patrick.net

CDon says

2. Your chart shows that from 1975-2000 home prices in both SF and SJ moved in lockstep. If home price is tied to economic performance, how is this possible? How can this be?

you mean incomes to prices.. affordability index.. go look one up for that period...

thomaswong.1986 says

bob2356 says

You will need less patience waiting for the sun to go supernova than waiting for thomas wrong to give a yes or no answer

it doesnt take much to see many on PNET are just locked into the RE bubble mentality...

and of course many others who are are in the RE industry...

perhaps "Y2K Bug" wasnt about some computer program spitting out gibberish..

it may well have been about the insanity of public greed which led to financial bubbles.

Do we take that as a yes or a no? I do have to say I admire someone who can take gibberish to an art form.

bob2356 says

Do we take that as a yes or a no? I do have to say I admire someone who can take gibberish to an art form.

No gibberish.. No one in my area will benefit from higher home prices but only the vested interest... Realtors.. as if they ever gave a rats ass about anyone else... y

perhaps you and CDon need to look over this as well..you should ask why
Carl used the term "alarm" and "plague" to describe high home prices..

http://www.sfgate.com/business/ontherecord/article/ON-THE-RECORD-CARL-GUARDINO-2574540.php#ixzz1v6EFUJaI

Q: So are those really challenges?

A: Unequivocally, yes. Not only to the CEOs in the boardroom, but to any family you talk to in their living room. What we hear time after time from CEOs as well as frontline employees is how incredibly difficult it is to come here and stay here. That truly does have an impact on a company's bottom line when the cost differential is so much higher here than it is in other regions around the state, nation and globe, or the ability to recruit top talent is also impacted.

You mentioned housing. It probably is the top concern we hear about in Silicon Valley from both CEOs and employees in terms of local issues. Does that have an impact? Let me put a finer point on it.

Hewlett-Packard and Dell are the top two computer-makers in the world. Corporate headquarters for HP are located in Palo Alto and Dell is in Round Rock, Texas. Obviously, they both have people and facilities around the globe.

In those two communities where their corporate headquarters are and where a lot of research and development takes place, the median resale price for a home in Palo Alto is about $1.6 million. In Round Rock, Texas, it's about $180,000, except the home and property are bigger.

We hear from HP all the time that a huge deterrent to the ability to recruit and retain people anywhere near Silicon Valley is the housing issue. We don't hear that from Dell, which is also a member company, about their operations in Round Rock. It does continue to plague us and we will continue to sound the alarm.

thomaswong.1986 says

perhaps you and CDon need to look over this as well

Thanks, but no thanks. I have slightly less interest in bay area and/or CA real estate than in the epidemiology of toe nail fungus.

thomaswong.1986 says

you have your data.. and you came to the same conclusion.

You dont need my answer on that...

But I do. You see Thomas, in a lot of ways the data is secondary. In a lot of ways this is a simply proxy on your capacity for intellectual honesty. In this particular case, there appears (to many of us) to be a potential flaw in your logic - so in an effort to flesh that out, we ask you questions.

Thusfar, you seem either unwilling to address it, or (perhaps) unable to understand it. Thusfar, you flit between periods of calm rational discussion (now), and anger induced flailing (earlier) -- but at no point have you ever come close to answering the most simple questions asked of you.

So in this test for your capacity for intellectual honesty, you are failing -- and badly I might add. The reason why I have been so patient with you was because I figured you would either (a) eventually answer the question, in which case we get a bit closer to resolving some facts about the performance of housing prices in the bay area or (b) do exactly what you are doing, thereby further exposing you as someone unworthy of engaging in the hopes of having a real and honest discussion about anything.

Anyway, ball is back in your court Thomas. Part 1 of 3 is out there. If you want to address it by answering either YES or NO we can proceed to part 2. If you don't, we can continue to dance around it, as we have for the past two days, that's fine with me too.

CDon says

But I don't really understand the reason behind employing an argument style that looks to any third party who reads it as gibberish. Why would you take a position that makes you look so, for lack of a better term, dumb?

http://rationalwiki.org/wiki/Dunning-Kruger_effect

freak80 says

CDon says

But I don't really understand the reason behind employing an argument style that looks to any third party who reads it as gibberish. Why would you take a position that makes you look so, for lack of a better term, dumb?

http://rationalwiki.org/wiki/Dunning-Kruger_effect

LOL. Someone else sent me the exact same link today!

thomaswong.1986 says

in the end .. all they say is... Hey Look at Me .. its About Me..

You know, there may be a modicum of truth to that. But what I find more interesting here is your response. It was direct - it was to the point. Why cant you always be like that?

Tell you what, we are pissing on a lot of threads here (you are currently back on the "republicans in 10 years" thread) so im gonna let you go here in the hopes you answer what I ask you on that other one.

Either way, I think I have proven my point here about who you are and what you are all about. Of course, that being said, if you want to actually try and build back some semblance of an honest responsible individual, go back and answer the simplest of "yes" or "no" question I asked you above.

The REAL Pledge of Allegiance should end like this:

One Nation, Under the Dollar, with Liberty and Justice for Those Who Can Afford to Buy it.