SD Condo article in LA Times

[briansd1]

[quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.

[an]

[quote=briansd1][quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.[/quote]
So you’re saying that since you make no call until it already happened, then you’ll be right? You’re not right, because you didn’t make a call. We all know hind site is 20/20. But what good is it when we don’t have a time machine? If say 2 years from now, we all look back and say, wow, Winter 08 was the bottom, does that do anyone any good?

[an]

[quote=briansd1][quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.[/quote]
So you’re saying that since you make no call until it already happened, then you’ll be right? You’re not right, because you didn’t make a call. We all know hind site is 20/20. But what good is it when we don’t have a time machine? If say 2 years from now, we all look back and say, wow, Winter 08 was the bottom, does that do anyone any good?

[an]

[quote=briansd1][quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.[/quote]
So you’re saying that since you make no call until it already happened, then you’ll be right? You’re not right, because you didn’t make a call. We all know hind site is 20/20. But what good is it when we don’t have a time machine? If say 2 years from now, we all look back and say, wow, Winter 08 was the bottom, does that do anyone any good?

[an]

[quote=briansd1][quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.[/quote]
So you’re saying that since you make no call until it already happened, then you’ll be right? You’re not right, because you didn’t make a call. We all know hind site is 20/20. But what good is it when we don’t have a time machine? If say 2 years from now, we all look back and say, wow, Winter 08 was the bottom, does that do anyone any good?

[an]

[quote=briansd1][quote=AN]
As I recall, you’re still renting and called the bottom is far far away. So, it’s up to you to defend your position.[/quote]

I don’t think so AN. I’ll see the bottom coming when I see it.

It’s very different from having called the bottom and putting money at risk, then hoping you were right.

I can still be right. But if you were wrong, there’s no way to make it right.[/quote]
So you’re saying that since you make no call until it already happened, then you’ll be right? You’re not right, because you didn’t make a call. We all know hind site is 20/20. But what good is it when we don’t have a time machine? If say 2 years from now, we all look back and say, wow, Winter 08 was the bottom, does that do anyone any good?

[Eugene]

I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.

You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.

[Eugene]

I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.

You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.

[Eugene]

I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.

You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.

[Eugene]

I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.

You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.

[Eugene]

I was merely going by numbers quoted by the article and then re-quoted by 4plexowner. My own knowledge of downtown is fairly limited. If you have reliable data as to the real amount of active inventory that is not on MLS, which is in disagreement with the article, by all means let’s hear it. If you think that 2.5 months of inventory in Mission Valley (perhaps half of it contingent) are irrelevant, explain why.

You recall incorrectly, I did that in Q1, and I always talked exclusively about SFR’s, Q1 may or may not have been bottom for condos, though current inventory numbers outside DT seem to indicate that it was. My position is defended by numbers on my blog.

[briansd1]

AN, I meant to say that I can still purchase at the bottom since I don’t believe that the trough was reached yet.

But since you already purchased on 12/08, you have much more at stake than I do for the bottom to have been Q4 2008.

Once you act, you’re bound by your decision. But if you’re watching and prepared to act, then you have more likelihood of making a better decision.

Or course, by waiting, I could also making a worse decision. But I don’t have any vested interest in past data since I’m still looking forward.

Time will tell….

[briansd1]

AN, I meant to say that I can still purchase at the bottom since I don’t believe that the trough was reached yet.

But since you already purchased on 12/08, you have much more at stake than I do for the bottom to have been Q4 2008.

Once you act, you’re bound by your decision. But if you’re watching and prepared to act, then you have more likelihood of making a better decision.

Or course, by waiting, I could also making a worse decision. But I don’t have any vested interest in past data since I’m still looking forward.

Time will tell….

[briansd1]

AN, I meant to say that I can still purchase at the bottom since I don’t believe that the trough was reached yet.

But since you already purchased on 12/08, you have much more at stake than I do for the bottom to have been Q4 2008.

Once you act, you’re bound by your decision. But if you’re watching and prepared to act, then you have more likelihood of making a better decision.

Or course, by waiting, I could also making a worse decision. But I don’t have any vested interest in past data since I’m still looking forward.

Time will tell….

[briansd1]

AN, I meant to say that I can still purchase at the bottom since I don’t believe that the trough was reached yet.

But since you already purchased on 12/08, you have much more at stake than I do for the bottom to have been Q4 2008.

Once you act, you’re bound by your decision. But if you’re watching and prepared to act, then you have more likelihood of making a better decision.

Or course, by waiting, I could also making a worse decision. But I don’t have any vested interest in past data since I’m still looking forward.

Time will tell….

[Author]

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