Chowderhead going on the warpath on KOGO

[mixxalot]

Uh oh GC is going cukoo again! He is threating charges on the KOGO show to a public debate. We need Rich to step up and kick his butt on the air waves and wipe him out in debate on KOGO with this blowhard spouting threats out! Over the housing market. Lets get this jerk to shut his pie hoe for once and all.

[JWM in SD]

mixx,

Your post is confusing. What exactly is Chamberhead saying?

[CMcG]

Me, too. What happened? I noticed that he’s still on KOGO for his “minutes” early on weekdays, though they have a talk show guy on now during the early hours.

[SD Realtor]

Funny as I have emailed him every 2-3 months asking him to debate and he never once returned any of my emails. I wish I would have heard him so I could have called in… I will send him another one tonite referencing his “challenge” today.

SD Realtor

[mixxalot]

GC threatened legal action against detractors.

What an idiot!!!

He was upset that posters emailed him about causing folks to take bad loans and lose money, etc. He was irate and I think he needs to take his medication again. George- take your qualudes!!! Get out of broadcasting and stop pushing real estate and bad loans.

[JWM in SD]

“GC threatened legal action against detractors.”

Ah yes, and the detractors have: a radio show, morning news spot, an editorial column from which we can shout him down I guess.
What a f*cking joke.

His days are numbered…mark my words.

[I would rather be lucky then smart]

I happened to hear that small rant by George this morning. As I recall, he specifically said that he was NOT looking to pursue any kind legal action.

He wants to have a discussion with his accuser and talk in a PUBLIC FORUM about a fraud that he has supposedly been accused doing.

That is a reasonable request, IMHO, and the accuser should rise to the challenge.

[JWM in SD]

This all about OCrenter and his BMIT blog post from 8/25 just after Georgie had his last public hissyfit.

There wasn’t an outright accusation, ocrenter is very careful about that. It was merely asking questions about some puzzling aspects of Georgies condo dealings in Encinitas. Readers are allowed to draw their own conclusions about it.

[I would rather be lucky then smart]

Well then, if OCrenter would rise to the challenge to have a public discussion with George about George’s puzzling condo dealings, I think that would make for a very interesting discussion.

I noticed that Geroge did not specifically mention this website, but he did mention the Voice of San Diego website for some reason.

[JWM in SD]

“I noticed that Geroge did not specifically mention this website, but he did mention the Voice of San Diego website for some reason.”

and Georgie is really stupid if he thinks that he is going to win a debate with Toscano on this give all the ammo that is available for Rich to hurl at him at this point in housing debacle.

[I would rather be lucky then smart]

George did specifically mention that the issue was in regards to the purchase of his house.

So, I guess the ball is in OCrenter’s court.

[farbet]

Anyone know what “George” is saying now? About his condo or about the mess housing is in. Who is he blaming now?
This is what he said August 11/07 before the Fed acted on August 17th..
American Dream is still alive

By: GEORGE CHAMBERLIN – For the North County Times

Let me begin by passing along my congratulations to the many people who are celebrating the current situation in the housing market. In concert with much of the national and local media, they have been able to artificially construct something that has never —- I repeat, never —- been done before: drive down housing prices at a time when unemployment is low, the economy is booming and consumer confidence is approaching record highs.

A column I wrote about a year ago on the housing market triggered more hate mail than any other topic that I have discussed. I needed to check underneath my car and use a food taster for a couple of weeks after I suggested that the situation was dramatically overstated.

To be clear, in that column, I said right up front that I had no idea where housing prices were heading in the short term. Nor did I really care. I am not a speculator, so I could care less what changes might occur as far as the “market value” of my two personal residences is concerned. The value of these homes is better measured by the benefits they provide as a place to live for the rest of my life.

I also said that I couldn’t quite grasp the unbridled joy that the doom-and-gloomers seemed to have about the possibility that many families might lose their homes in a downturn. If flippers get burned, so be it. But there was elation being expressed that households would be disrupted in the correction.

To be sure, I know the ulterior motives behind these attitudes. But since I don’t want to crawl around and look under my car again or have someone taste my food, I’ll leave that alone.

I love a good debate, and there are many sides to the real estate argument. One of the biggest bears is David Rosenberg of Merrill Lynch, who said there is an additional 5 percent downside to housing prices. In other words, home prices could potentially dip over the next year the same amount that the stock market corrected in the last two trading sessions.

However, at Wachovia Securities, Mark Vitner says: “We are continuing to stand by our forecast that sales of both new and existing homes bottom out this summer. Once sales stop falling, the modest drop in physical inventories should begin to translate into a decline in the month’s supply figures.”

But never mind what a couple of Wall Streeters think about the housing market. I refer everyone to a new report, “California’s Deepening Housing Crisis.” It comes from the Department of Housing and Community Development and, somehow, the media seemed to ignore the news when it was released two weeks ago.

“Housing production has not kept pace with the state’s housing needs particularly in the coastal metropolitan areas,” cites the report. As populations swell and home availability ultimately shrinks, a crisis looms.

When I read in this paper last week that plans for a three-story housing development in Bonsall are in the works, I realized that we are, indeed,

approaching a crisis. There is little land left for development, and that will indeed create a crisis in housing availability.

So, lets all remain calm. Hate me if you want. I accept opinions, give me the same courtesy. Owning a home is still the American dream and, since 97.4 percent of homeowners pay their mortgages on time, the dream seems to be working out pretty well.

George Chamberlin is a regular contributor to the North County Times, and also is a TV and radio commentator. Contact him at [email protected].

.

[Bugs]

In concert with much of the national and local media, they have been able to artificially construct something that has never —- I repeat, never —- been done before: drive down housing prices at a time when unemployment is low, the economy is booming and consumer confidence is approaching record highs.

Oh, so people really aren’t losing their homes en masse, and the only reason sales are closing at lower prices is because the sellers have been horribly duped by the evil bear and media conspiracy.

I want someone to explain to me why it’s only artificial and irrational when the prices are going down, but not when they’re going up? As far as I can tell, the main reason prices are headed down is because they got distorted in the first place. The roots of this downtrend lie with the uptrend that preceded it. Had there been no irrationality in the uptrend there would be nothing to correct for now.

As for running out of land and not having enough inventory, the facts on the ground speak for themselves. We have a lot more properties listed for sale than there are buyers. We have builders walking away from land options for lack of demand. Once the speculators left the market it has become apparent that there never was a housing emergency to begin with.

I suppose GC is also going to blame the bears for the foreclosure rate and the increasing numbers of escrows that are falling out because of the inability of the few buyers there are out there to qualify under more normal underwritng criteria.

I can’t believe this guy is a journalist of any type. Even the shills over at NAR put forth better arguments than he does.

GC’s perspective has a serious disconnect with the real world. He should seek professional help for that.

[ocrenter]

excuse my lateness as I just came across this thread now.

the question for George is a simple one,

the county record shows the sale of his condo was $705,000,
the MLS shows the sale at $555,000,
the buyer of his condo happens to be a developer,
no one in the history of that complex has ever sold for above $573,000 for the same unit,

so please explain why the county record shows $705,000?

there’s no need for a public forum to debate this. he just need to give us some clarifications. maybe all this is is an honest mistake by a clerk at the county.

[farbet]

I totally agree OC renter. Just the facts george

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