WatchI like a good discussion. I research facts to back up my opinions, and make the best decisions I can as an investor based on these facts. Discussions with others with differing opinions is the most valuable, because their insights give me other aspects to look at, and sharpen my analysis.
But lately, everything I post on patrick.net is immediately replied to with personal insults by a jealous idiot named dunross. I call him an idiot, because rather than actually debate anything with facts he merely misdirects with insults. I post copious facts backing up my beliefs, and would welcome an informed debate with anyone providing other facts to think about, but that isn't what i get, instead:
1. I don't know what supply and demand is.
2. I don't have any education, I'm just a realtard. (not with standing my graduate work in mathematics at U. C. Berkeley, or nearing 2 decades as a math professor)
3. I'm a liar.
4. all sources of reference are lies...
In 2005, when I began speculating that real estate would take a big dive, and selling my investment properties, I found this site, patrick.net. It was a great place to bounce ideas off of others, and try to think what would happen. I also wrote my ideas on zillow.com, and was continuously attacked by others (often with the same emotional immaturity as this nitwit dunross) that prices could not, would not fall. They were just as bitter, probably because deep inside, they knew they were screwed and had screwed up... Now, ironically, I get the same attacks from the other direction...
My analysis has been and continuous to be based on mathematical reasoning. You can find it here,though I no longer have the zillow account. It is fairly thorough, and treats price/rent, supply versus demand, job trends, etc. to balance out all the factors one should consider:
http://www.zillow.com/advice-thread/When-to-buy-a-home-for-the-thinkers-in-the-room/46686/
It even links to why buying in a dropping market is a big risk, which might be a surprise to those who try to paint me in the 'always buy' camp.
I'm sure that what dunross is, is an engineer. He thinks he is smarter than everyone else, believes he should be rewarded for his brilliance with a 100K home in san francisco with an ocean view, and it hasn't happened. So, his god has let him down, and he has to lash out. [ I worked in engineering for five years, Hughes aircraft, followed by grumman aircraft, so I know the type... ]
The thing is, his constant personal attacks, and carte blanche statements reduce the value of this site to visitors. Nobody knows the future, but that doesn't mean that thinking about it, particularly fact based analysis, doesn't have merit.
Patrick started this site with as simple but prescient notion: prices were too high compared to incomes and rents... but it has turned into a religious forum for anti housing zealots, and that isn't really worth much to anyone who is looking for a discussion or hoping to learn about the likely future of the market.
Follow
Befriend
17 threads
1,606 comments
I think you need to take a break from the computer for awhile.
Follow
Befriend
28 threads
1,489 comments
San Jose, CA
Premium
Personally, I feel that Patrick should delete all posts with headings mentioning another member. This is very bad taste and has no business being on this blog, especially coming from someone who claims to be mistreated and have his feelings shattered.
Follow
Befriend
10 threads
419 comments
Just wait banks convert all their houses into rent property.
Follow
Befriend (4)
52 threads
4,416 comments
Corning, NY
Premium
I don't understand how speculation on future price movements (of any asset) can become personal. It's speculation! Another word for guessing.
At least Wall Street traders place their bets on computer screens and take their wins/losses. It doesn't get personal.
Follow
Befriend (8)
40 threads
2,062 comments
Pleasanton, CA
Premium
Cry baby tears. Roberto has no problem degrading and attacking anyone with an opinion that differs from his. Now we see postings like this trying to rally people to his side, saying he is being attacked. Just incredibly immature. Too bad there isn't a math equations for maturity. If there was it would go like this
Maturity = Sum (birth to now) [experience] + a little humbleness + healthy self esteem - virtues of greed, righteousness, and superiority.
I think Roberto's Maturity value would be so negative it would be risking going into the imaginary world. It would take a heavy does of multipliers to get back to the real world and attempt to get back to even.
Follow
Befriend
1 threads
79 comments
New Lenox, IL
I read posts from a lot of the same "readers" and I've come to a conclusion that you and others wear your "dick on your chin.
So many of you should pool your resources and:
Humble yourselves since your all so educated.
Call a truce.... or
Start another website so you can go brag about your dicks somewhere else.
Follow
Befriend (3)
29 threads
505 comments
Denver, CO
Just use the ignore feature. The only "problem" with the ignore feature is that you can still see topics that they start and can also see their replies when someone else, whom you have not ignored, replies to them. Seriously great way to roll.
Follow
Befriend (5)
10 threads
2,329 comments
I can't believe you are not aware of "ignore" function.
Follow
Befriend (4)
357 threads
965 comments
Goran_K,
These two need to get out of the gutter & join me in the sewer.
Sometimes EGO doesn't have a pretty face.
Follow
Befriend (48)
274 threads
12,655 comments
47 male
Lafayette, CA
Premium
xenogear3 says
The interesting rate can still go lower, and there's no such thing as panic when you're at positive cash flow and both rents and property costs are rising.
Follow
Befriend
1 threads
1,055 comments
lisalisa says
You are so lady like, you must have attended one hell of a finishing school.
Follow
Befriend (2)
14 threads
651 comments
robertoaribas says
then you say, hypocritically
you've got a chip on your shoulder.
you insult individuals.
you insult broad groups (bears, pat.net users, engineers, etc).
you constantly repeat that you made a good call(hint: no one cares except you, and it makes you seem insecure. like al bundy constantly telling people he scored 4 touchdowns in a game for polk high)
you constantly complain about pat.net and how it's run.
after insulting individuals and broad groups of people you then complain they attack you, without realizing you were the one instigating.
you will note i didn't attack you personally(at the least i'm not name calling). i am communicating your behavior on this site to you of which you seem to be oblivious. you fail to realize, you're as much at fault as the others.
if you posted minus the insults, people would actually enjoy your posts(i'm sure i'm not the only one that loves data and analysis). personally, i can't stomach reading them because of your belittling attitude.
Follow
Befriend (23)
56 threads
4,081 comments
Scottsdale, AZ
robertoaribas's website
renterwithlessthanhalfabrain, and war are precisely what I am talking about...
Yesterday, I posted a link to more facts about housing than these two idiots have posted in 1000 posts combined. They contribute nothing to any discussion ever, and have made the patrick.net site useless for anyone who wanted to actually learn anything about housing.
Follow
Befriend (31)
34 threads
2,612 comments
San Jose, CA
Premium
jsmarket says
@patrick,
I think JSmarket is dead on the issue. You might want to take his opinion into consideration.
Follow
Befriend (31)
34 threads
2,612 comments
San Jose, CA
Premium
robertoaribas says
Roberto,
I think you're taking it the wrong way. Have you ever thought that these guys/gals might have a crush on you? :)
Follow
Befriend (54)
5,240 threads
6,175 comments
46 male
Menlo Park, CA
Premium
ELC says
Yes, maybe it is time to finally make some system that tells which accounts are posting from the same IP address.
Follow
Befriend (5)
10 threads
2,329 comments
xrpb11a says
LOL. Good one. I was just trying not to hurt your eyes. :)
Follow
Befriend (4)
26 threads
1,566 comments
Laguna Beach, CA
Premium
Robert, I think both you, and Dunross (believe it or not) contribute a lot to this forum. Yes, both of you are on opposite sides of the track and simply disagree on where housing is going, fine.
I think both of you are guilty of taking it "into the gutter" at times, because that's what happens when an immovable object meets an unstoppable force.
If you guys dropped the "you're a moron", and "you're a dumbass" lines, I think the two of you would actually get into some interesting debates. Also, I think there is something to be said about agreeing to disagree sometimes.
If all else fails, use the ignore feature, it's super effective I've found.
Follow
Befriend (3)
3 threads
658 comments
Fort Lauderdale, FL
swebb says
All I know is he's disrespected me for no reason other than he disagrees with me so I have to believe he's doing the same with others. I feel the temptation to let him have it and watch him say, "why me?" But I let it slide and don't block him because he is a perfect representation of the analytical buyer. If you watch what he does and says you'll know what the herd of small time investors are thinking, and that's very valuble.
Follow
Befriend (3)
3 threads
658 comments
Fort Lauderdale, FL
errc says
Sometimes it's not crowded because it's a bad deal. My inexperienced friend has learned that the hard way at tax deed auctions. Bidding against a few people with more money than brains. So sure he discovered burried treasure. Till he gained access and realized he was burried in beer cans, rats and feces rather than treasure.