This just in……..

[Ozzie]

Love the Zig Z comment. My first boss in my software career always preached Zig. I did well, but he did much better and probably has a net worth north of $20 million while helping others which is Zig’s #1 mantra. I pale in comparison, but I need to read another Zig book. One thing for sure he wouldn’t be posting hate on a blog. Thanks for waking me up. There are a lot of losers here hoping for a meltdown because they have no means to prop themselves up. I’m done. There are plenty of positive communities out there and unless you drink the “crash Kool Aid” you are subject to ridicule here.

It’ll be funny to come back here in 5 years. I’ll pay for the server costs.

[rube]

There won’t be a need for this site in 5 years if the 7-10 year cycle still applies. Just looking at history…no kool-aid here!

[sdrealtor]

bye…don’t let the…..

[lurkor]

“Those of you who did not have an optimistic perception back in 1997, have probably been speculating about a bubble since January of 1998.”

Yeah, that’s right. We’ve been speculating there’s a housing bubble since 1998.

Christ, dude. What a ridiculous statement. Is that the best you’ve got?

I also like how you characterize clueless, highly leveraged speculators chasing an overpriced asset during an obvious bubble as “stepping out on a limb and into the american dream” or some such nonsense. Yes, if we only had their bravery (and their complete lack of ability to analyze an investment).

[citydweller]

DCarlso1,

Tell us more about your situation. You sound very bitter about the posts here. Is it because the deflating of the real estate bubble has negatively impacted you, or will soon if it gets worse?

[PerryChase]

I agree with sdrealtor, jg and LA_Renter.

The nicer neighborhoods will hold up better in the beginning because people have means. However, they’ll eventually be worn out holding out for prices to go up. People need to move for may reason and attrition will eventually cause prices to drop. It only takes 4 or 5 distressed sales to affect prices in a whole neighborhood.

If we have a recession, then many professional jobs will go. The young families living to the max will be hammered and might have to move back in with parents.

In the 1990s we had a crash in the military industrial complex. This time, we’ll experience a crash in the Real Estate industrial complex. Many finance and RE related jobs will be lost.

I remember that in the 1990s the high end homes dropped proportionate more than the mid-market homes. However they remained more expensive and out of reach to most buyers.

———–

I don’t think that we are pessimists on this forum. We are realists. Piggington will be around for a long time. There’ll always be something interesting about RE to discuss. However, the “landed poor” motto may need to go.

[PD]

There do seem to be a bunch of scared sounding trolls in this thread. Further, they obviously know nothing about most of the posters here. Many of us went for the “American Dream” and cashed out before it became the “American Nightmare.”

I don’t want to see anybody hurt. However, it is going to happen and it is waaaaay to late to stop the train.

[barnaby33]

Come on SD Realtor, your wife is not on this board. You are not automatically wrong.

Josh

[Anonymous]

Well, there is at least one here that has a brain (Ozzie). sdrealtor had nothing of value other than I am not a regular, so I don’t matter and “bye…don’t let the…..”. I love that one. And let us not forget the “PLEASE!!” response from LA_Renter. Wow, that was impressive! Then there is lurkor who found it necessary to repeat much of what I said as well as much of what made me say it, he’s a regular Hemmingway. Then we got our awakening from citydweller, who once again figures there is something outside his/her realm of responsibility that must be causing this.
I have learned a lot over my 10 years of “tenure” in the real estate business and one of the most useful things I learned was that there are people that make things happen and people who whine and complain about things happening. The ones who make things happen are rarely heard from and the whiners and complainers can be hear anytime you go into the office coffee room. They usually tend to hang out together so they can comisserate and make each other feel better for their own inadequacies. I already know I have worn out my welcome on this whining blog, but that’s okay because I don’t hang out with those supposed AGENTS, that’s right, don’t call yourselves REALTORS(r) because you dont understand the meaning (let alone know how to properly type it), and sooner or later you will all have to go back your your old real jobs so you can fail at that again. Don’t forget to hook up with the other company complainers when you get there, they will make your stay so much more comfortable. Those who are “occasional trolls” mentioned by your very impressive and obviously enlightened sdrealtor (sdagent) and do not come back to talk with you are very likely to have the same knowledge I have. Expect more to run across your lame excuses for your own reality, we are everywhere and we usually try to help. Take care!

[sdrealtor]

Bye Dean,
And to think for the last year you all have been calling me a starry eyed optimist.

sda;)

PS Ramona is gonna get slaughtered

[lurkor]

Allow me to translate dcarlso’s rambling and ungrammatical attempt at a comeback:

1. people who analyze something based on actual data are “whiners”

2. people who cluelessly believe whatever they are told and enthusiastically buy in to an obvious speculative bubble are “go-getters”

3. dcarlso is superior because he/she is a realtor(r) and not an agent

4. by insulting us, calling us names, and providing questionable realtor(r) propaganda, dacarlso is just “trying to help.”

Dcarlso, don’t waste your time trying to figure out what’s going on like some whiner. Get out there and be a go-getter… now is a great time to buy!

[LA_Renter]

DCarlso1,

You do not know one person on this board. You have made a litany of assumptions that only you made up. You don’t know me. You know nothing of the risk I or anyone on this board has taken or of the successes that we have had. You sir are belligerent.

To everyone else
I know, I know……Dont feed the trolls

[salo_t]

DCarlso1, I think your really missing the point of this site. You should go back and read the write ups and graph’s that Rich has put together over the years. While most people were taking out risky illegal loans to buy property they could never in their lifetime afford and patting themselves on the backs while telling each other they are about to become the next millionaire Rich was building an argument that something was seriously wrong with it all. Turns out he was 100% correct and he probably saved a lot of people from buying at the wrong time and getting themselves into major trouble. So really this web site is helping people. Do you see a problem with that?

[Anonymous]

sdagent, I had no doubt you would know how to Google. I tried to Google you but I couldn’t narrow it down for sure, due to that fact that you couldn’t be original with your name. None the less, you still had nothing of value to say. Expose yourself if you want to criticize. Otherwise, move on with your loyal and no doubt similar protégés.

[barnaby33]

DCarlso1, I actually feel sorry for you. Most of the trolls come and go without pouring so much passion into their posts. Its a shame and I really mean that, that you couldn’t bring that much intellect to bare on the problems we discuss on this board.

Most of us, though by no means all, don’t wish other people to come to harm. However, the only way the system can right itself is if alot of people get harmed alot, and some get completely burned.

As to the difference between do-ers and complainers you are right. The people on this board have quite often been here a long time. Most of us had to buck the intellectual trend to find this place. We had to endure years of endless prattle about, “it only goes up.” We hardly qualify as complainers. Especially since all of us have had ideas attacked and had to defend them.

Your comments strongly hint that you are an agent, good luck with that going forward. There is a huge difference between hoping for a good future and planning for one by research. Most of the folks here fall into the second category. If there is a bit of schadenfraud in our souls, it must be forgiven; if for no other reason than the amount of crapola we have had to collectively endure from the other side of the fence for years.

Vaya con dios hombre.

Josh

[Author]

Posts