[admin]

PS – regarding your second post, which you posted while I was writing the last one. Unlike many forum posters I do not feel comfortable divulging my personal financial situation on a public forum. I specifically think it’s a bit crass to talk about profits one has made in the markets.

This site is about the economics of the housing market, not about me. My personal transactions are irrelevant to the topic at hand. And writing about the market doesn’t oblige me to put any of my private info into the public domain.

As I recall I was not “politely asked” anything. You posted an incorrect assumption as fact. When I asked you to stop, you re-posted it. When I asked you to stop again, you asked that I “offer up” more personal information rather than respecting my wishes.

All that said, I apologize for reacting so violently and I do appreciate your compliments. I over-reacted because I am really angry about the way that WSJ spun things and left out pertinent facts to make me look bad, and right now I am overly sensitive about further misrepresentation of my personal info.

I have now clarified the situation, despite my discomfort with publicly sharing this kind of stuff, and hopefully that puts things to rest.

sdcellar thanks for being sensitive to the regulatory shackles. This is being posted as an anonymous “admin” and there is no name attached. I am hoping that’s allowed.

[admin]

Rich, could you please inform us whether you purchased any real estate in San Diego during this housing boom? You keep saying I am wrong, but have not offered up anything else. Your past posts note that you’ve been a renter (according to the Voice of San Diego in Hillcrest) since you moved here, but kept your Texas home which you are renting out. If this is incorrect, please say so. I won’t ask again.

Everything you said in the above post is correct. This is not the same as my “never having bought during the boom” as you alleged in your earlier posts. I owned San Diego property before moving to Austin and for some of the time I was living in Austin. It was a very profitable investment and to say that I never bought or profited during the boom is categorically incorrect. To clarify something else, I recently sold my Austin house, also at a nice profit.

I’m sorry for my reaction, but after the way the WSJ article misrepresented the situation I am a little sensitive to people talking about my personal financial matters, especially when they don’t have the facts right. I am sharing this information to set the record straight, not to condone further discussion of what I consider to be my own private business.

[admin]

So my brother and Rich did not buy real estate in this boom, because they saw the bubble.

Once again, this is wrong. Despite your earlier protestation, this is not what was in the WSJ article (which was itself very light on facts, to put it kindly) and it’s not true. Please stop repeating it. I won’t ask again.

[admin]

Our host, Rich, didn’t buy any real estate at all, and missed out on the biggest real estate boom in San Diego history.

Please do not post factually incorrect personal information about “your host.”

[Author]

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