- On 20 May 2013
in
Is real estate bubble 2 showing some strain?,
robertoaribas said:
The current economic environment is the result of dirt cheap credit, not jobs or any other economic fundamental.
wrong. We've seen consistant economic and job growth for over three years now. deepcgi says
WHO is going to be the first-time home buyer? If they can't get loans based on liar-loans, then how?
In Phoenix, and honestly most non coastal real estate markets, prices are actually still quite low. The median in Phoenix has risen from $113K to $180K, and even an FHA mortgage on the median home would have a payment less than rent. No liar loan needed at all.
Screw living in CA.
People have finally taken to the idea of using dirt-cheap crystal clear high-definition video conferencing if you deal in Ones and Zeros like so many of us do. My competitors in California and Seattle can't possibly compete with my low overhead. Screw living in CA.
why austin? why not move to Bali?
Get ready for worldwide, simultaneous, multi-currency meltdown.
Do you have an extra tinfoil hat you can sell me? deepcgi says
Is it because it's been 35 years since the last round of high interest rates and inflation? YEP.
high inflation eventually helps housing prices... Especially for someone like me, with long term debts under 4%.
- On 20 May 2013
in
Is real estate bubble 2 showing some strain?,
robertoaribas said:
yes, I sold 4 properties in late 2004, early 2005. i parked the money in a 2 year note, thinking that would be long enough for the crash... miscalculated that!!!
Last year, as I saw supply dry up here in phoenix, I quicked my pace of buying, and now have 15 homes.
Here, I'll write it in Haiku form for you:
Demand and Supply
Tell you when to sell and buy
permabears will cry! - On 20 May 2013
in
The housing bears are rightfully frustrated,
robertoaribas said:
I'm happy to answer your questions because I'm getting to a point of no debt Bob. I'm even thinking of paying off my house, the one you have a hard time figuring out.
the same house that on two different occasions, you were debating walking away from... sure you are going to pay it off!
You've asked me a bunch of questions, but you never answer mine. Why is that Bob?
more bullshit from the forum resident idiot.
why should anyone take advice from a broke old dude like you, david losh?
this is how I want to spend my days, when I am an old guy: cleaning somebody's kitchen for $20 an hour!
- On 20 May 2013
in
Is real estate bubble 2 showing some strain?,
robertoaribas said:
I think, if that is a strategy, that Real Estate is done.
you don't think. You don't even know what thinking is... You've been saying "real estate is done" for two years, meanwhile prices in your town seattle have gone flying up..., both IWOG and I have seen great appreciation. you don't even address how you were so wrong 2 years ago, and keep right on giving bad advice.
I get that mom, dad, and the kids want a house to live in, but they have other expenses. If rents continue to rise you'll find fewer consumers for your home.
really? people will quit renting? are they going to buy, which you claim is bad, or what, live in their cars?
Investors can find better returns in apartments, or scaled development than buying houses.
BULLSHIT! I looked at apartments over the past five years, and single family homes and condos dropped far further in price. This is typical dumbass david losh, post something as if it were a fact, when he doesn't have a clue what he is talking about; otherwise, link some apartments for sale that are better deals, actually back up something that you say with a FACT. (that would be a first time ever for you) David Losh says
When we start seeing price appreciation slowing more investors will sell. I see it later this year, and the next.
you didn't see the last two years price increases, but you still insist on giving us your forward looking statement! You have unmitigated gall to think your opinion, which has been 100% wrong, is now somehow meaningful.
A young poster on activerain shot your bs down with the best line: "why would I take advice from a broke ass old dude?"
- On 20 May 2013
in
Is real estate bubble 2 showing some strain?,
robertoaribas said:
People refuse to believe they were wrong about their real estate investments the first time they busted.
what i see, is people refusing to believe they were wrong about predicting the market to go further down!
- On 19 May 2013
in
The housing bears are rightfully frustrated,
robertoaribas said:
Bob, your fascination with me is flattering, I'm sure, but you have nothing to say.
Everybody is getting paid Bob, they just may not like the terms.
I have no interest in you. As near as I can figure you are a regular bubba.
So really Bob, what is the problem?
Ha Ha Ha... Bob... that's funny....
Actual I prefer Roberta for him, because he usually has so much PMS going on, just like a teenage girl.....
hey I can take on two dumb assholes at the same time, not a problem!
"everybodies getting paid" really? why did they sue you? why did the IRS file a tax lien against you?
- On 19 May 2013
in
The Most-Corrupt Administration Ever?,
robertoaribas said:
Really? the president has zero oversight of the IRS, by law, and you really think he had a personal hand in the cincinatti office? did he open all the mail too?
On Benghazi, it has turned out that the GOP had edited the emails to make Obama look worse; the biggest failure on this one, is ABC news, who lied that they had the actual emails...
what you got next, dipshits? the umbrella incident?
- On 19 May 2013
in
Ground report from Cupertino,
robertoaribas said:
Yellow Alert: More and more houses showing up in Sunnyvale, and now in Mountain View. Three just put up for sale signs on my street this week.
Spring market, or are owners looking for the exits?
Realtor.com shows 32 single family homes, 11 condos for sale in cupertino. two weeks ago, when you posted your first nonsense, @IWOG counted 37 homes. was that single family, or single family plus condos, Iwog?
- On 19 May 2013
in
Would shorter amortizations make the housing market safer?,
robertoaribas said:
It would be safer for everyone for their to be no downpayments all all, only cash or FU.
Prices would be much lower and responsible people who save could pay cash.
It's exactly the maximum-debt-for-plebians system that keeps the 1% in power.
sure it would.
Rents would be much higher, and only the ultra rich could afford to own rentals....
Go to some countries without much mortgage lending, and see how people live; Philippines comes to mind.
- On 19 May 2013
in
Systemic crisis 2013:,
robertoaribas said:
wow, pathetic links!
someday, maybe you guys might want to learn how to read and think!
- On 19 May 2013
in
OAS says No more drug war in Latin America,
robertoaribas said:
OH! and this is all Obama's fault!
This actually is Obama's fault. he could immediately order the justice department to use prosecutorial discretion, and quit harassing marijuana stores in states that have legalized it; further they could scale back pressing drug possession prosecutions.
- On 18 May 2013
in
The housing bears are rightfully frustrated,
robertoaribas said:
Banks made a mistake when they went to 28% interest. All banks got the same deal, most took it, because they would rather be paid than not paid. Two that didn't take my offer filed in court, and got less.
Keep it up mr. "I don't pay the banks, they can sue me, and the IRS toO!"
Look it Bob, once again, everybody is getting paid, so what is your problem.
I've warned you before about making false statements, but you can't help yourself.
false statements?
- On 18 May 2013
in
Why the hell is gay sex immoral?,
robertoaribas said:
heck, if half you closeted guys get comfortable with it, and start picking up guys it should leave alot more loney women for me and uncle Jody!!!
- On 18 May 2013
in
New report may kill the house mortgage interest deduction,
robertoaribas said:
You DIDN"T vote yourself a 15fold increase in taxes because YOU don't live in those houses, your TENANTS do!!! You just voted THEM an increase in their rent, because you just pass those increase tax costs through to them..
Nice try ASSHAT!!! But Double FAIL!!
wow, you are even stupider than I though!!!
rents are set by supply and demand; NOBODY will pay more rent, simply because the landlord's expenses went up!
So, seeing my taxes go up does NOTHING WHATSOEVER to the rent I can charge!!
not to mention, all of my homes are on leases, so I couldn't raise any rent for around a year on any of them, even if the market would support higher rents.
Triple fail for you! I know you don't like me, but I had no idea you were this stupid!
- On 18 May 2013
in
Kai 'The Hatchet Hitchhiker' Is Accused Of Murder,
robertoaribas said:
He said he was drugged.
well, that proves it then. I mean, if he said it, it must be true.
it doesn't justify the killing, but it certainly ain't murder then.
no, actually, it is murder then. You REPORT crimes, you don't wake up the next day and avenge them.
unless they find other incidences it seems strange to suddenly murder someone.
well, I'm pretty sure most murders do a first one; I guess anyone ever accused probably didn't do it, because most of the time they hadn't done it before...Like Jody Arias, hell she never killed anyone before, so no doubt her guy had it coming too.
but come to think of it, i'm going to point out just how stupid your "logic" is:
you say "he wouldn't be murder cause he didn't murder before..."
but what about he hasn't raped anyone, so why do you jump to the idea of him raping the kid so quicklY?You are not doing yourself a favor if you can't think logically without gender bias
No gender bias at all, though I'm not surprised with the weak think you'd jump to that. Jody Arias was guilty as hell too.
Would you have said the same thing if it was a female 30 something vs a 78 year old male?
well, yeah since I just did with a 30 something against a 30 something male.
Why do you think he would like to have sex with 78 year old men? Certainly not for the money,
probably for the money, or maybe there wasn't sex, he just killed the guy... time will tell.
I am surely glad you are not a professor of law ;)
why would I care what someone evidencing no thinking ability at all thinks I could do?
- On 18 May 2013
in
Kai 'The Hatchet Hitchhiker' Is Accused Of Murder,
robertoaribas said:
It looks like they have evidence for a sexual encounter between the two - not sure at this point, the media can get ahead of itself. But if they do, that seems like some facts to me.
yeah, if they had a sexual encounter, it had to be rape. and, he couldn't leave, or call police, I mean a 78 year old guy would kick your ass...
so, murder him and go on the run is what anyone would do...
mell, mell, mell. You either need to start thinking more, or quit thinking all together. one or the other.
- On 18 May 2013
in
Kai 'The Hatchet Hitchhiker' Is Accused Of Murder,
robertoaribas said:
"If Kai was a woman this story would be covered completely differently. It would read internet celeb kills accused rapist."
except that doesn't seem to be supported by any facts in this case.
- On 18 May 2013
in
Why the hell is gay sex immoral?,
robertoaribas said:
Sodomy, by any of the myriad of definitions, occurs throughout nature and therefore cannot be contrary to nature.
infanticide occurs throughout nature too; rape occurs throughout nature. So, I'm not going to say if something occurs in nature, it is therefore ok. Mind you, I'm on your side on this argument, but I'm not sure that is your strongest case you can make!
- On 18 May 2013
in
Why the hell is gay sex immoral?,
robertoaribas said:
glendon has such a problem with gay sex, cause he is closeted... He doesn't want it out and "in his face" so to speak!
- On 18 May 2013
in
I don't understand Paul Krugman,
robertoaribas said:
gold is done, stick a fork in it...
we have just watched a tectonic shift in fossil fuel extraction, as new methods have made previously unreachable sources viable.
watch what drilling improvements and robotics do to gold extraction... then, as the hedge against inflation, and "always holds up as a store of value" erode, and it becomes just shiny metal, it will plummet.
I should sell my old necklace and wedding band from back in the day... where the hell are they? i better sell them before they drop!
- On 18 May 2013
in
New report may kill the house mortgage interest deduction,
robertoaribas said:
But what if oldsters retire to another state(eg NYC to Florida)? Should they pay school taxes in Florida or NYC? Is it fair that they pay lower taxes in Florida when they and their kids attended school in NYC?
as our system is set up, you pay school taxes primarily on the property you live in, so thats the way it is...
I don't have kids, and can't have kids. I still pay school taxes. I actually even vote to raise them as I support education, and want to see it improve.
Right... of course you want school taxes raised.. not biased are we??? Coming from a guy who teaches at a community college...
SCHOOL TAXES refer to public school i.e. K-12. I voted to increase that portion of my property taxes to help out the public schools, which won't help out the community college district one cent. with 15 homes, that actually means I was voting myself a 15fold tax increase compared to a person who has one.
nice try ass-hat, but FAIL!
- On 18 May 2013
in
Obama budget proposal would cut deficit by one trillion dollars,
robertoaribas said:
Hahahahahahaha - and there will be little fairy princesses and pink unicorns will fart rainbows too.
actually, you are an idiot. the deficit is falling faster RIGHT NOW, than almost any time in history. The sequester is only a small part of that, the improving economy is the biggest part.
the non partisan CBO office put out estimates of the deficit: $640 billion this year, down from over a trillion last year. That will in fact be the lowest deficit since 2008.
http://www.cbo.gov/publication/44172
the "obama spending meme" only lives due to utter ignorance.
- On 18 May 2013
in
New report may kill the house mortgage interest deduction,
robertoaribas said:
Old people do not benefit as much with schools as younger people with children.
bullshit excuse. old people had children that went to school, other old people paid taxes to put their kids through school. Old people went to school when they were young, other old people paid taxes for them...
I don't have kids, and can't have kids. I still pay school taxes. I actually even vote to raise them as I support education, and want to see it improve.
We all win with better education, not just people with kids. hell, we need someone smart coming up to fix all the problems we are going to leave them!
- On 18 May 2013
in
Housing starts plummet,
robertoaribas said:
If you weren't joking, that's a shame. Some of the street food in Asia is spectacular. And that is not a joke. And to say that locals don't eat it is even more ridiculous.
He is totally full of bs!
even in ultra high tourist areas of bangkok, like sukhumvit road, you see 1000's of westerners walking right by the street food vendors on the soi's (side streets) meanwhile all of the pre-school sized plastic chairs and tables are filled with thai people. I even had trouble ordering lunch at some of them, they have had so few foreign customers they haven't bothered with menus or learning enough english to take an order! Where do you think all of the thai's working in the hotels, stores etc eat? $10 lunches in fancy restaurants?
At first I went to starbucks everyday, until I recognized/ learned how to order coffee in thai from the street carts. $3 latte in the morning? I think $0.50 for a big assed street latte sounds better, hell I'll get another one over ice later!
If you wanted one step safer, underneath many malls, there is a local people's food court. You have to buy tickets, and use or return all of the tickets that day, cause they expire the same day, and you pay with tickets at the various stands inside. I'd get a big spicy salad, plus another dish, plus some kind of fruit juice for a dollar or two, in bangkok. In a smaller city, it was cheaper. I had made friends with a thai girl who sold timeshares, so every year when I arrived in bkk, she'd set me up on 3 or 4 of the stupid presentations, and then take me out for a good dinner and drinks for each one! (she made $50 or so for each appointment she set) She showed me all of the best authentic thai places to eat around there, and showed me the safe and good places to get thai street food.
You can get poisoned anywhere; my girlfriend got food poisoning from a famous scottsdale restaurant near where we live.
- On 18 May 2013
in
Zell says buying houses as investment bad idea,
robertoaribas said:
I dunno about the 100% cotton. JC looks like the kind of guy who would benefit from a wrinkle free polyester blend. Less likely to pick up Cheetos stains too.
Uncle Jody has style!