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In United States
Registered Feb 12, 2010
SiO2's most recent comments:
- On 29 Sep 2014
Zillow lowers California house prices,
Zillow changes their "history" and "zestimates" quite radically at times
Yes. My house's historical Zestimate is different now than it was 5 years ago. It's one thing to change the algo over time and have the zestimate change. It's another to claim that the zestimate was $1m in 2009, when in 2009 it showed $800k. The comps are useful, and there's other interesting info. But the zestimate is not really reliable.
- On 25 Sep 2014
The 2014 housing market and my prediction for 2015,
If my 2017 guess proves correct, there is going to be a significant buying opportunity from 2018-2020. However I doubt it will be as severe a drop as 2007-2008.
Thanks for your thoughts.
You had written before that the black swan event would be of such magnitude that you would sell everything and move to a different country. But, if 2018-2020 is less severe than 2007-2008, that's not so bad: hardly AF territory. Have you reduced the risk estimate? Or are you just jonesing to hang out on the beach?
- On 22 Sep 2014
ISIS is NOT coming here...,
There has not been one single Afghan security force trained by American forces, who didn't use their skills to either make a bomb and take out Americans and other Afghan trainees, or just open fired on them.
Is this sarcasm? Or is the statement really that 100% of Afghan security forces have shot at or bombed Americans?