Addicted

[powayseller]

zk, anybody who claims “this time is different” carries a big burden of proof. Docteur thinks it is different this time. In his view, housing cannot drop to the historic baseline because it would violate his principle of replacement cost. I addressed the weakness in his argument earlier. I think he believes his own neighborhood is fairly immune from price drops. Perhaps the exclusive La Jolla and Rancho Santa Fe homes are less prone to price drops, but Carmel Valley is just another tract home subdivision, that will fall with everything else. Prices have dropped there already, if you check the Solds, and there is one NOD over there.

It would be interesting to do an analysis of historic pricing by neighborhood or location, so we could improve our analysis of specific homes. Right now, all I know is that the baseline is a price/income ratio of 7. Is it higher for certain neighborhoods, lower for others? The answer is likely Yes. The $3 mil and up homes are not dependent on wages at all, but more on the stock market. They have nothing to do with median income. But anything $2 mil and below is wage dependent, right, so we could analyze it by multiple of wages.

Perhaps Carlsbad is typically 8 x wages, while Mira Mesa is 4 x median wages. With lower wage earners in Mira Mesa, and cheaper housing over there, it makes sense that historically their homes are priced at a lower multiple of per capita income.

Schahrzad Berkland

[zk]

Wheat post. I like it.

[novice1027]

Don’t worry folks, PS isn’t going anywhere. All of us that have been here a while know that this is a cyclical thing, probably hormones.
She gets mad at all of the same players, her fans woo her back, then she posts again.
My recommendation would be a hormone replacement, lol.

[PD]

I am certainly an addict of the site but am trying to exercise some self-control. It is kind of like chocolate, however. If it is there (candy bar in the cupboard, computer turned on), I eventually give in. I could do without the histrionics and sniping but I suppose little doses can be amusing.
I have developed a feeling of camaraderie with the posters on the board, even the ones with whom I rarely agree. However, I am quite sure that there are one or two who would rather spit in my face than return the compliment. Oh well!
My favorite literary quote from Mr. Bennett in Pride and Prejudice (from memory, may contain an error): “Well, well, what do we live for but to make sport for our neighbors and laugh at them in our turn.”

[powayseller]

Novice, I speak what I see. Estrogen give me soft skin, testosterone strength. I love all of me. Thank you for reading my posts.

[novice1027]

No, I have the same hormone issues as you, hence the ability to laugh at it.

[Nancy_s soothsayer]

Am addicted to this blog, as well. Sometimes “Lord of the Flies” environment materializes in many threads, like this one, with several bodies pouncing on the one person who exhibits a degree of being different. Crab mentality, like putting down, condescending on, and stepping on someone and his/her ideas, in order to gain superiority points with others who get easily swayed, those baited and swayed again add higher into the pile. All these are added bonuses to this site. It gets hot and spicy a lot. To top it all, the Sophisticates around here (excuse me, I’m not) will discern those with higher intellect and will judge accordingly. There is a message in an Ayn Rand book I read long ago. In essence, it says, those with higher intellect don’t require too much explanation. They have rapid comprehension and processing speeds. One post in another thread shared a link that said basically the same thing about the Sophisticates (with extreme intellect). There are a lot lurking in this blog. To me, Rich Toscano and Powayseller–who are not lurkers–carry the big stick in sophistication, and I am unabashedly, a big fan. I hope PS doesn’t tire of her critics until I stop being addicted.

[Anonymous]

zk
“So many people here, especially the women, defer to you so uncritically”

Please do not bring gender into this. It is totally inappropriate to make such a generalization in a business blog. It could easily be misconstrued as misogynistic bullying.

That being said, there still exists a boundary between public and private speech. To which side blogging falls is open to interpretation.

[Daniel]

Kristine,

I beg to differ. Zk’s post was very polite and considerate. Perhaps the gender comment was not the best idea, but it was far from “totally inappropriate”, in my opinion. And he/she balanced that remark with a similar comment about men (“getting into catfights with PS”, or something of that sort). I didn’t feel the least bit offended by it.

Speaking of inappropriate comments, I think Powayseller still owes those insulted an apology (and no, I’m not one of them). It is the mature and adult thing to do.

Daniel

[zk]

Kristine,

I didn’t see the gender comment as a generalization. And I certainly wasn’t trying put women down. If my comment appeared misogynistic, I apologize for misrepresenting myself.

That being said, the reason for the comment was to try to help PS understand something. If a person is supported uncritically despite the error of her ways, it helps to understand why that support is there. If PS is thinking to herself, “I can’t be wrong, I get so much support from hs, lost kitty, PD, lindismith, et. al,” then she needs to understand that perhaps the reason she’s getting that support isn’t necessarily that she’s wise or brilliant. It may be because those other women are supporting her because that’s what people of like kind do, and have done since the beginnging of humankind (now that’s a generalization).

I wouldn’t bring gender into this topic unless I thought it was relevant. And if you consider this a “business” forum, and the only comment you have is the inappropriateness of my bringing gender into it, then you’re either not reading it very closely, or there’s some other reason you’re complaining about me bringing gender into it and you’re not complaining about PS calling people “arrogant assholes.”

If you had time to read all the posts on this forum (or if you already have), it is undeniable that most of PS’s support comes from women. So, I’m not making a generalization; I’m stating a fact.

PS was good enough to read my post, and get right back to the subject of real estate. I should’ve followed her lead and done the same thing.

[PD]

ZK, Powayseller and I have had some serious wrangles. Although I think she contributes a significant amount of important information to this site, I am not a mindless supporter. When she stomps off to her room and slams the door, I don’t stand outside begging her to come out and play again.

[lindismith]

yes, and for the record, I never said 90% of us were here because she’s here. I said we’re leaning her way, (else we wouldn’t be here).

I have to add, I like her. I met her, and liked her more. Do I agree with everything she says? No. And sometimes it gets my goat when she makes sweeping generalizations (especially about what womens’ roles should be.) But what’s the point in calling her out on those? She is learning and growing, and I find it fascinating watching her development.

I’m here to learn, and in her questions and analysis I find myself thinking a lot of the same things; it feels reassuring that there’s another woman out there who is asking the same thoughtful, big picture questions I am. She has definitely educated me.

A lot of other people have too. Zk, Bugs, Perrychase etc. It’s all really good stuff!

Piggingtons Rock!

[zk]

“I am not a mindless supporter.”

I did sort of imply that you were, and for that I apologize.

“for the record, I never said 90% of us were here because she’s here.”

I agree that you didn’t say that. And, for the record, it wasn’t me who said you did. But you did say, about the meetup, “Mainly we all want to meet Powayseller.” I wasn’t sure where you got that from. I mainly wanted to see Rich, CJ, Bugs, you, Farls, sdrealtor, asianautica and Leung Lewis. Farls especially, among the posters. I like his reasoning and his points of view.

“She has definitely educated me.”

My response to that statement is the main reason for this post. I should have said this earlier: She has definitely informed me of some things I am fortunate to now know. She brings a huge amount to this forum. I just think she could bring even more if she saw herself from another perspective. It’s that perspective I hope to bring.

[powayseller]

Hey you all, don’t fight about me. I know that people like to read my posts ONLY because I have the time to put into researching this stuff. Any of you could do this if you wanted to. The only thing that makes me different from the “average” person who watches TV every night is that I question almost everything and I will rock the boat if needed. I will not shy away from a confrontation or conflict (except in personal relationships, where harmony is #1).

So please don’t give me any credit for any wisdom. Everything I post here, I found somewhere else. My assets are only my curiosity and bull-dog personality. And honestly, my bulldog nature makes this site a little more fun and spicy.

I appreciate the personal feedback too, and have tried to stay a little more “gray” on my statements. But I hope I will never shy away from saying what needs to be said.

I am here to learn from others too. I only know what I read, and what my realtor friends tell me. I don’t have work experience like so many of you. Oh, and I forgot to mention theplayers as one of my favorite posters.

[lindismith]

“Mainly we all want to meet Powayseller.” I wasn’t sure where you got that from. I mainly wanted to see Rich, CJ, Bugs, you, Farls, sdrealtor, asianautica and Leung Lewis. Farls especially, among the posters. I like his reasoning and his points of view.

Yes, like all those posters too!

To this sentence,”mainly we all want to meet Powayseller,” I should have added, “so we can see who this crazy, woman is!” Sometimes I think she’s nuts because she pushes the envelope so much. But what can I say? I like strong personalities I guess.

Bugs is my second fav. He’s always very concise and everything he says has good solid wisdom behind it.

sorry for not being more clear in my last post. I know you didn’t say “90%…..”

[Author]

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