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Malibu Madness


 invite response                
2005 Aug 3, 1:29pm   28,089 views  162 comments

by HARM   ➕follow (0)   💰tip   ignore  

"For sale: Trailer w/ocean vu, $1 million obo "
Yahoo News: tinyurl.com/9eh5l

So wonderfully Californian, Marsha Weidman's home has it all--along the beach, far from noisy traffic, with a Jacuzzi used to watch sunsets over the Pacific.

For this, she and her husband recently paid $1.05 million.

For that, they got a trailer, built in 1971, without any land.

Plus, the family must pay "space rent," which at two Malibu parks dotted with seven-figure trailers ranges from $800 to $2,500 monthly.

So... Is this a great deal or what?? After all, this is prime beachfront in MALIBU, people! Some pretty big PIBs (Positive IntangiBles) here, no? Discuss.

HARM

« First        Comments 150 - 162 of 162        Search these comments

150   KurtS   2005 Aug 5, 8:08am  

Well, I bungled it again--sorry.
You can view the chart at the Marin housing bubble site:
http://www.marinrealestatebubble.blogspot.com/

151   Peter P   2005 Aug 5, 8:40am  

I’m sure there is some explaination as to why October is so volitile, but I don’t know what it is.

I hate to say this... but I am sure it is astrological.

152   Peter P   2005 Aug 5, 8:42am  

Then Peter might finally host his bubble party!

Can we have a party anyway?

I feel that you guys are closer than many of my friends.

153   KurtS   2005 Aug 5, 8:56am  

BTW...here's a link to the Marin article on housing prices.
http://www.marinij.com/marin/ci_2916496
From the article, it almost seems fatalism is driving housing prices...up and up!

154   HARM   2005 Aug 5, 9:31am  

Yuan,
Your yahoo address isn't working --retried it & got

A message that you sent could not be delivered to one or more of its
recipients. This is a permanent error. The following address(es) failed:
XXXXXXXXX@yahoo.com

Actual address censored for your protection :-). Maybe try another address? Anyway, no big deal --thanks.

155   HARM   2005 Aug 5, 9:35am  

Hey, Suds,

We're well past the 200-post mark. Is your 'new construction' thread ready to go? Just post here & Peter, SactoQt or I will create it for you.

156   quesera   2005 Aug 5, 9:50am  

@Dipanjan

It was a day of pretty broad declines, but there's definitely something afoot. The media never met a tragedy it didn't like, and today's is the housing bubble. Institutional investors are seeing the story gain traction in the media, and they're starting to shed. That's my guess. If I'm right, I'd expect that batch to gain back early next week, then have another day or two like the last couple.

As for myself, I'm just hoping that the bubble backlash holds of for a few more weeks so I can get my affairs in order. As opportunistic as selling at the peak might be, I'd rather do that than get stuck in the seller's winter.

PS: tinyurl is great, but it sucks that you never know where you're being linked to in advance. Why again does tinyurl work but other URLs don't?

157   HARM   2005 Aug 5, 11:41am  

@quesera,

PS: tinyurl is great, but it sucks that you never know where you’re being linked to in advance. Why again does tinyurl work but other URLs don’t?

When your comment gets blocked (“Your comment is awaiting moderation” message) it usually means you included a URL that the WordPress blog software is picking up as a “spam” address. Unfortunately, I don’t have the authority to manually override this –I believe only Patrick does.

Sometimes, I've even had this happen with TinyUrl addresses. That's why I always trim off the “http://” & “www”. This seems to “fool” the software into letting you post.

158   HARM   2005 Aug 5, 2:23pm  

Suds hasn't come through with his thread topic yet, so I've posted a thread based on one of Peter P's old ideas: FuckedCounty.com

159   Peter P   2005 Aug 5, 3:13pm  

Trolls are getting really desperate lately...

160   AntiTroll from Oz   2005 Aug 5, 5:04pm  

Hey Bubblehead Forum,

How’s it going?
Anybody see Baidu (Chinese Google) up 350% today? Huh huh.
.
.
BLAH BLAH BLAH BLAH BLAH
.
Guess Hmmm… i guess all you bubbleheads still think everybody is poor like yourselves.

How SAD!

Pacific Heights Tier 1

Unfortunately I'm not familiar with this compay.

Congratulations are in order for the business to be successful.

I do hope that the company is making money, because the bankers seem to have made alot.

BUT, the bankes do have some serious overheads.
Settlements with SEC and disgruntled investers etc.

161   Peter P   2005 Aug 6, 4:00pm  

We can go to open houses, jump around, and see (hear) how good (bad) the quality is. ;)

162   HARM   2005 Aug 7, 7:24am  

Suds Says:
Harm: I could not find any articles about new home construction quality in the Bay Area yet — I’ll keep looking, although if anyone else has news/views on it, we can use that to start a thread…

Np, Suds. Actually you don't need a truckload of statistics/articles to start a good thread (this thread ought to be proof of that). Just some good questions and some of your own observations. Post what you've got & that'll be good enough.

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