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Southern California's cultural pathology

By golfplan18   2012 Oct 30, 11:52pm   814 views   4 comments   watch (0)   quote      

http://ochousingnews.com/news/southern-californias-cultural-pathology-redux

I began writing about the housing market back in February of 2007. Over the last five and one half years, I’ve covered a lot of ground. Many of my earliest posts serve as a foundation for my philosophy that comes through my daily posts. I know many of you who read this blog have been with me from the beginning, but I have also picked up many new readers along the way. Since we are entering the recovery stage of the market, and since this material will be new to many I plan to revisit many of my old posts...

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1   justme   105/105 = 100% civil   2012 Nov 5, 2:38am  ↑ like   ↓ dislike   quote    

This article on the Cultural Pathology of rent-seeking behavior and resultant speculation in real estate should be a classic.

2   Goran_K   134/134 = 100% civil   2012 Nov 5, 4:02am  ↑ like   ↓ dislike   quote    

This is shortly becoming one of the worst times to buy RE since the bubble peak.

3   HEY YOU   568/568 = 100% civil   2012 Nov 5, 12:56pm  ↑ like   ↓ dislike   quote    

Forrest Gump's mom: "Stupid is as Stupid does."

4   Bigsby     2012 Nov 5, 1:16pm  ↑ like   ↓ dislike   quote    

Wow, in 2007, someone predicted the day of reckoning for RE was coming. Remarkable.

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