patrick.net

theoakman says

Most people don't bother at all. That's why, when you have a few, its usually a red flag. When that many show up, you've obviously pissed them off. I just took a look at his youtube vids, I can see why they get frustrated with him.

His Financial Math videos seemed okay. Then again, I haven't taken a math class in decades.

btw, and this isn't a diss on Roberto, he looks like a perfectly, in shape, professional guy (sort of bad fashion sense though) but he looks exactly like my gay professor friend at USC.

Cool factoid: His first name is Robert, and his last name starts with an "R" as well. They even have very similar voices.

David Losh says

Bigsby says

He didn't. They just argued a lot. If Roberto 'cyber stalked' David, then David 'cyber stalked' Roberto.

I have no idea who Bob is, nor do I care.

He's proved to be a complete troll who is now just a nut job.

So now Bigsby, are you really sure this person is all there?

As opposed to you?

I suppose it would be easy for someone to email his school address and ask him wtf happend.

BTW I bought a house last year and posted about it and got roasted for 'being dumb'.
Its now worth 325k more than I paid which I can back up with very recent comps but I want to be anonymous. Only Roberto, and a couple others, said 'hey this guy will probably make bank' and I did.
Roberto has the cold take on reality that Mr Spock does - he doesnt 'suffer fools lightly'.

When you are always right - people hate you. Try telling everyone you know there is no god and no afterlife and Jesus was a con artist who got the death penalty from the government for banging too many jewish girls....its true and they will hate you.

ha

Bigsby says

As opposed to you?

Why would you care. I don't see a contest here.

David Losh says

Bigsby says

As opposed to you?

Why would you care. I don't see a contest here.

It's a forum, isn't it? I can express an opinion. I've read your back and forth with Roberto. You frequently responded to posts he made that weren't directed at you. If the pair of you then indulge in a lot of arguing, which you both did, then you can hardly accuse him of cyber stalking you. You were the catalyst plenty of the time, so your complaining doesn't really wash.

Bigsby says

cyber stalking

Forgive me, I misunderstood.

Cyber Stalking is when a person goes on the internet, to stalk some one. You, or anyone can look me up on the internet. I have nothing to hide, or fear.

Bob kept challenging me, and every one here to look him up, look up his properties, but why would anyone bother?

Why would I or anyone care?

As you say, it's a forum. I don't care who you are. I'm old enough to take what information I want, or need, and move on.

Bob was dangerous because he was encouraging people to buy property, and saying they were stupid if they didn't buy property.

I'm happy to say that I have given my clients the best advice, to not buy, and if they own, they should sell.

I could go on, but like I said, anyone, at any time, can look me up. I have a very good internet presence, actually, it's kind of what I do now. It's a learning curve.

anony mouse says

someone calls, from out of state, and claims he posted ON PATRICK.NET that he had a gun and was going to go crazy at school...

and I'm saying that is complete BS. If anyone called it was Bob so he can get a little more drama in his life.

Welcome back, Bob!

As I said, Bob falls for it every time. He can't resist. Can't ignore and look away. Has to reply. Hilarious!!

David Losh says

anony mouse says

someone calls, from out of state, and claims he posted ON PATRICK.NET that he had a gun and was going to go crazy at school...

and I'm saying that is complete BS. If anyone called it was Bob so he can get a little more drama in his life.

And you wonder why he argues with you? And what do you mean you've been advising your clients to sell or not buy? You run a cleaning company, don't you? And to say that Roberto is dangerous because he's talked about his success in Phoenix is utterly ridiculous. If the bears on here had bought back in 2011 and 2012, then most of them would have seen their properties rise in value, substantially in many cases. Clearly very, very dangerous.

egads101 says

yes buying property 2 years ago would have been very very bad.

Yes, Bob it would have been a mistake.

As you know the property we bought in 2006 gave us a $64K profit.

The house you keep insisting is under water already has it's money out of it, $270K, but surprise, surprise, with the work we just completed we can now sell for a slight profit more.

@Patrick, this is a very sophisticated troll. If he did call in a gun threat using your website as the catalyst, you should think about if you want him, or her here.

As much as I hate feeding a troll, it is a fascinating train wreck you have going on here.

David Losh says

egads101 says

yes buying property 2 years ago would have been very very bad.

Yes, Bob it would have been a mistake.

As you know the property we bought in 2006 gave us a $64K profit.

The house you keep insisting is under water already has it's money out of it, $270K, but surprise, surprise, with the work we just completed we can now sell for a slight profit more.

@Patrick, this is a very sophisticated troll. If he did call in a gun threat using your website as the catalyst, you should think about if you want him, or her here.

As much as I hate feeding a troll, it is a fascinating train wreck you have going on here.

He's a sophisticated troll because he boasts about his success and argues with you about your often strange posts? Hmmm...
And you should knock your gun theory on the head.

Bigsby says

And you should knock your gun theory on the head.

This is a tough one to figure out, then Bob follows that with a comment about my right to bear arms?

@Partick, very sophisticated trolling.

egads101 says

2006.... such a nice time to buy a home in seattle! none better!!!

I was wrong, so sorry!

Bob, look at the graph, we sold before August 2007. In your cyber stalking you must be able to see that.

David Losh says

Bigsby says

And you should knock your gun theory on the head.

This is a tough one to figure out, then Bob follows that with a comment about my right to bear arms?

@Partick, very sophisticated trolling.

?

It's official, David Losh is a moron and anyone who didn't buy a house because of him is a nimrod.

David Losh says

None of the data, nor economic statistics look that way.

You mean, other than the house prices?

Call it Crazy says

It does??? Here is today's Case Shiller... Want to take a guess at the
direction of home prices??

Up. Anything above zero means rising prices.

tatupu70 says

You were wrong. Own it. Move on.

All you have to do is look at today's economic data to see how wrong all of you have been.

It's already unraveling.

Let me bring in this quote from an absolute Real Estate cheerleader:

"We've seen more volatility in real estate in the past five years than we have in the past 500," said Glenn Kelman, CEO of Redfin, an online real estate sales company."

That boy has venture capital at stake.

Real Estate has been a tradition safe haven investment, now it's just fodder for speculation. Big players have entered for those 6% returns, but they will be the ones moving on.

tatupu70 says

Up. Anything above zero means rising prices.

egads101 says

The housing oracle has already foretold that price gains shall now slow.

Just more nutty responses to clog the threads.

Is this how Darryl ended, I forget.

Call it Crazy says

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.

David Losh says

All you have to do is look at today's economic data to see how wrong all of
you have been.

You're seriously losing it.

The bears didn't say economic indicators would be xyz in 2013, they said prices would fall.

And prices rose. Therefore the bears (and you) are wrong.

Call it Crazy says

tatupu70 says

Up. Anything above zero means rising prices.

Give it a few more months.... At that direction, it could be at zero soon.... Dropping from 1.73% down to 0.89% in two months ain't a positive direction....

The rate of increase has slowed yes. But like the oracle said, 11%/year growth is a FAR cray from falling.

Call it Crazy says

I know, you have a tough time following a trend line..... See if this helps
your comprehension..

I understand fine. Any time the bar is above zero means prices are rising.

Sure, prices aren't RISING as fast as they were in March, but they are still rising at a pretty healthy clip.

Call it Crazy says

tatupu70 says

Give it a few more months.... At that direction, it could be at zero soon.... Dropping from 1.73% down to 0.89% in two months ain't a positive direction....

The rate of increase has slowed yes. But like the oracle said, 11%/year growth is a FAR cray from falling.

I know, you have a tough time following a trend line..... See if this helps your comprehension..

*

What is your argument again?

Thanks Professor for getting the trolls out so we can see who they are, and how elaborate the ranting has become.

What a train wreck!

tatupu70 says

But like the oracle said

LOL, You guys must be losing it in this beginning bear market. What's next, the keymaster? ;)

mell says

LOL, You guys must be losing it in this beginning bear market. What's next,
the keymaster? ;)

This is like an alternate universe. 11%/year rise in prices is a bear market?

tatupu70 says

11%/year rise in prices is a bear market?

It's called the rusty nail.

Just because a rusty nail sells for more than it's value, doesn't change the value.

That's an extension of the golden rail road spike theory, that says not all gold rail road spikes are actually gold, some are solid gold, some are dipped in gold, and some are painted gold.

If they all sell for the same price it doesn't mean the have the same value.

You're flailing here, because Real Estate isn't something you understand.

Glenn Kelman at redfin figured that out long ago. He's been described as a snake oil sales person, and I agree.

Keep pushing the hype. I'm just glad you are all corralled here in one place.

David Losh says

You're flailing here, because Real Estate isn't something you understand.

I'm flailing? Really? You do live in an alternate universe.

David Losh says

That's an extension of the golden rail road spike theory, that says not all
gold rail road spikes are actually gold, some are solid gold, some are dipped in
gold, and some are painted gold.

If they all sell for the same price it doesn't mean the have the same
value.

That is a very poor analogy. Nobody is committing fraud on buyers.

OK, then, let's get to the crux of your argument. How do you determine "value" of housing now? What metrics are you using?

Call it Crazy says

It was 23% a few months before that in March....

And it was 12% a few months before that in January. My guess is it will go back to very small rises or flat.

tatupu70 says

mell says

LOL, You guys must be losing it in this beginning bear market. What's next,

the keymaster? ;)

This is like an alternate universe. 11%/year rise in prices is a bear market?

I said "beginning", but I was more referring to the "oracle" anyways. This is rich ;)

mell says

I said "beginning", but I was more referring to the "oracle" anyways. This is
rich ;)

Wouldn't even the "beginning" of a bear market require prices to, you know, actually be falling?

egads101 says

So, if you say prices will drop, and they drop.... that is real

but if they go up.... that is fantasy?

Hey, you can never be wrong then!!! Except that you are wrong!

Maybe a group picture?

If you could see today's data you would see they drop. Once this baby turns, it will turn fast, and I think it already is. Each day home owners are losing money at this point. Sucks to many.

egads101 says

the gain will be lower, but it will not be zero.

We absolutely agree. The gain will be negative and negative for a while, until the fed decides to steal from 2 generations forward. They already rapped the first.

tatupu70 says

mell says

I said "beginning", but I was more referring to the "oracle" anyways. This is

rich ;)

Wouldn't even the "beginning" of a bear market require prices to, you know, actually be falling?

Yes, and they are. Just wait until you are shocked by the sales that are occurring today in both the new and existing homes. Looking at June data and beating your chest really seems silly to me. We are almost in September and things are not as good as people believe. Sales are down, prices are down. You will see soon enough.

RentingForHalfTheCost says

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.

egads101 says

The oracle has the power of vision. You do not.

Sorry Oracle, in this case you are a fool and moron. The crash is happening right before our eyes. Next data sample will be horrific to the Oracle.

tatupu70 says

RentingForHalfTheCost says

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.

Call it Crazy says

bob2356 says

Perhaps you could share your definition of everywhere with us?

I think his "everywhere" is a 100 mile radius of Concord....

round as a bubble... "he is in the bubble unable to see it while the rest of us
can clearly see it."