patrick.net
An Antidote to Corporate Media
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2. So many people have bought into the current madness, that the authorities have to tiptoe around the necessary corrective action because of the possible electoral backlash.
hmmm, i know... there's a major state election here in 8 months, and i'm trying to convince the minister for planning to commit to implementing thousands of affordable housing places -- which would have a flow-on depressive effect for all the specuvestors in those areas... it's a political nightmare... although NYC council has committed to 165,000 affordable housing places over the next 10 years...
I love how it’s an ad for Flordia real-estate posted in Long Island.
Now, there are some stereotypes that could make this relevant, but I doubt that’s what the author was intending
Actually it's a smart marketing idea that is targeting the remaining sheeple that are looking for a house on Long Island and thinking "hmmmmm lets see, with $300K, I could buy a one bedroom bungalo with a sagging roof and old car parts scattered all over the .0001 acre yard and pay $7K a year in taxes here on LI or........., I could get a really nice brand new house in FLA, GA, NC with 5 bedrooms and 4 baths and pay only a couple of thousand in taxes".
Peter P
2006 Aug 13, 2:03pm
I’m not betting against human greed.
I _WILL_ bet against human greed if its opponent is human fear.
I love fear. Fear is the most powerful emotion. :twisted:
Peter P
2006 Aug 13, 2:17pm
But I will still never doubt that human greed can cloud one’s judgement for a long long time. Even enough to forget one’s fear, for a little while anyway.
But reality will assert itself over wishful thinking. Fear will eventually reign. Complacency would be ill-advised. ;)
Hey does anyone know what these cylinders are for in Mountain View?
http://www.burbed.com/2006/08/13/do-you-know-what-these-concrete-cylinders-are-for/
But really, people bought into the market fearing they’d be priced out forever. And now people are panic selling out of fear of a falling market. It could be fun to explore more in depth how fear has impacted housing and the overall economy as a result.
Yes, and now they are trapped! ....and they're learning that it's easy to buy, while selling, on the other hand isn't.
Troll,
Now, I haven't bothered to look at an Economics book for 10 years or more, but I seem to remember that if you price a product too high, then you won't have any buyers......
Perhaps you could ask your economics teachers about that?
Tried posting the email I just sent to the UCSB admin, but wordpress no likely.
I'll post their reply, the UC does take this type of crap very seriously.
He's baaaaaaaaK! It's like an annoying bug flyingaround your face. X man squash this little maggat!
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The housing bubble brought us together. A few brave blogs like Patrick.net provided a forum where we were able to find others like ourselves: people who dared to question soaring house prices and all the insanity that went along with them.
We were ridiculed. Not for a difference of religion, politics, age or wealth. But because we were all suddenly in the same place. We were outsiders. Contrarians.
But we found inspiration in one another. Many of us drew strength from this community; strength we needed to follow through on our convictions. Sometimes this put us at odds with co-workers, neighbors, friends, family, even spouses. But we had each other; and we knew we weren't crazy, everyone else was.
Now we know we were right. The herd awakens to that reality and slowly (or quickly) thunders back to where we are.
And so breaks our Unity?
For a short time, at least, we experienced the potential of a diverse group able to rise above ideology and partisanship.
--Randy H
#housing