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2005 Apr 11, 5:00pm   196,924 views  117,730 comments

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44329   Robber Baron Elite Scum   2014 Mar 21, 12:34am  

Call it Crazy says

Keep carrying on loser...

Ahhh my god... You called me loser over the internet? I'm going to cry now because I value what you think of me.

44330   bubblesitter   2014 Mar 21, 12:53am  

bg says

What is it you are looking for him to provide? Addresses an sales histories?

Just curious.

Sure, including numbers to prove that positive cash flow, otherwise I believe everything I read on internet. LOL.

44331   control point   2014 Mar 21, 1:22am  

jojo says

We will also take into account the 6% commission to exit the trade.

Ok, so you will consider it a "win" if the median Price increases less than 6%.

44332   smaulgld   2014 Mar 21, 1:29am  

Call it Crazy says

The combination of steep price appreciation and rising mortgage rates is likely coming as a shock to many prospective buyers, particularly first-timers.

That is the crux of the problem and why the "recovery' can't last

44333   hrhjuliet   2014 Mar 21, 1:32am  

Still waiting.

44334   hrhjuliet   2014 Mar 21, 1:52am  

Are you kidding Jojo?

44335   gsr   2014 Mar 21, 2:15am  

jojo says

Redfin site 2 years from today then you are the winner. Very simple.

Perhaps this should be adjusted for inflation.

44336   hrhjuliet   2014 Mar 21, 2:26am  

I bet that it makes a little tiny zig zag here and there all year. Like a little bipolar line that when looked at distance, or when looked at over a two year span, is nothing more than a flatline. I think it will start to head noticably down in November, but not a crash, just slowly downhill for a few years. Of course, I'm not betting because my prediction is just a layman's guess, and you two clearly have more experience.

44337   control point   2014 Mar 21, 2:58am  

Don't you have midterms or something to study for?

44338   zzyzzx   2014 Mar 21, 3:10am  

http://www.dailymail.co.uk/news/article-2586013/Malaysian-woman-claims-seen-missing-MH370-water-near-Andaman-Islands-day-disappeared.html

Malaysian woman claims to have seen missing MH370 in the water near Andaman Islands on day it disappeared

44339   Ceffer   2014 Mar 21, 3:15am  

i'm so glad you two have found each other. it's touching.

44340   bubblesitter   2014 Mar 21, 3:18am  

Haha. Love on the internet at it's best.

44341   bubblesitter   2014 Mar 21, 3:20am  

jojo says

Yep, ur chicken.

I feel for you. :)

44342   CL   2014 Mar 21, 3:23am  

Ceffer says

Must have mistaken him for Fred Phelps.

In America, Putin fucks Obama in the ass on a horse. In Russia, horse fucks you! ~ Yakov Smirnoff

Other than rhetoric that is silly and intellectually weak shorthand for "Democrats" suck, I don't even accept the premise.

If Carter sucked (and I don't accept that he did), by what metric would you not judge George H. W. Bush as "Carter", or George W. Bush as "Carter"? I say Reagan was a two-term version of Nixon, what..with all the ass-fucking they both gave the constitution.

Both Bush Presidents had approval ratings equal to or below Carter's at their lows. Carter never had a massive terror attack on his watch, either.

"He kept us safe!!!". If he were a Republican, the convention would have howled with delight, chanting that slogan like a Buddhist monk.

44343   Heraclitusstudent   2014 Mar 21, 3:30am  

You picked the wrong county.
You should have bet on Modesto.

Who knows how many gay Billionaires want to live in Santa Clara?

44344   zzyzzx   2014 Mar 21, 3:55am  

Two-thirds of those who live paycheck to paycheck aren't poor, they are just plain stupid!

44345   John Bailo   2014 Mar 21, 4:06am  

Unless you have a lot of self-control, it's easy to let the spending go way, way up. I know because I used to be there and it took some personal Shock Doctrine to ratchet down my needs.

However, it's oh so easy to get sucked down the drain. Case in point, my son visiting from college. I usually take him shopping for clothes when he periodically visits. However, while I myself shop at Wal*Mart, he wants stuff from the department stores. Last time, he gathered up a few multicolored shirts (not far from t-shirts) at Macy's and with a few other things, cologne, it ended up being $600. That's an extrodinary sum for me. I just bought my years wardrobe of t-shirts and sweatpants for under $100.

44348   dublin hillz   2014 Mar 21, 4:30am  

The only way that house prices go down in SFBA is if rents go down. What I can tell you is that exact same floor plan that I rented in my last year as a renter (mid 2010 - mid 2011 lease) is now 41.9% higher than it was back then. The rental rates are sticky even despite the tax cut on social security tax going away. So, rental rates have increased on average by 10% a year since 2010. Now, I don't think that this type of annual rental increase is sustainable in the long run but at the same time rents show no signs of declining in upper tier apartment complexes, most likely driven by demand of tech workers. So why would house prices decrease since I am sure that most people have some type of annual rent ratio in their minds when they make buy vs rent decisions?

44349   Bigsby   2014 Mar 21, 4:38am  

jojo says

Bigsby says

No, it isn't. The median list price is 829k.

http://www.redfin.com/county/345/CA/Santa-Clara-County

If you click the link it shows the pagw at the top of this thread. Sale prices are the only real measure. People can list at anything.

Oh right, Santa Clara, not the county. Don't you think 157 houses is a rather restricted range to set your price point from? Why not pick a larger catchment area for a more realistic picture?

44350   Strategist   2014 Mar 21, 4:48am  

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.
It's illegal betting.

44351   Strategist   2014 Mar 21, 4:51am  

jojo says

Strategist says

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.

It's illegal betting.

No one needs to know its a bet of any sort. We just need a third party.

Escrow needs a contract. How will they know who won?

44352   Strategist   2014 Mar 21, 4:54am  

Strategist says

jojo says

Strategist says

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.

It's illegal betting.

No one needs to know its a bet of any sort. We just need a third party.

Escrow needs a contract. How will they know who won?

Robber baron the banker will be glad to hold it - for ever.

44353   Y   2014 Mar 21, 4:56am  

Thats low information planning. So typical of you.
We declare war on Ukraine instead over unpaid loans with the indiginious ruskkies becoming collaterial damage.
lostand confused says

Does one really think we can declare war on Russia?

44354   Heraclitusstudent   2014 Mar 21, 5:21am  

Call it Crazy says

Go back and ask the people in the 2007 to 2009 date ranges if they liked the 3% annual climb they had in prices....

Sure. But it's a question of whether we are more like 2004 or 2006.

44355   Strategist   2014 Mar 21, 5:25am  

Heraclitusstudent says

Call it Crazy says

Go back and ask the people in the 2007 to 2009 date ranges if they liked the 3% annual climb they had in prices....

Sure. But it's a question of whether we are more like 2004 or 2006.

Why does it have to be a boom or a bust?
It could be a slow moving boring market for years.

44356   zzyzzx   2014 Mar 21, 5:30am  

John Bailo says

Last time, he gathered up a few multicolored shirts (not far from t-shirts) at Macy's and with a few other things, cologne, it ended up being $600

Then perhaps you should take him shopping at WalMart instead.

44357   Heraclitusstudent   2014 Mar 21, 5:32am  

Call it Crazy says

Place your bet... Which one is it??

I have no idea.

I would bet the market would be lower in real terms in 2024.

44358   Heraclitusstudent   2014 Mar 21, 5:40am  

Call it Crazy says

What about in the next year or two?

I have no idea.

44359   John Bailo   2014 Mar 21, 5:47am  

zzyzzx says

you should take him shopping at WalMart instead

You don't have children do you?

44360   Tenpoundbass   2014 Mar 21, 5:59am  

maybe when he gets out of office, he can ride in the back of a work truck with Jimmy on the way to a Habitat for Humanity home build.

44361   Vicente   2014 Mar 21, 6:24am  

zzyzzx says

Wouldn't drones be well suited to search for the wreckage over open ocean?

Most drones don't have the kind of range needed. They are long-endurance and low-speed to loiter over combat zones. The infamous Predator for example:

Range: 675 nmi (675 mi or 1,100 km)

A nearby ship could do lots of detailed searching I suppose, but ship-launched is more complex. The X47-B could do it, but it's not operational yet.

44362   Vicente   2014 Mar 21, 6:57am  

Well everyone knows Obama is an empty suit, and wears Mom jeans. Obama also knows EVERYTHING thanks to the NSA and is an iron-fisted dictator. Just like Jimmy Carter.

44363   CL   2014 Mar 21, 7:20am  

Vicente says

Well everyone knows Obama is an empty suit, and wears Mom jeans. Obama also knows EVERYTHING thanks to the NSA and is an iron-fisted dictator. Just like Jimmy Carter.

Kind of like Reagan was a simpleton mastermind. That always made us on the left seem illogical too. :)

44364   Vicente   2014 Mar 21, 7:24am  

CL says

Kind of like Reagan was a simpleton mastermind.

Ah but Reagan WAS a mastermind.

http://screen.yahoo.com/president-reagan-mastermind-000000075.html

He just acted the simpleton.

RIP Phil Hartman

44365   FortWayne   2014 Mar 21, 8:42am  

Straw Man says

Iosef V HydroCabron says

The toppling of the pro-Russian regime was a consequence of CIA and other U.S. government backing for the opposition and the protesters.

What a steaming pile of crap.

Someone had to finance that operation, it was not a cheap job. Don't know if it was us or someone else, but we do have a history of doing that with other countries.

We did the same thing in Egypt recently after elections didn't go the way we wanted them to.

44366   FortWayne   2014 Mar 21, 8:44am  

Vicente says

Ah but Reagan WAS a mastermind.

Yes he was, and he was damn good at it too!

44367   dublin hillz   2014 Mar 21, 9:01am  

Yeah if a doctor has membership at 40 wineries and lives "check to check" then they are poor by choice.

44368   Heraclitusstudent   2014 Mar 21, 9:15am  

sbh says

What is "recent" is scalable, and recency bias or normalcy bias is easily used by those who oppose trend.

The recency bias from the past 1200 yrs is that we are 'recovering' from the fall of the Roman Empire.

When SHTF, and cannibal barbarians arrive, this will be revealed as one big illusion.

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