Anyone remember powayseller?

[CA renter]

Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.

[an]

[quote=CA renter]Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.[/quote]
No one said this bubble is over.

Yes, she was all about 50+% decline, not 40+%. Who are these “most people” you’re talking about. Even sdr, who back then many considered to be too bullish, were predicting around 30% decline in NCC areas. BTW, timing is key and by her prediction, we should be at 50% decline by now.

[an]

[quote=CA renter]Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.[/quote]
No one said this bubble is over.

Yes, she was all about 50+% decline, not 40+%. Who are these “most people” you’re talking about. Even sdr, who back then many considered to be too bullish, were predicting around 30% decline in NCC areas. BTW, timing is key and by her prediction, we should be at 50% decline by now.

[an]

[quote=CA renter]Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.[/quote]
No one said this bubble is over.

Yes, she was all about 50+% decline, not 40+%. Who are these “most people” you’re talking about. Even sdr, who back then many considered to be too bullish, were predicting around 30% decline in NCC areas. BTW, timing is key and by her prediction, we should be at 50% decline by now.

[an]

[quote=CA renter]Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.[/quote]
No one said this bubble is over.

Yes, she was all about 50+% decline, not 40+%. Who are these “most people” you’re talking about. Even sdr, who back then many considered to be too bullish, were predicting around 30% decline in NCC areas. BTW, timing is key and by her prediction, we should be at 50% decline by now.

[an]

[quote=CA renter]Well, this bubble still isn’t over. I know everyone is out celebrating the “end of the recession,” but I think we still have a long way to go.

I don’t remember the exact details, but PS was predicting 40%+ (yes, probably 50%) at a time when most people thought we’d see no more than a 15% correction. I’d say she was more correct than the milder bears.[/quote]
No one said this bubble is over.

Yes, she was all about 50+% decline, not 40+%. Who are these “most people” you’re talking about. Even sdr, who back then many considered to be too bullish, were predicting around 30% decline in NCC areas. BTW, timing is key and by her prediction, we should be at 50% decline by now.

[DaCounselor]

deadzone nailed it. We’re not done by a longshot. I’d actually feel alright about buying in O’side (if I wanted to live there) right now as I think the downside risk from this point probably isn’t too bad. But the $1 mil market in CV? Or Enci? C-Bad? Not a chance, not for me.

As long as Rich keeps this site up, we will be able to come back in several years and see who was right and who was wrong.

As for ps, I am willing to give credit where credit is due, she was right about massive devaluation. Please don’t make me run through most zips in SD County to show how bad it has been. Devastating. Yes there are the hold-outs but as deadzone says we are not done yet. And if we end up 40% down in CV as opposed to 50%, I am still going to give ps credit for calling a big decline correctly. If we see a CV home that sold for $1.3 in ’06 close for under $800K in a few years, I will say close enough, ps, pretty damn good call.

Make no mistake I am not a ps fan, especially in light of the recent flip-flop, but I call em like I see em and right is right and close enough counts in my book.

[DaCounselor]

deadzone nailed it. We’re not done by a longshot. I’d actually feel alright about buying in O’side (if I wanted to live there) right now as I think the downside risk from this point probably isn’t too bad. But the $1 mil market in CV? Or Enci? C-Bad? Not a chance, not for me.

As long as Rich keeps this site up, we will be able to come back in several years and see who was right and who was wrong.

As for ps, I am willing to give credit where credit is due, she was right about massive devaluation. Please don’t make me run through most zips in SD County to show how bad it has been. Devastating. Yes there are the hold-outs but as deadzone says we are not done yet. And if we end up 40% down in CV as opposed to 50%, I am still going to give ps credit for calling a big decline correctly. If we see a CV home that sold for $1.3 in ’06 close for under $800K in a few years, I will say close enough, ps, pretty damn good call.

Make no mistake I am not a ps fan, especially in light of the recent flip-flop, but I call em like I see em and right is right and close enough counts in my book.

[DaCounselor]

deadzone nailed it. We’re not done by a longshot. I’d actually feel alright about buying in O’side (if I wanted to live there) right now as I think the downside risk from this point probably isn’t too bad. But the $1 mil market in CV? Or Enci? C-Bad? Not a chance, not for me.

As long as Rich keeps this site up, we will be able to come back in several years and see who was right and who was wrong.

As for ps, I am willing to give credit where credit is due, she was right about massive devaluation. Please don’t make me run through most zips in SD County to show how bad it has been. Devastating. Yes there are the hold-outs but as deadzone says we are not done yet. And if we end up 40% down in CV as opposed to 50%, I am still going to give ps credit for calling a big decline correctly. If we see a CV home that sold for $1.3 in ’06 close for under $800K in a few years, I will say close enough, ps, pretty damn good call.

Make no mistake I am not a ps fan, especially in light of the recent flip-flop, but I call em like I see em and right is right and close enough counts in my book.

[DaCounselor]

deadzone nailed it. We’re not done by a longshot. I’d actually feel alright about buying in O’side (if I wanted to live there) right now as I think the downside risk from this point probably isn’t too bad. But the $1 mil market in CV? Or Enci? C-Bad? Not a chance, not for me.

As long as Rich keeps this site up, we will be able to come back in several years and see who was right and who was wrong.

As for ps, I am willing to give credit where credit is due, she was right about massive devaluation. Please don’t make me run through most zips in SD County to show how bad it has been. Devastating. Yes there are the hold-outs but as deadzone says we are not done yet. And if we end up 40% down in CV as opposed to 50%, I am still going to give ps credit for calling a big decline correctly. If we see a CV home that sold for $1.3 in ’06 close for under $800K in a few years, I will say close enough, ps, pretty damn good call.

Make no mistake I am not a ps fan, especially in light of the recent flip-flop, but I call em like I see em and right is right and close enough counts in my book.

[DaCounselor]

deadzone nailed it. We’re not done by a longshot. I’d actually feel alright about buying in O’side (if I wanted to live there) right now as I think the downside risk from this point probably isn’t too bad. But the $1 mil market in CV? Or Enci? C-Bad? Not a chance, not for me.

As long as Rich keeps this site up, we will be able to come back in several years and see who was right and who was wrong.

As for ps, I am willing to give credit where credit is due, she was right about massive devaluation. Please don’t make me run through most zips in SD County to show how bad it has been. Devastating. Yes there are the hold-outs but as deadzone says we are not done yet. And if we end up 40% down in CV as opposed to 50%, I am still going to give ps credit for calling a big decline correctly. If we see a CV home that sold for $1.3 in ’06 close for under $800K in a few years, I will say close enough, ps, pretty damn good call.

Make no mistake I am not a ps fan, especially in light of the recent flip-flop, but I call em like I see em and right is right and close enough counts in my book.

[Zeitgeist]

We are not at the bottom in all areas and any massive instability whether geopolitical, monetary or nature made disaster could easily reverse the trend. PS based her theory on previous factors. The massive bailouts changed the equation.

[Zeitgeist]

We are not at the bottom in all areas and any massive instability whether geopolitical, monetary or nature made disaster could easily reverse the trend. PS based her theory on previous factors. The massive bailouts changed the equation.

[Zeitgeist]

We are not at the bottom in all areas and any massive instability whether geopolitical, monetary or nature made disaster could easily reverse the trend. PS based her theory on previous factors. The massive bailouts changed the equation.

[Zeitgeist]

We are not at the bottom in all areas and any massive instability whether geopolitical, monetary or nature made disaster could easily reverse the trend. PS based her theory on previous factors. The massive bailouts changed the equation.

[Author]

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