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Bobby went off his rocker. He wasn't talking like someone rational.
I think Bobby is bipolar- he doesn't always act crazy, but only in fits and bursts. I bet Bobby doesn't even know he's bipolar. There's medication that really helps people like him- it is a brain chemical imbalance that medication can help a lot.
Poor Bobby. He can't help acting crazy...
and frankly all the investors/flippers ever did was to insult renters ...
By the same token, all you have ever done is scare the shit out of them - posting your insipid chart and telling them to expect a quick "reversion to the mean" - telling them about jobs disappearing en masse for a decade (ignoring all the while prices were increasing) - waxing rhapsodic about what it was like in the 80s - saying the last 15 years has been nothing but "hype"
And yet, pretty much every single thing you have written in the last 4+ years... thousands upon thousands of posts predicting a downward direction of prices has proven... wrong.
Does this bother you? Even in the slightest?
To put it another way - do you ever plan on reviewing your thesis of an imminent crippling decline, and conclude - after years upon years of stagnation and then price increases - gee, maybe I am wrong?
Now knowing you, you are sitting there reading this and getting all angry about me calling you out like this...You are probably thinking, why ill show him - I will tell him all about the 80s and reversion to the mean and shiller, and jobs, and and and.
Before you do so, please, take a deep breath, calm down and answer what I ask of you. All the rest of your Chewbacca style defense we all have heard perhaps hundreds of times by now. Seriously, if that is all you are going to say, please, spare us - just run away and pretend like you never saw this post.
So that said, if you do plan to answer, I ask you, as I have asked perhaps 50+ times by now, (yet not once have you clearly answered)....
Is there ever a time, perhaps this year, perhaps next where you will look at the prices of homes continuing to confound your predictions and conclude gee, maybe I am wrong???
Is there ever a time, perhaps this year, perhaps next where you will look at the prices of homes continuing to confound your predictions and conclude gee, maybe I am wrong???
Let's see if cdon can resist talking about Phoenix home investments....
Is there ever a time, perhaps this year, perhaps next where you will look at the prices of homes continuing to confound your predictions and conclude gee, maybe I am wrong???
Let's see if cdon can resist talking about Phoenix home investments....
To be honest, I dont care at all about Phoenix, or really investing in rental properties in the slightest.
Tell you what, for the time being, lets table the discussion and I promise I will answer anything and everything you want to know on my views upon housing once Thomas weighs in.
So again, Thomas - the ball is in your court...
We disagreed on the morality perhaps, but in the noble words of Winston Churchill:
You may want to read the rest of the article/speech. Churchill's "land monopolist" was referring to aristocratic/feudal land holders who inherited agricultural land and denied development in order to avoid property tax during the time of holding land for future sale. It has nothing to do with today's "landlord" renting out usage of houses but more akin to "conservationists" who deny development
RFHTC, seeing as you are now clearly winding down your time on this blog - I want to ask you about some stuff you said this summer, starting with this:
It does??? Here is today's Case Shiller... Want to take a guess at the direction of home prices??
Huge down movement is already happening, we just have to wait for the data to get collected as we speak. Anyone thinking of selling but waiting is a fool. Now is a much better time than later.
and culminating in this:
Yes, and they are. Just wait until you are shocked by the sales that are
occurring today in both the new and existing homes.
No offense, but you've been preparing me to be shocked for quite some time now. And your track record for delivering the shock is zero. I think I'll continue believing that the appreciation will slow this year, but there will be no reversal.
That is exactly why you and many will be shocked. To the point you will rush to the nearest agent and sell your cozy shack for 40 cents on the dollar.
most of your comments were found around numbers 140-170 above
Anyhoo, now that time has proven all your apocryphal language about a massive downturn in case shiller prices, into yet-another-nothingburger, care to tell us what the hell all that was about?
I mean the way you wrote that stuff, you really were expecting the CS index to be in sort of massive upheaval by now, with all the bulls running around screaming with their hair on fire - OMG, SELL SELL SELL!
Yet, as is so often the case here on patnet, nothing has happened. Case Shiller is largely following its normal seasonal patterns, lower MOM but higher YOY, and likely higher in 2014... So again, what the heck was all that bluster all about? What was it that you thought you saw that caused you to get so hysterical?
DinOR and PeterP
Don't get me started. What a simple PatNet world it was then. I used to read it for the downright clever and witty repartee. Alas!, with the housing crash we all angled for back then, this place has now become morose and polarized and seems to have lost its Way With Words.
By the same token, all you have ever done is scare the shit out of them - posting your insipid chart and telling them to expect a quick "reversion to the mean" - telling them about jobs disappearing
And yet, pretty much every single thing you have written in the last 4+ years... thousands upon thousands of posts predicting a downward direction of prices has proven... wrong.
which oddly enough came to be true from Miami to Phoenix.. needless to say it has more history than most other claims i heard since 2000. It scared them.. GOOD!
I did my job right! Like i said couple of years ago.. its a good time to buy in Miami, just dont trip over the dead bodies... so where were the Flippers/Investors for Miami.. not to be found, because their scam no longer worked.
Yes, reversion to the mean actually came true... CA is still pending a correction..
To put it another way - do you ever plan on reviewing your thesis of an imminent crippling decline, and conclude - after years upon years of stagnation and then price increases - gee, maybe I am wrong?
everything you ever wanted to know ( and we all know didnt want to ask)
about can be found here....pick it up one day and actually read about it.
Now knowing you, you are sitting there reading this and getting all angry about me calling you out like this...You are probably thinking, why ill show him - I will tell him all about the 80s and reversion to the mean and shiller, and jobs, and and and.
nope.. i dont have to... all the history has been written and archived on the internet.
People down the road will easily dispute the shills who try to pump RE prices.
Don't Get Snookered by Rising Home Prices, Shiller Warns ( March 2013)
http://www.cnbc.com/id/100589622
"One thing that makes it very hard to forecast home prices right now is that we're living in a totally artificial real estate economy," said Shiller, co-creator of the Standard & Poor's/Case-Shiller Index, a widely followed measure of housing prices.
Shiller pointed to the Federal Reserve, which last week reaffirmed its policies on bond purchases and record-low interest rates. In September, the Fed launched a third round of quantitative easing (QE), in which it has bought $40 billion of mortgage-backed securities per month, primarily in mortgage-backed bonds.
Meanwhile, Fannie Mae and Freddie Mac, the two largest U.S. home funding sources, remain in government conservatorship as Congress looks for ways to raise new tax revenues, Shiller noted.
"All of these things are weighing on the futures of housing," Shiller said on CNBC's "Futures Now," adding the recovery might even be a bubble. "One thing you learn from history is that bubbles can occur at any time."
HydroCabron
2013 Dec 7, 2:48am
You and Roberto are made for each other... should people really look forward to some BIG GAINS from buying homes... or focus on aspects of their life like jobs, career, children and family ? As long as you clowns make a bundle, you couldnt care less.
Psst.. if you can reap LARGE GAINS what prevents you from suffering LARGE LOSSES...
what goes up too far too fast has the ultimate consequences of falling equally ...
Some readers may be aghast at this outburst of hatred directed at success and entrepreneurial initiative. Such class-based envy and resentment indicates a very unhealthy mind!
For those not versed in the intircacies of modern "conservative" "thought", I will attempt to explain the doublethink which allows ardent worship of the wealthy to coexist with searing class resentment in the same mind.
The key is the Nixon-Atwater-Rove-Luntz touchstone concept of the "elite." The elite are the wealthy who cheated their way to wealth through inheritance, legacy college admissions, shady deals, and rent seeking. The Job Creators, on the other hand, worked their way to wealth fair and square through inheritance, legacy college admissions, shady deals and rent seeking.
Can you guess the difference between the elite and the job creators? That's right: the elites are wealthy who oppose any of the current precepts of conservatism which its buck-toothed followers are instructed to repeat.
The beauty of this Rovian concept is that class-hatred and envy can be harnessed in defense of class privilege, so that petty haters - of success, hard work, and the upper class - will continually give blow jobs to the wealthy, in both the privacy of the ballot box and in public, at family gatherings, at workplace water coolers, and on internet forums.
If the NAACP hired Rove, they could raise money from Klan members.
Ceffer
2013 Dec 7, 3:06am
The real estate lobbyists are just around to pump up "gold fever" in real estate. Some of it may be mingled with their own wishful thinking and pipe dreams, but at heart, they are manipulators of investor opinion.
When their black swan comes to roost, they will be gone as if they didn't exist, don't try to find them, like the wheel dust of carny wagons tipping over the horizon.
would love to, unfortunately both of his screen names have been deleted...
That is too bad.
I was going to go look back at his posts. I didn't read his posts often enough to see symptoms of bipolar. I would be curious to go back and read more of it now. I just routinely got bored with Phoenix and insults, so I kind of tuned him out.
I now understand why Bobby was acting so strangely the last 6 months: his homes were dropping in value.
It's easy enough to find out the truth. Do a google search on his name and you will see 3 parcel links that he owns. Each one has dropped in value by 5 to 10k since he bought them.
Poor, crazy, deluded Bobby. Putting all your investment eggs in one basket is never a good idea.
Y
2013 Dec 7, 4:29am
For those not versed in the intricacies of modern "spelling", I will attempt to show by example how words are properly formed.
For those not versed in the intircacies of modern "conservative" "thought", I will attempt to explain the doublethink which allows ardent worship of the wealthy to coexist with searing class resentment in the same mind.
tatupu70
2013 Dec 7, 5:49am
For those not versed in the intricacies of modern "spelling", I will attempt to show by example how words are properly formed.
And the typo police have now been heard from.
The key is the Nixon-Atwater-Rove-Luntz touchstone concept of the "elite." The elite are the wealthy who cheated their way to wealth through inheritance, legacy college admissions, shady deals, and rent seeking. The Job Creators, on the other hand, worked their way to wealth fair and square through inheritance, legacy college admissions, shady deals and rent seeking.
Thank your Governor in CO who is bringing all those California jobs to your state...
He was thanking CA Gov Brown a couple of months ago on TV.. he was just happier as a South Park Cow !
I dont think you know where jobs come from !
If the NAACP hired Rove, they could raise money from Klan members.
NAACP might do well hiring Rove, they might get the corrupt leaders out and really put the "A" for advancement to the test... and show some real results !
You do know who founded NAACP ? a rich white guy...
Ceffer
2013 Dec 30, 4:12pm
I think he hired AF as a hit man to take out the intransigent Moron quorum on Patnet, so was banned and erased from the internet parchment that is Patnet.
However, rumor has it he lurks, chortles, and insults in the form of a strategist wraith.
thousands upon thousands of posts predicting a downward direction of prices has proven... wrong.
You know how much money was printed and how badly it has been debased to make you "right?"
Do you even care?
thousands upon thousands of posts predicting a downward direction of prices has proven... wrong.
You know how much money was printed and how badly it has been debased to make you "right?"
Do you even care?
Better yet is the way these guys speak of "all the perma bears" like the world is full of them. Pat.net has about 15k daily visitors, and its the largest RE bear site on the interwebs
The other 329 million americans all agree, prices only go up
"Don't listen to all the perma bears" might as well read "don't listen to the howls of all the bigfoots"
Better yet is the way these guys speak of "all the perma bears" like the world is full of them.
ChapulinColorado
2013 Dec 30, 5:37pm
Like him or not, he was lively and informative (not saying he was correct or incorrect), opinionated, and many times, out-of-control... in other words, very entertaining. Too bad he is gone IMO.
Like him or not, he was lively and informative (not saying he was correct or incorrect), opinionated, and many times, out-of-control... in other words, very entertaining. Too bad he is gone IMO.
Egads, I miss his superior intellect and the way he belittled everyone who disagreed with him.
He ended up being a distraction. If this were an NFL team, he would have been "cut" long ago.
Bubbabeefcake
2013 Dec 31, 3:57am
Like him or not, he was lively and informative (not saying he was correct or incorrect), opinionated, and many times, out-of-control... in other words, very entertaining. Too bad he is gone IMO.
Egads, I miss his superior intellect and the way he belittled everyone who disagreed with him.
He ended up being a distraction. If this were an NFL team, he would have been "cut" long ago.
Benched for poor sportmanship and unruly behavior and or muddying up the waters.....
Bubbabeefcake
2013 Dec 31, 5:04am
I miss his wit.
I miss his Charm...
I miss being called a nitwit...
Ceffer
2013 Dec 31, 5:35am
I miss his wit.
I miss his Charm...
I miss being called a nitwit...
Yup, the internet masochists have been holding prayer vigils.
ChapulinColorado
2013 Dec 31, 6:32am
Like him or not, he was lively and informative (not saying he was correct or incorrect), opinionated, and many times, out-of-control... in other words, very entertaining. Too bad he is gone IMO.
Egads, I miss his superior intellect and the way he belittled everyone who disagreed with him.
He ended up being a distraction. If this were an NFL team, he would have been "cut" long ago.
Roberto is Tebow?
ChapulinColorado
2013 Dec 31, 3:26pm
Robert "Tebow" Ribas "dropped the ball". ? ! ?
...was rooting that he would "make the catch" even when everyone else seemed to see that he just wasn't the "it" he thought he was... Hope he makes it, somewhere anywhere.
Roberta,
We know you're lurking. We want tittie pics of your nubile GF.
May I?
*ahem*
HAPPY NEW YEAR, NITWITS!!!
ChapulinColorado
2013 Dec 31, 3:39pm
Roberta,
We know you're lurking. We want tittie pics of your nubile GF.
May I?
*ahem*
HAPPY NEW YEAR, NITWITS!!!
Happy New Year "nitwits"
ChapulinColorado
2014 Jan 6, 2:11pm
What a way to start the New Year. Who will help Wogster stir the pot now?
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no one knows