Housing won’t hit bottom ’til 2012

[jstoesz]

[quote=sdrealtor]deadzone you are full of shit. You have been completely discredited by facts and all you have is to questions the facts as being distorted or false? They were overwhelming the opposite of what you said. Not even close. I expected a “wow I had no idea that could be true” but instead you fiddle on. I think Case Shiller could very well drop 10% because it is a market wide stat and stats very often dont tell the reality. I dont care if prices are plummeting in Jamul and bringing the C-S index down. I care what is happening in the core markets I work in and those which all the folks here follow. I have beaten you into submission and you now look like a fool. Time to hang em up buddy. You have nothing.[/quote]

Wow, that is rich! I am impressed. Your incapacity for humility and blindness to hypocrisy puts you in a league of bullshitters all your own. Keep up the good work.

And your use of the word “buddy” is positively nauseating. Excellent!

[sdrealtor]

Here it is one last time in a nutshell:

Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’

sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.

Pick your side.

[sdrealtor]

Here it is one last time in a nutshell:

Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’

sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.

Pick your side.

[sdrealtor]

Here it is one last time in a nutshell:

Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’

sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.

Pick your side.

[sdrealtor]

Here it is one last time in a nutshell:

Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’

sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.

Pick your side.

[sdrealtor]

Here it is one last time in a nutshell:

Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’

sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.

Pick your side.

[jstoesz]

To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.

[jstoesz]

To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.

[jstoesz]

To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.

[jstoesz]

To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.

[jstoesz]

To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.

[an]

[quote=jstoesz]To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.[/quote]
Unless you’re living in a home you bought awhile ago and just looking to move up, you do you something to lose, it’s called your rent.

How did you come up with high chance of downside and little hope of upside from sdr’s post? Are we reading two different posts here?

If I continued to rent a comparable house as I bought 2 years ago, I’d be down about $20k by now. So, by buying, I saved myself $20k. So, how can you make a blanket statement that renting would put you in a more economically safer territory? I’m not going to make the same blanket statement that you should buy now at any price or you’ll miss the boat. However, if you can find a place at 1999-2001 price or a place that would make it cheaper for you to buy than rent, then there is a risk of downside for renting. That risk gets bigger every month that you rent.

[an]

[quote=jstoesz]To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.[/quote]
Unless you’re living in a home you bought awhile ago and just looking to move up, you do you something to lose, it’s called your rent.

How did you come up with high chance of downside and little hope of upside from sdr’s post? Are we reading two different posts here?

If I continued to rent a comparable house as I bought 2 years ago, I’d be down about $20k by now. So, by buying, I saved myself $20k. So, how can you make a blanket statement that renting would put you in a more economically safer territory? I’m not going to make the same blanket statement that you should buy now at any price or you’ll miss the boat. However, if you can find a place at 1999-2001 price or a place that would make it cheaper for you to buy than rent, then there is a risk of downside for renting. That risk gets bigger every month that you rent.

[an]

[quote=jstoesz]To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.[/quote]
Unless you’re living in a home you bought awhile ago and just looking to move up, you do you something to lose, it’s called your rent.

How did you come up with high chance of downside and little hope of upside from sdr’s post? Are we reading two different posts here?

If I continued to rent a comparable house as I bought 2 years ago, I’d be down about $20k by now. So, by buying, I saved myself $20k. So, how can you make a blanket statement that renting would put you in a more economically safer territory? I’m not going to make the same blanket statement that you should buy now at any price or you’ll miss the boat. However, if you can find a place at 1999-2001 price or a place that would make it cheaper for you to buy than rent, then there is a risk of downside for renting. That risk gets bigger every month that you rent.

[an]

[quote=jstoesz]To pick a side, you have to pick your goal. Is it to own a home, or is it to not get sold down the river.

Deadzone, ventures nothing and loses nothing. your position has mostly a high percentile chance of downside with little hope of a monetary up side. So if you are willing to risk much and gain little to own your house, then I would side with you. If you are content renting and waiting, you are probably in economically safer territory.

There is huge potential downside imo, and few possibilities for burgeoning gains. Now if you don’t care and just need to own…you better look hard and carefully.

I don’t think west of the 5 is all that safe. I would bet it is ripe for some serious losses, but that is just me.[/quote]
Unless you’re living in a home you bought awhile ago and just looking to move up, you do you something to lose, it’s called your rent.

How did you come up with high chance of downside and little hope of upside from sdr’s post? Are we reading two different posts here?

If I continued to rent a comparable house as I bought 2 years ago, I’d be down about $20k by now. So, by buying, I saved myself $20k. So, how can you make a blanket statement that renting would put you in a more economically safer territory? I’m not going to make the same blanket statement that you should buy now at any price or you’ll miss the boat. However, if you can find a place at 1999-2001 price or a place that would make it cheaper for you to buy than rent, then there is a risk of downside for renting. That risk gets bigger every month that you rent.

[Author]

Posts