting close to the end of the home buying window for many families that want to be in before school starts etc.
If you really want to start constructive threads here or elsewhere you would do well to relax and not get so caught up in your position and what appears to be the need to be right. You can respectfully disagree with others and they with you without all the acrimony. I have certain beliefs about the current the market but I’m not married to my positions. If someone makes a valid observation I haven’t considered (which happens with all of us) then I appreciate having my eyes opened to another school of thought. Heck, one poster used his favorite Italian restaurant’s meal price to get a point across. Anything and everything is fair game here.