Why are you here?

[Ricechex]

I love these boards. Heard about it on CL, and lurked for awhile, a bit intimidated by some of the complex postings. I already owned a house, but have always monitored the housing market.

What I found here, was a whole bunch of smart folks, and mostly critical thinkers, even when their thoughts and ideas differ. People that seemed to be able to discern between what is fed to us by media and what is actually true.

I was on here about a year, and ended up quite accidentally meeting my BF. Yeah! Who would have thought?

[Downtowner]

I moved here from the Midwest in June 2004(nice timing!) My wife was under the mantra “renting is a waste of money” – “the American Dream is to own a home” – white picket fence and all that crap! Anyway, she is a CPA, so I knew the only way to sway her was numbers & data – Rich had this and more!

[Downtowner]

I moved here from the Midwest in June 2004(nice timing!) My wife was under the mantra “renting is a waste of money” – “the American Dream is to own a home” – white picket fence and all that crap! Anyway, she is a CPA, so I knew the only way to sway her was numbers & data – Rich had this and more!

[Downtowner]

I moved here from the Midwest in June 2004(nice timing!) My wife was under the mantra “renting is a waste of money” – “the American Dream is to own a home” – white picket fence and all that crap! Anyway, she is a CPA, so I knew the only way to sway her was numbers & data – Rich had this and more!

[Downtowner]

I moved here from the Midwest in June 2004(nice timing!) My wife was under the mantra “renting is a waste of money” – “the American Dream is to own a home” – white picket fence and all that crap! Anyway, she is a CPA, so I knew the only way to sway her was numbers & data – Rich had this and more!

[Downtowner]

I moved here from the Midwest in June 2004(nice timing!) My wife was under the mantra “renting is a waste of money” – “the American Dream is to own a home” – white picket fence and all that crap! Anyway, she is a CPA, so I knew the only way to sway her was numbers & data – Rich had this and more!

[CA renter]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

That’s a bit harsh, paramount.

We have been bubble-sitting since 2004, but not because we wanted to “buy low and sell high.”

I bought the original house as a single person, and after marriage and a couple of kids, we outgrew it. We looked around for a slightly larger house in an area closer to my husband’s work, and were blown away by how widespread the bubble damage was (IMHO, the damage was on the way up, not on the way down). Our only option was to sell and rent, as we were not going to become FBs and end up like everyone else who over-leveraged to get into some crappy house.

Buyers **chose** to overpay. This cannot be emphasized enough. The fact that they had the govt and the REIC pumping them full of BS certainly added to the problem, but people like myself (not to mention the tireless bloggers like Rich who were putting in lots of time and effort for free) were trying to **warn** others about the bubble.

We have been very vocal about it from the very beginning. Those who bought at the top absolutely **chose** not to listen — and I cannot begin to tell you about all the arguments we’d get into with friends, family, co-workers and neighbors about this. The information was out there.

[CA renter]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

That’s a bit harsh, paramount.

We have been bubble-sitting since 2004, but not because we wanted to “buy low and sell high.”

I bought the original house as a single person, and after marriage and a couple of kids, we outgrew it. We looked around for a slightly larger house in an area closer to my husband’s work, and were blown away by how widespread the bubble damage was (IMHO, the damage was on the way up, not on the way down). Our only option was to sell and rent, as we were not going to become FBs and end up like everyone else who over-leveraged to get into some crappy house.

Buyers **chose** to overpay. This cannot be emphasized enough. The fact that they had the govt and the REIC pumping them full of BS certainly added to the problem, but people like myself (not to mention the tireless bloggers like Rich who were putting in lots of time and effort for free) were trying to **warn** others about the bubble.

We have been very vocal about it from the very beginning. Those who bought at the top absolutely **chose** not to listen — and I cannot begin to tell you about all the arguments we’d get into with friends, family, co-workers and neighbors about this. The information was out there.

[CA renter]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

That’s a bit harsh, paramount.

We have been bubble-sitting since 2004, but not because we wanted to “buy low and sell high.”

I bought the original house as a single person, and after marriage and a couple of kids, we outgrew it. We looked around for a slightly larger house in an area closer to my husband’s work, and were blown away by how widespread the bubble damage was (IMHO, the damage was on the way up, not on the way down). Our only option was to sell and rent, as we were not going to become FBs and end up like everyone else who over-leveraged to get into some crappy house.

Buyers **chose** to overpay. This cannot be emphasized enough. The fact that they had the govt and the REIC pumping them full of BS certainly added to the problem, but people like myself (not to mention the tireless bloggers like Rich who were putting in lots of time and effort for free) were trying to **warn** others about the bubble.

We have been very vocal about it from the very beginning. Those who bought at the top absolutely **chose** not to listen — and I cannot begin to tell you about all the arguments we’d get into with friends, family, co-workers and neighbors about this. The information was out there.

[CA renter]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

That’s a bit harsh, paramount.

We have been bubble-sitting since 2004, but not because we wanted to “buy low and sell high.”

I bought the original house as a single person, and after marriage and a couple of kids, we outgrew it. We looked around for a slightly larger house in an area closer to my husband’s work, and were blown away by how widespread the bubble damage was (IMHO, the damage was on the way up, not on the way down). Our only option was to sell and rent, as we were not going to become FBs and end up like everyone else who over-leveraged to get into some crappy house.

Buyers **chose** to overpay. This cannot be emphasized enough. The fact that they had the govt and the REIC pumping them full of BS certainly added to the problem, but people like myself (not to mention the tireless bloggers like Rich who were putting in lots of time and effort for free) were trying to **warn** others about the bubble.

We have been very vocal about it from the very beginning. Those who bought at the top absolutely **chose** not to listen — and I cannot begin to tell you about all the arguments we’d get into with friends, family, co-workers and neighbors about this. The information was out there.

[CA renter]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

That’s a bit harsh, paramount.

We have been bubble-sitting since 2004, but not because we wanted to “buy low and sell high.”

I bought the original house as a single person, and after marriage and a couple of kids, we outgrew it. We looked around for a slightly larger house in an area closer to my husband’s work, and were blown away by how widespread the bubble damage was (IMHO, the damage was on the way up, not on the way down). Our only option was to sell and rent, as we were not going to become FBs and end up like everyone else who over-leveraged to get into some crappy house.

Buyers **chose** to overpay. This cannot be emphasized enough. The fact that they had the govt and the REIC pumping them full of BS certainly added to the problem, but people like myself (not to mention the tireless bloggers like Rich who were putting in lots of time and effort for free) were trying to **warn** others about the bubble.

We have been very vocal about it from the very beginning. Those who bought at the top absolutely **chose** not to listen — and I cannot begin to tell you about all the arguments we’d get into with friends, family, co-workers and neighbors about this. The information was out there.

[JustLurking]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

Apparently Paramount’s definition of a schemer is someone who does thoughtful research and takes the time to educate themselves about housing and economics before making a major financial purchase.

[JustLurking]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

Apparently Paramount’s definition of a schemer is someone who does thoughtful research and takes the time to educate themselves about housing and economics before making a major financial purchase.

[JustLurking]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

Apparently Paramount’s definition of a schemer is someone who does thoughtful research and takes the time to educate themselves about housing and economics before making a major financial purchase.

[JustLurking]

[quote=paramount]I wanted to get in the mind of the schemers of the Real Estate world, the very people who turned real estate into a market not unlike the stock market, where you buy a house low and sell high just like a stock 4-6 years later.

The same scammers who are as responsible as the liar buyers in decimating the only asset I really had – my house.

I figured I better start learning how these schemers operate, so at least next time I won’t be such a fool.

I would say 80%+ of the piggs on this board fall into the category of schemers IMO.

For the Love of Money…that’s what drives these schemers 24/7/365.[/quote]

Apparently Paramount’s definition of a schemer is someone who does thoughtful research and takes the time to educate themselves about housing and economics before making a major financial purchase.

[Author]

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