Patrick.net is DOOMed


By LarryPatrickMaloney   Follow   Wed, 12 Oct 2011, 9:14pm   16,829 views   199 comments
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I've been a fan of patrick.net, since 2006 or 2007? The early days.

I have seen a tragic downturn in the quantity, and quality of real estate postings over the past few months.

Every day, it's 70-80% of left leaning, political rhetoric.

If Patrick doesn't mend his ways, this site will not remain a haven for real estate watchers, and will pass away.

Cheers,

Larry

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  1. Serpentor


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    1   9:57pm Wed 12 Oct 2011   Share   Quote   Permalink   Like (3)   Dislike (1)  

    is that a threat? lol. who the fuck are you?

    do you have data that says traffic is down, or is down due to the political leaning of the website owner? This is his site, he can do what he wants with it.

    he doesn't censor our opinions, you have no right to tell him how to run his site.

  2. Patrick


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    2   10:03pm Wed 12 Oct 2011   Share   Quote   Permalink   Like (2)   Dislike   Protected  

    Welcome back again Larry! Didn't you swear you'd never read my site again several times now?

    I'm flattered you think my super-leftist powers are capable of changing the world! If not, why keep protesting?

    My dirty secret (shhhh) is that I'm actually quite the little capitalist, but little capitalists like me and you have no chance against the big ones who defeat the free market every day and get bailouts when they fail in their rigged market anyway. Their secret? Lobbyists!

    You don't have a lobbyist for yourself, do you? Didn't think so. HTF are you going to get anywhere on a playing field that's tilted about 89 degrees?

    To quote myself from another thread:

    There is no fact that will be acceptable to him unless it also allows him to join the ruling class. His reality will be instantly sorted into acceptable facts which promote his tiny but non-zero chance of being dominant, and unacceptable facts which threaten it.

    The American Dream is to join that ruling class, and so the ruling class is admired, and seen as worthy of imitation, especially their refrain about the "liberty" to join.

    But the ugly fact is that the ruling class is IN THE WAY of anyone else joining. They already have that position, and they're not about to give it up.

    America has the highest wealth inequality and lowest social mobility of any industrialized country. Most wealth in America is inherited, not earned. Look it up. The ruling class is permanent, with few exceptions. But those exceptions are critical for gaining the near-religious support of their servants.

    The reasoning goes something like "I must protect the ruling class, because I intend to join them one day." But in protecting them from the free market, fair taxation, and labor laws, he makes it nearly impossible for himself to join.

    BTW the site is doing fine. Email subscriptions and forum traffic are way up.

  3. Patrick


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    3   10:38pm Wed 12 Oct 2011   Share   Quote   Permalink   Like   Dislike   Protected  
  4. LarryPatrickMaloney


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    4   10:51pm Wed 12 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Patrick,

    I read a posting you made, about why you are left.

    The problem is, your premise is wrong. The ruling class of our country is not the Republicans, or the right, it is the left.

    All those bail outs when to Obama supporters, and financial institutions that bribe Washington (yes Lobbyists ) to pass and bias laws for themselves.

    Like Michael Moore, your anger is justified, but it's just misdirected.

    The true populist road, leads back to the constitution, and people like Ron Paul.

    Many of your views are shared by people like me, and other Tea Party members, but you have fallen prey to the massive lies the left has spewed upon the minds of American thought for three generations.

  5. gameisrigged


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    5   1:56am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Oh no! The left is spewing all over our minds.

  6. Taint Boil


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    6   3:26am Thu 13 Oct 2011   Share   Quote   Permalink   Like (2)   Dislike  

    I check Patrick.net every day and I send a lot of traffic your way. Wink, wink via ZeroHedge. Keep up the good work.

  7. pianist


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    7   4:14am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    I was attracted to your site because of my interest in RE, but became captivated by the political articles. However, as one who also comes from a "capitalist" persuasion, I might have dismissed your site as noise had I seen the left-leaning links ahead of RE news, as has been the case a few times. IMHO, today's (10/13/11) layout of links strikes a perfect balance for engaging a new visitor interested in RE, while at the same time giving us veterans some interesting "left-leaning political rhetoric." Thank you!

  8. StoutFiles


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    8   5:15am Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike  

    larrypatrickmaloney says

    I have seen a tragic downturn in the quantity, and quality of real estate postings over the past few months.

    Every day, it's 70-80% of left leaning, political rhetoric.

    You could always build larry.net. There you could decide all the links and control all the forum topics.

  9. bulletdodger


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    9   5:17am Thu 13 Oct 2011   Share   Quote   Permalink   Like (2)   Dislike  

    (Exactly) what pianist said.

    BD

  10. Buster


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    10   7:12am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike (1)  

    Interesting thread. The way I see it, this thread mirrors the reality on the ground. Huge chunks of the 99% have been manipulated over the last 30 years to believe that they too can join the 1% if they play by the rules that they have cemented in. Problem is, the rules as they currently stand have warped beyond recognition what capitalism is all about. Now you simply have a system that rewards those who have with minimal to zero tax liability, no enforcement or watering down of financial laws and ethics, and public financial subsidization of the powerful when things go wrong but minimal wealth sharing when things go right. The body politic is finally waking up to the reality that they have helped create. They have consistently voted against their own self interests for 3 decades and the results are finally in. For full disclosure, and by any objective measure, I am in the 90-95% and I have never supported the likes of Larry or the right. I have never supported the corruption that exists on the right and to a lesser degree on the left or bs trickle down theories, etc. Follow the money and you will always receive the truth in return. The bottom 90% are 'doomed' unless they can turn this around quickly. It will not be pretty or easy trying to do so. This site may help lead the way back to rational and equitable playing fields. Keep on Patrick and site posters.

  11. San Diego Renter


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    11   7:17am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike (1)  

    People have to be deprogrammed in this country. The left-right battle is a distraction - promoted by politicians and media, but counter-productive to almost everyone else. When it comes to crony capitalism, real conservatives are as offended as anyone. This is a fight that we all should be engaging in - on the same team (unless you happen to be on the Bush-Obama team).

    http://www.capitalismwithoutfailure.com/2011/10/dear-occupy-wall-street-focus-on-people.html

  12. Bitcoins arent the future?


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    12   7:17am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    seems to me that when this site hits its maximum popularity, we will be at the bottom of the housing bubble

  13. Bunny Pumpkin


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    13   7:53am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Actually, I read it much less since Patrick turned into another Huffington Post knock-off. And I don't think he can stop this degradation... you gotta think for yourself, not parroting lefties.
    I hope your business will take off, and also I hope they will over-tax you - maybe you'll finally wise up.

    Sorry Patrick, but you off my bookmarks list - it was really good and original, but this site quickly turned into worthless propaganda megaphone...

  14. PasadenaNative


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    14   8:04am Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike  

    Don't give in Patrick, I'm about as Left as one can get and I don't see this as a Lefty page by a long shot. All of us citizens who are educated and rational must bear the brunt of the Idiocracy....

  15. PasadenaNative


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    15   8:05am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Oh, and Krugman 2012!

  16. joshuatrio


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    16   8:12am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Patrick - you could be on your way to having the same type of fan base/similar site as drudgereport, or similar high traffic news sites where people come for certain types of news.

    What makes your site way better is that you have the link submission section. Not to mention, you can't stand realtards.

  17. StoutFiles


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    17   8:15am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Bunny Pumpkin says

    Sorry Patrick, but you off my bookmarks list - it was really good and original, but this site quickly turned into worthless propaganda megaphone...

    Well, with your two comments you really contributed a lot. You will be sorely missed.

    Patrick links to articles without any bias and lets people talk about whatever they want on the forums. What more do you want from him? Ban people for speaking their mind? If you're mad that the site is too "left", then go find a "right" site.

    To me, it's just a housing site where the majority of people are annoyed about how the economy has tanked the past few years and how realtor business practices have been less than great. I don't look at it politically. We're all in this boat together.

  18. bubblesitter


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    18   8:20am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    It is about time to start not left leaning http://larrypatrickmaloney.net

  19. TPB


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    19   8:35am Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike  

    This sites political discourse attracts the Stew pot for a hat crowd.

  20. edvard2


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    20   9:00am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Actually I feel like there is a fair amount of political back and forth on here, which makes sense because real estate is a point of interest for everybody. People of differing political opinion are always going to debate and that debate is what keeps the traffic flowing. It all boils down to everyone trying to exert their opinion.

  21. iwog


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    21   9:05am Thu 13 Oct 2011   Share   Quote   Permalink   Like (16)   Dislike   Protected  

    Most of the "leftists" on patnet would have been considered right wing Republicans 50 years ago.

    I own a business, have employees, own handguns, and advocate core family values. I'm very much against communism and socialism, I don't believe in no-fault divorce, I cheered when Bin Laden was executed, I want stronger border controls, and I don't believe in affirmative action or special rights for minority interest groups.

    Apparently that makes me an extreme leftist. Why? Because I think raising taxes on rich people to a fraction of what they were under Reagan is a good idea.

    We don't really have left and right in this country anymore. We have constitutionalists who still respect the American government, and we have borderline fascists who want to tear it apart.

  22. Patrick


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    22   9:14am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike   Protected  

    San Diego Renter says

    When it comes to crony capitalism, real conservatives are as offended as anyone.

    Reminds me of a great quote I saw recently: "Conservatism is a political philosophy; the farce currently performing under that marquee is an inferiority complex in political philosophy drag."

    larrypatrickmaloney says

    All those bail outs when to Obama supporters, and financial institutions that bribe Washington (yes Lobbyists ) to pass and bias laws for themselves.

    You can see the biggest bribers right here:

    http://www.opensecrets.org/orgs/list.php?source=patrick.net&order=A

    I admit that list is more blue than red. So you'd be ahead if you agree to a ban on all private campaign money and have publicly funded campaigns instead:

    http://www.getmoneyout.com/

  23. madhaus


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    23   9:26am Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike  

    And it's time for a political put-down from the "Elephants good, Donkeys bad" wing of the FoxNews Party. Wheee!

    Real estate sites as a whole are down a LOT from the bubblicious days. For more proof of this than you'd ever want, have a look at this article I did, The Decline and Fall of the Real Estate Bubble Site.

    http://www.burbed.com/2011/01/02/the-decline-and-fall-of-the-real-estate-bubble-site/

    Burbed traffic is definitely down compared to 2008. We always appreciate it when Patrick links to one of our articles.

  24. CL


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    24   9:36am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    larrypatrickmaloney says

    Every day, it's 70-80% of left leaning, political rhetoric.

    If Patrick doesn't mend his ways, this site will not remain a haven for real estate watchers, and will pass away.

    Pure piffle. Don't let this thought occupy a single cell in your cranium.

    What is the alternative to your "leftist" truth? Post an article with disproven political rhetoric posing as economics? Some Ayn Rand fantasy or Ron Paul R3volting whatever the fuck that means?) Spare the job creators?!?!!?!?

    Pure piffle.

  25. Patrick


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    25   10:37am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike   Protected  

    madhaus says

    Burbed traffic is definitely down compared to 2008. We always appreciate it when Patrick links to one of our articles.

    2008 was the peak for distinct IP addresses per day visiting the Patrick.net website as well, at about 18,000 per day. Now it's about 12,000 per day on the website, but the email subscribers to the links went from nothing to about 9,000 per day. So overall a gain, but a shift away from reading the links on the web to getting them by email. The number of comments per day on the forum has also grown strongly for the last 3 years, after going back and forth at first:

    The site is usually 1st in Google for lots of terms like "housing market news" or "housing crash" but has a high bounce rate, like 53%, so 53% of people who get there from Google immediately go somewhere else. Not sure why. Maybe because it's too much text.

    On the other hand, the people who poke around the site usually stay. The site has a very high loyalty, with the majority of readers visiting every day.

    Of course I'd like to improve all that.

  26. PockyClipsNow


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    26   10:40am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike (1)  

    Well the first 3 years of this site half the posts were preoccupied with 'are we in a housing bubble?/ if so when/how far will prices crash'.

    Well if you live in flyover things are probably near bottom.

    The policitcs is interesting because the dem/repubs all want to 'make housing only go up' and make us all debt slaves to banks. Yes even the democrats! Obama is the bailout king version #2 - and has said 'we need to put a floor under house prices' even BEFORE he was elected.

    Of course the main difference between Obama and Bush is ....nothing. Still fighting the same wars and the Feds still raid the pot houses in CA. WTF has changed?

  27. edvard2


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    27   11:03am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    I'm not a SEO or specialist but to me the reason why RE sites still attract people is because real estate and housing is as much an emotional, social issue as a financial one. The symbolism behind owning a house has more meaning than the house itself and when we can't have one or easily buy one then the gut reaction is that its unfair. This is especially true in the Bay Area where despite the higher salaries professionals who "should" be able to buy a house can't or won't because suddenly doing so starts to lose rationality. Its also because a lot of people here feel that they "should" be able to buy a house yet they can't and want to know why- an answer they will probably never fully receive.

    Many of these sites I feel are used as people to either justify their thoughts, plans, or reasons for buying, not buying, or otherwise. Its a sort of reassurance. It boils down to the same basic questions:

    " Houses are expensive here.... should I buy?" or- I'm frustrated that I can't afford or can't rationalize buying a house here but that's ok because I'm a rational person and thus I am smarter for not doing so."

    The other reason that RE sites are a draw still is also because during the bubble there was a perhaps irrational and highly believed line of thought that there would be a crash and instantly we would all be able to scoop up houses we rightly deserved at prices we could easily afford because we had all been soooo smart for staying out of the whole mess. Yet that didn't happen and for all practical matters the Bay Area is as expensive as ever, prices barely budged in any of the central locations and people are still happy as clams to plunk down half a mil for a POS. Not much has changed and this probably makes a lot of those who were counting on the crash to bring down prices disappointed. As long as places like the Bay Area have irrationally priced housing sites like these will probably do just fine.

  28. Patrick


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    28   11:18am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike   Protected  

    Patrick says

    but has a high bounce rate, like 53%, so 53% of people who get there from Google immediately go somewhere else. Not sure why. Maybe because it's too much text.

    Say, what if I put some new piece of cheesecake on the home page each day? Just to get attention from the men at least, and lower the bounce rate. Actually, I've read that women also prefer to look at good-looking women:

    I could include a disclaimer like "She has nothing whatsoever to do with this site. She is there just to catch your attention."

  29. PockyClipsNow


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    29   11:50am Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    You should feature 'hottie realtor of the day'.
    THEN IS REAL ESTATE RELATED! lol

    The drawback is you will have to look at 350 fify seven year old ladies to find one hottie.

    here is the link

    http://www.realtor.com/realestateagents/?source=web

  30. FortWayne


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    30   12:05pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    iwog says

    Most of the "leftists" on patnet would have been considered right wing Republicans 50 years ago.

    I own a business, have employees, own handguns, and advocate core family values. I'm very much against communism and socialism, I don't believe in no-fault divorce, I cheered when Bin Laden was executed, I want stronger border controls, and I don't believe in affirmative action or special rights for minority interest groups.

    Apparently that makes me an extreme leftist. Why? Because I think raising taxes on rich people to a fraction of what they were under Reagan is a good idea.

    We don't really have left and right in this country anymore. We have constitutionalists who still respect the American government, and we have borderline fascists who want to tear it apart.

    Except in action you do exact opposite. But hey, nice message though.

  31. Patrick


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    31   12:09pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike   Protected  

    edvard2 says

    I'm not a SEO or specialist but to me the reason why RE sites still attract people is because real estate and housing is as much an emotional, social issue as a financial one.

    I think everything you said in that comment is true. But even if prices in the Bay Area are still way too high, interesting things are going to continue to happen, like the lowering of the jumbo loan limit, and that inevitable major earthquake.

    PockyClipsNow says

    You should feature 'hottie realtor of the day'.

    THEN IS REAL ESTATE RELATED! lol

    The drawback is you will have to look at 350 fify seven year old ladies to find one hottie.

    here is the link

    http://www.realtor.com/realestateagents/?source=web

    Hey, they don't have a "search realtors by hotness" option! That's definitely an unserved market.

  32. Buster


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    32   12:11pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    LOL. Good idea Patrick.

  33. B.A.C.A.H.


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    33   12:29pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    larrypatrickmaloney says

    If Patrick doesn't mend his ways, this site will not remain a haven for real estate watchers, and will pass away

    Larry,
    sounds like you need to make your own website.

  34. gregpfielding


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    34   12:57pm Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike (1)   Protected  

    It isn't conservatism or liberalism that is screwing everything up. It's corporatism.

  35. Common Sense Citizen


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    35   1:07pm Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike  

    I'm with Larry on this one. This blog started off so well circa 2006, which is when I started reading. Over the past number of years the leftist, nonsense propaganda that has crept in has been disgusting, and offensive at times. I'm not right wing republican either so don't start throwing those darts either. It's been really sad. So I've since taken to just subscribing to the blogs that provide useful, nonpartisan, real estate information. Patrick, you always talk about keeping you're site alive with donations. I would happily give had you not introduced so much political garbage into your site. I am a physician and we spend much of our training these days being "culturally/politically/religiously sensitive". You would catch, maintain, and retain a mucher wider base if you kept the focus of your site on what it started out as. Many of my friends that I initially turned on to your site have since stopped reading for the same reasons. Its obviously your site that you can do what you want with, and that is still part of what makes the US "ok". Just some suggestions. Take care.

  36. Truthplease


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    36   1:12pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    iwog says

    Most of the "leftists" on patnet would have been considered right wing Republicans 50 years ago.

    Exactly!

  37. Common Sense Citizen


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    37   1:13pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    PasadenaNative says

    Don't give in Patrick, I'm about as Left as one can get and I don't see this as a Lefty page by a long shot. All of us citizens who are educated and rational must bear the brunt of the Idiocracy....

    I am educated (MD with 5 years of post medical school education for a total of 13 years after high school, I'm sure that's more than you) and am not part of any idocracy. Just because someone doesn't agree with you doesn't mean they're part an "idocracy", unless, of course, that is how you define it, which you may.

  38. bob2356


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    38   1:37pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    Common Sense Citizen says

    Over the past number of years the leftist, nonsense propaganda that has crept in has been disgusting, and offensive at times.

    Gee, how did you miss all the rightist nonsense propaganda? There are just as many right wingnuts posting as left wingnuts. Use the ignore.

  39. Common Sense Citizen


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    39   1:40pm Thu 13 Oct 2011   Share   Quote   Permalink   Like   Dislike  

    bob2356 says

    Common Sense Citizen says

    Over the past number of years the leftist, nonsense propaganda that has crept in has been disgusting, and offensive at times.

    Gee, how did you miss all the rightist nonsense propaganda? There are just as many right wingnuts posting as left wingnuts. Use the ignore.

    I'm talking about the links on the right side of the page, not the forum stuff.

  40. Patrick


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    40   1:43pm Thu 13 Oct 2011   Share   Quote   Permalink   Like (1)   Dislike (1)   Protected  

    Common Sense Citizen says

    the leftist, nonsense propaganda that has crept in has been disgusting, and offensive at times. I'm not right wing republican either

    No one but a right wing republican ever says things like "leftist, nonsense propoganda".

    Like Larry, you feel compelled to defend a ruling class that could not care less about you, because you hope to join them one day. And that hope blinds you to the fact that they are IN YOUR WAY.

    Your income is probably mostly a high salary as a doctor, right? So you pay the maximum income tax. Their income is far higher and does not require your skills, and does not even require doing anything useful at all. They could be a blithering idiot with a giant trust fund. Their income is just from mere ownership and monopolization of land and other assets. And their tax rates are much lower!

    How are you going to join them when:

    A: your time is far more limited because you actually do something useful all day
    B: your income from that productive work is lower than theirs
    C: your taxes are higher than theirs

    You will always lose ground to them until we have fair taxes. Meaning low taxes on productive work and high taxes on non-productive ownership and rent-seeking.

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