- This topic has 110 replies, 17 voices, and was last updated 3 years, 7 months ago by scaredyclassic.
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May 2, 2009 at 3:13 PM #392517May 2, 2009 at 10:06 PM #391984BuyerWillEPBParticipant
I truly have nothing against scruffy dog personally. Really.
I think it’s the way this post demonstrates the pervasiveness of the housing boom that makes me remember it. The way the housing boom was so “Sure thing” and the way us Piggington’s were so “crazy” is why I bring this back from the past.
May 2, 2009 at 10:06 PM #392247BuyerWillEPBParticipantI truly have nothing against scruffy dog personally. Really.
I think it’s the way this post demonstrates the pervasiveness of the housing boom that makes me remember it. The way the housing boom was so “Sure thing” and the way us Piggington’s were so “crazy” is why I bring this back from the past.
May 2, 2009 at 10:06 PM #392458BuyerWillEPBParticipantI truly have nothing against scruffy dog personally. Really.
I think it’s the way this post demonstrates the pervasiveness of the housing boom that makes me remember it. The way the housing boom was so “Sure thing” and the way us Piggington’s were so “crazy” is why I bring this back from the past.
May 2, 2009 at 10:06 PM #392511BuyerWillEPBParticipantI truly have nothing against scruffy dog personally. Really.
I think it’s the way this post demonstrates the pervasiveness of the housing boom that makes me remember it. The way the housing boom was so “Sure thing” and the way us Piggington’s were so “crazy” is why I bring this back from the past.
May 2, 2009 at 10:06 PM #392652BuyerWillEPBParticipantI truly have nothing against scruffy dog personally. Really.
I think it’s the way this post demonstrates the pervasiveness of the housing boom that makes me remember it. The way the housing boom was so “Sure thing” and the way us Piggington’s were so “crazy” is why I bring this back from the past.
May 2, 2009 at 11:56 PM #391999CA renterParticipant[quote=jpinpb]I just remember during the bubble up thinking we’re in a bubble and it’s gonna turn around soon. But it kept going and going like the EverReady Bunny Battery. And I was amazed at the stretch and length of the ascent up.
I think the cycle down will equally amaze the bulls on the descent down. [/quote]
Agree 100%. It would be interesting to see how people’s perspectives would change if the downturn were to go in waves for 10 or more years.
Not saying that it’s going to happen, just saying that it might…and the reaction would be interesting to observe.
May 2, 2009 at 11:56 PM #392262CA renterParticipant[quote=jpinpb]I just remember during the bubble up thinking we’re in a bubble and it’s gonna turn around soon. But it kept going and going like the EverReady Bunny Battery. And I was amazed at the stretch and length of the ascent up.
I think the cycle down will equally amaze the bulls on the descent down. [/quote]
Agree 100%. It would be interesting to see how people’s perspectives would change if the downturn were to go in waves for 10 or more years.
Not saying that it’s going to happen, just saying that it might…and the reaction would be interesting to observe.
May 2, 2009 at 11:56 PM #392474CA renterParticipant[quote=jpinpb]I just remember during the bubble up thinking we’re in a bubble and it’s gonna turn around soon. But it kept going and going like the EverReady Bunny Battery. And I was amazed at the stretch and length of the ascent up.
I think the cycle down will equally amaze the bulls on the descent down. [/quote]
Agree 100%. It would be interesting to see how people’s perspectives would change if the downturn were to go in waves for 10 or more years.
Not saying that it’s going to happen, just saying that it might…and the reaction would be interesting to observe.
May 2, 2009 at 11:56 PM #392526CA renterParticipant[quote=jpinpb]I just remember during the bubble up thinking we’re in a bubble and it’s gonna turn around soon. But it kept going and going like the EverReady Bunny Battery. And I was amazed at the stretch and length of the ascent up.
I think the cycle down will equally amaze the bulls on the descent down. [/quote]
Agree 100%. It would be interesting to see how people’s perspectives would change if the downturn were to go in waves for 10 or more years.
Not saying that it’s going to happen, just saying that it might…and the reaction would be interesting to observe.
May 2, 2009 at 11:56 PM #392667CA renterParticipant[quote=jpinpb]I just remember during the bubble up thinking we’re in a bubble and it’s gonna turn around soon. But it kept going and going like the EverReady Bunny Battery. And I was amazed at the stretch and length of the ascent up.
I think the cycle down will equally amaze the bulls on the descent down. [/quote]
Agree 100%. It would be interesting to see how people’s perspectives would change if the downturn were to go in waves for 10 or more years.
Not saying that it’s going to happen, just saying that it might…and the reaction would be interesting to observe.
April 13, 2021 at 9:50 PM #821076sdrealtorParticipant[quote=davelj][quote=scruffydog]So entertaining to see the post again! :))
The post did it’s job refocusing the site back to r/e and away from religious / political debate.
[/quote]Oh, ok… so the spin job you’re trying to sell us now on your wildly, totally, completely incorrect post of years back is that it wasn’t about the prediction, per se, but rather it was about “refocusing the site back” to real estate?
Please.
You completely missed the boat. Totally. Forget the ballpark, you weren’t even on the same planet as being correct.
The only good news for you is that this doesn’t disqualify you for a job at Treasury, the Fed or the White House.[/quote]
Kinda funny to look at this one now with the benefit of hindsight. If old scruffydog held onto properties as rentals through the down turn, he’s now sitting in a pretty damn good spot
April 14, 2021 at 4:05 AM #821078scaredyclassicParticipantYoung scaredy, this is a message from olds caredy from the future, 2021: relax!
Oldscaredy, this is a message from superoldscaredy from 2070: jesus christ, things are awful!
Permabear, permascare.
I do believe life will be worse, but doubt that can depress pricing of anything.
April 14, 2021 at 4:06 AM #821079scaredyclassicParticipant[quote=scaredyclassic]i have no real estate expertise, and maybe this sign is meaningless, but when i look around redfin and continue to see loads of substantial bimonthly reductions on lots of house prices, it doesn’t seem like as a matter of common sense the bottom is in.[/quote]
Riverside is not sd, youngscaredy…
April 14, 2021 at 4:07 AM #821080scaredyclassicParticipant[quote=scaredyclassic]it is very hard to predict the future though. at the time, i remember thinking in 07 that well, maybe the bulls are right, maybe it will all double again. i suppose it could have with the right conditions. but it didn’t. its easy to look back and laugh butit’s difficult to knwo exactly when a bubble is too inflaeted, when it will burst and when th e madness will end (if in fact it does in your lifetime.). still, it’s pretty funny.[/quote]
In the future, youngscaredy, you will stop drinking and become a buddhist. Life will be ok.
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