Off the fence

[bearishgurl]

[quote=briansd1] . . . There are cyclical trends and there is location, location, location. Each market is different.

Oh, another thing about the long run, people in their 50s who bought at the peak who still holding on are pretty much screwed. Chances are they will die before they see a return.[/quote]

The first part you are correct on, brian. Each (micro)market is different.

If in this second paragraph, you are referring to me, you are in error. I bought an exceptional property in my forties in a very convenient location 11+ years ago with a 30%++ downpayment and am not underwater … by any stretch of the imagination.

I never took “cash out” in the interim and have never had a need to refi as the interest rate on my purchase-money mtg (1st and ONLY TD) floats with the current mtg market.

“Emotions” have nothing to do with it. I have never purchased RE on “emotion” in my life and never will. Due to my extensive RE education, I knew better than to do that since “day one.”

I’m looking forward to selling in a couple of years at a substantial profit or renting it out … again … at a substantial positive cash flow.

[bearishgurl]

. . . or join your anvil twin to the south.

What’s that supposed to mean??

As if I care. What gives YOU the idea that you are somehow “better off” than me? Is it because you might spend more … on a daily basis?

Pray tell, how does that make YOU better off than ME??

[bearishgurl]

dup

[sdrealtor]

http://www.google.com/url?sa=t&rct=j&q=hitler%20rick%20roll&source=web&cd=1&ved=0CEMQtwIwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DLLd2uAam0hI&ei=PL0cUOafLKqZiAKt9IGADg&usg=AFQjCNHejC_JWg0COHzu1_Mnqcm6_SHWmw

[CA renter]

[quote=bearishgurl]. . . or join your anvil twin to the south.

What’s that supposed to mean??

As if I care. What gives YOU the idea that you are somehow “better off” than me? Is it because you might spend more … on a daily basis?

Pray tell, how does that make YOU better off than ME??[/quote]

Looks like sdr must have edited his post (assuming that’s who you’re respoding to here?) because I can’t see a quote about the “anvil sister” thing.

What did the arrogant ass say, BG? I’m dying to hear (yet again) about how great he is and how much better he is than anyone else. Just realize that he’s suffering from a severe case of Narcissistic Personality Disorder and ignore his posts when he starts making grandiose comments about himself or starts putting you or others down. He didn’t answer my question on another thread asking him why he goes on and on, ad nauseum, about his “upper middle class” upbringing and current social status. Other people here have come from the same or better backgrounds and have accomplished more in their lives than he has, but they don’t feel the need to bring it up in every other post like he does.

[sdrealtor]

The post was a joke about negativity and as soon as I typed it realized it wasnt funny. It wasnt about BG but like most of my posts she makes them about her. Havent read any of hers in close to a year now.

My posts are about life and that contrary to popular belief lots of people are living happy, successful lives. Ordinary people living good lives. Conservative minded, hard working people that have earned what they have by investing in themselves and their families through education and entrepreneurship.

I view life through a long lens enjoying every day, preparing for the future and looking forward to the changes it will bring in my life and in the world. That is all.

[bearishgurl]

[quote=CA renter][quote=bearishgurl]. . . or join your anvil twin to the south.

What’s that supposed to mean??

As if I care. What gives YOU the idea that you are somehow “better off” than me? Is it because you might spend more … on a daily basis?

Pray tell, how does that make YOU better off than ME??[/quote]

Looks like sdr must have edited his post (assuming that’s who you’re respoding to here?) because I can’t see a quote about the “anvil sister” thing.

What did the arrogant ass say, BG? I’m dying to hear (yet again) about how great he is and how much better he is than anyone else. Just realize that he’s suffering from a severe case of Narcissistic Personality Disorder and ignore his posts when he starts making grandiose comments about himself or starts putting you or others down. He didn’t answer my question on another thread asking him why he goes on and on, ad nauseum, about his “upper middle class” upbringing and current social status. Other people here have come from the same or better backgrounds and have accomplished more in their lives than he has, but they don’t feel the need to bring it up in every other post like he does.[/quote]

CAR, I couldn’t edit it to properly “quote” sdr because I accidentally duplicated my post. He “claims” (lol) it’s not about me but it actually is!

http://piggington.com/more_public_pension_loony_tunes_now_providence_ri_is_in_trouble?page=1

It was about YOU and ME … LOL. He also “claims” to be “ignoring me” but if he was, he wouldn’t be trying to get in jabs at me after I post.

As you can see above, sdr didn’t answer my question, either. Why? He likely didn’t make any “predictions” on this site or any other. Why? Because, as he posted above, he reserves the right to “change his mind” depending on which way the wind is blowing. Well … ahem … in order to make a “coherent” prediction, one would have to type complete paragraphs, using correct spelling, grammar and proper sentence structure with references to links. That’s been a tall order for him … although he has been getting slightly better at this in recent months. He even created an image for himself … using the Geico Gecko. I’m actually proud of him for being able to do that! But WTH do I know? Maybe his kid inserted the lizard for him and he actually carries a dictionary in his back pocket now :=0

[quote=sdrealtor]…Haven’t had a glass of wine in 3 days. Too busy this week to slow down. Got a 3 day party to throw for 150 guests this coming weekend[/quote]

I thought you claimed you are having a Big Bash this weekend, sdr?

How are you going to be ready for all your High-Ranking Beautiful People guests when you’re sitting at your computer posting on Pigg? Aren’t you supposed to be coordinating with the caterer, deejay and lifeguard and accepting wine deliveries and porta-potti deliveries about now?? Well … get to it. Time’s a-wasting!

**************************

As you may surmise, I’ve had a lifetime of experience dealing with folks like sdr. And that “experience” has served me very well, thank you!

[CA renter]

[quote=sdrealtor]The post was a joke about negativity and as soon as I typed it realized it wasnt funny. It wasnt about BG but like most of my posts she makes them about her. Havent read any of hers in close to a year now.

My posts are about life and that contrary to popular belief lots of people are living happy, successful lives. Ordinary people living good lives. Conservative minded, hard working people that have earned what they have by investing in themselves and their families through education and entrepreneurship.

I view life through a long lens enjoying every day, preparing for the future and looking forward to the changes it will bring in my life and in the world. That is all.[/quote]

Nobody’s claimed that lots of hard-working, intelligent, educated people aren’t living decent, happy lives — whether entrepreneurs or not. (Unfortunately, too few of those “entrepreneurs” take personal responsibility for their failures since they — more often than not — risk *other people’s* money and lives. But that’s a whole ‘nother thread, now isn’t it?)

The point is that you make false statements about people you know little to nothing about. You totally make shit up about other people’s lives, beliefs, intentions, motivations, knowledge base, etc. On this thread, when confronted with your blatant lies about me, instead of apologizing, you attack again with even more lies.

You also try to convice others that you are somehow superior to other posters or people by making gradiose claims or by wrongly putting others down…again, people you know nothing or very little about. I highly doubt you’ve managed to convince anyone of your greatness when you do this. As a matter of fact, you come across as an insecure jackass.

By all means, enjoy your life to the fullest, but if you have to put other people down, or mischaracterize them, or lie about them in order to do so, then you have a serious psychological problem.

[CA renter]

[quote=sdrealtor]A couple posts cherry picked out of hundreds. You didnt beleive they would be successful holding prices as high as they have. You were firm in your belief all areas were the same and that no area would decline less than 50%. The reality is only one post matters. The one where you actually put your money where your mouth was and bet on 45%+ declines in even the most stable of neighborhoods. We never hit 25% in any of them. Case closed.[/quote]

Another one, 36% down from peak if it sells for this price, and this is during one of the biggest seller’s markets in years.

http://www.sdlookup.com/MLS-120035745-7631_Rustico_Dr_Carlsbad_CA_92009

This one’s down 30%:
http://www.sdlookup.com/MLS-110068049-92009

A number of homes have sold in the LC Oaks development over the past few years that were 30%-40% below peak price.

While the aggregate might not have dropped that much (yet), there were plenty of homes that were discounted 30-40% from peak prices, even in “Nirvana.”

[Author]

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