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April 26, 2009 at 2:07 PM in reply to: Deadly New Mexican Flu Virus Sparks Global Pandemic Fear #387842April 26, 2009 at 2:07 PM in reply to: Deadly New Mexican Flu Virus Sparks Global Pandemic Fear #388041
patientrenter
Participant[quote=Enorah]And the fear machine continues.
[/quote]
+1.
How much of our news is just overplaying our fears? It has more in common with watching a slasher movie than any actual education about the broader world. But I know, the slasher movies are very popular, so never mind, and enjoy the show!
April 26, 2009 at 2:07 PM in reply to: Deadly New Mexican Flu Virus Sparks Global Pandemic Fear #388096patientrenter
Participant[quote=Enorah]And the fear machine continues.
[/quote]
+1.
How much of our news is just overplaying our fears? It has more in common with watching a slasher movie than any actual education about the broader world. But I know, the slasher movies are very popular, so never mind, and enjoy the show!
April 26, 2009 at 2:07 PM in reply to: Deadly New Mexican Flu Virus Sparks Global Pandemic Fear #388235patientrenter
Participant[quote=Enorah]And the fear machine continues.
[/quote]
+1.
How much of our news is just overplaying our fears? It has more in common with watching a slasher movie than any actual education about the broader world. But I know, the slasher movies are very popular, so never mind, and enjoy the show!
patientrenter
Participant[quote=CA renter]Great list.
Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.
patientrenter
Participant[quote=CA renter]Great list.
Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.
patientrenter
Participant[quote=CA renter]Great list.
Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.
patientrenter
Participant[quote=CA renter]Great list.
Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.
patientrenter
Participant[quote=CA renter]Great list.
Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.
patientrenter
ParticipantI have no idea who is the best for any specific area in SD, Michelle, but I know that if I were buying in San Diego, I’d look up SDR (Adam). Enough non-boosterism honesty on this board over years to gain credibility with me. No idea if he’s as good at all the other parts of the job as he is at convincing skeptical Piggs he is trustworthy, but if you cannot trust your advisor, then what use is all the rest?
That’s based on superficial knowledge. I am sure there are others who are also excellent.
patientrenter
ParticipantI have no idea who is the best for any specific area in SD, Michelle, but I know that if I were buying in San Diego, I’d look up SDR (Adam). Enough non-boosterism honesty on this board over years to gain credibility with me. No idea if he’s as good at all the other parts of the job as he is at convincing skeptical Piggs he is trustworthy, but if you cannot trust your advisor, then what use is all the rest?
That’s based on superficial knowledge. I am sure there are others who are also excellent.
patientrenter
ParticipantI have no idea who is the best for any specific area in SD, Michelle, but I know that if I were buying in San Diego, I’d look up SDR (Adam). Enough non-boosterism honesty on this board over years to gain credibility with me. No idea if he’s as good at all the other parts of the job as he is at convincing skeptical Piggs he is trustworthy, but if you cannot trust your advisor, then what use is all the rest?
That’s based on superficial knowledge. I am sure there are others who are also excellent.
patientrenter
ParticipantI have no idea who is the best for any specific area in SD, Michelle, but I know that if I were buying in San Diego, I’d look up SDR (Adam). Enough non-boosterism honesty on this board over years to gain credibility with me. No idea if he’s as good at all the other parts of the job as he is at convincing skeptical Piggs he is trustworthy, but if you cannot trust your advisor, then what use is all the rest?
That’s based on superficial knowledge. I am sure there are others who are also excellent.
patientrenter
ParticipantI have no idea who is the best for any specific area in SD, Michelle, but I know that if I were buying in San Diego, I’d look up SDR (Adam). Enough non-boosterism honesty on this board over years to gain credibility with me. No idea if he’s as good at all the other parts of the job as he is at convincing skeptical Piggs he is trustworthy, but if you cannot trust your advisor, then what use is all the rest?
That’s based on superficial knowledge. I am sure there are others who are also excellent.
patientrenter
Participant[quote=contrarian][quote=contrarian]The top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
[/quote]We may be close!!
I’m still waiting for #4 and #1. (Forget about #8 — it will never happen. What was I thinking?)[/quote]
Very enjoyable post, from the distant mists of history, contrarian. I see #3 is not happening either. Instead, pols from both parties have lined up behind the greater govt efforts to pour money into housing in a powerful scheme to keep prices high. Consider all the expanded GNMA, FHA, FNMA, FHLMC, FDIC etc programs, and then add the mortgage loan interest deduction and relief from capital gains taxes on house price gains, and the Fed’s bias to lower interest rates….
It actually isn’t necessary for a good economy to have ANY of these ridiculous supports for home prices. Germany (post-WW2) is a decent example. Whatever else you may think of Germany, it’s hardly an economic or political basket-case.
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