patrick.net

AntiTroll: What do you consider “rich” to be?

Actually I prefer the question.
"What do you consider wealthy to be?"

Answer: Independance.
To be able to do the things you like to do. This is different for most people.
For some people it means cash, others running their own business, having children, being healthy etc

For me. To be happy, enjoy life, good food,enjoy others company, doing things I enjoy, raise my family. Money isn't a driving factor in my life,(it does help though) as I try not to live beyond my means and try to have realistic expectations.

What about yourself?

I’m sad you don’t like my imagery. I’ll keep working on it.

No, I like the imagery... A troll is supposed to be gross, right?

Wealth to me means being able to live life on your own terms regardless of what's going on with the outside world.

Is MP the AntiTroll?
Please.... don't hurt my feelings.

No, I like the imagery… A troll is supposed to be gross, right?

I'm not sure. But our troll is gross.

Yes, the AntiTroll is way too smart to be MP.

Is MP the AntiTroll?

Zephyr, AntiTroll is a friend. MP is a troll. There is no similarity between them whatsoever.

AntiTroll: What do you consider “rich” to be?

Oh, and one important thing to me is:-
I'm debt free with cash in bank.

We will all be rich producing The Beverly Hillbillies: Attack of the Troll.

Sorry, must close the tag.

We have to make sure central casting uses the real troll. Otherwise it just wouldn't be gross enough.

We have to make sure central casting uses the real troll. Otherwise it just wouldn’t be gross enough.

But if we use the real troll, the crew itself will be in danger. Can we just use CGI?

But if we use the real troll, the crew itself will be in danger. Can we just use CGI?

Danger of what? Fits of hysterical laughter?

Danger of what? Fits of hysterical laughter?

Hysterical laughter can be fatal. Let's hope that it will be a hit in the box office so that I can finally buy a house in Marina. I can make fresh marinara sauce using ingredients from my owned garden.

Hmmm... like the whole Beverly Hillbillies/Troll movie angle. How about "Malibu Mobilehome Bunnies vs. the Creature from Box Canyon" ?

Maybe if you're really lucky, you can buy a mobile home and put it on a plot of land in the Marina.

After all, the only place to put a mobile home is in a prime location.

After all, the only place to put a mobile home is in a prime location.

Nothing is more prime than the space directly in front of MP's garage. I can charge a toll for passage.

After all, the only place to put a mobile home is in a prime location.

And to change locations you will need a prime mover.

I vote to purge.

Have any of you heard of this guy or read his book?

http://www.realestatetiming.com

I have not read the book before but I doubt it has anything that we have not discussed yet. I have read two housing crash books before and was deeply disappointed. Shiller's book is the best one yet.

MP claims to be an Ibanker. Personally, I think he uses this and other sites for entertainment. That's why I vote to evict. He's not here to make any valid points, he's here to provoke. Any attention we give him makes him happy. Actually Peter P's suggestion to purge is even better. Let's erase all proof he was ever here. That'll annoy the hell out of him.

SF Chronicle today:

Soon-to-be Obsolete Floor Brokers becoming Real Estate Agents

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/08/05/BUGKBDQGHQ34.DTL

If this isn't yet one more nail in the coffin then I don't know what is! Talk about getting into the party late.

Well, there is not much activity in the stock options market nowadays. Volatility is so low. Now this former floor trader will have to compete with former bunnies. And they will be attacked by the troll!

Actually Peter P’s suggestion to purge is even better. Let’s erase all proof he was ever here. That’ll annoy the hell out of him.

Wow, SactoQt, you've really turned hawkish on MP! I thought you liked his ability to inspire Primetroll?

Excerpt from above article:

Broker Kevin Holt, 41, a San Francisco native who has spent 15 years at the Pacific Exchange, plans to trade from his home in Vacaville and sell real estate after the floor disappears, although he'll probably keep on working there until he's booted out the door.

"A lot of us are going into real estate," he said. "We make good money on the floor. We'll make good money in real estate. We're just not regular-job type of people. I couldn't see anybody down there going to work 9-to-5. Not anybody."

Waiting in Vegas, if your post contains links, please make them tinyurls. I think a comment will be moderated if it contains some links.

Scott, I remember that in 1999/2000 good economic news caused bad stock market reactions.

Don’t get dragged down by him; either respond clearly with facts, or not at all.

We did not respond to him at all. We were just having some fun among ourselves.

either respond clearly with facts, or not at all.

Scott you're missing the point if you think MP pays attention to facts. If you don't like the stories us late nite posters use to entertain ourselves, feel free to troll bens blog w/MP. But please don't be insulting, otherwise you're no better than the troll.

This blog and other blogs predict that we will have a black October…
...
We’re starting an urban legend. Just go with it man!

I could have started the urban legend! :)

@ Harm
Was my post too long?
“Your comment is awaiting moderation.”

Waiting in Vegas,

This block message means you probably included a URL that the WordPress blog software is picking up as a "spam" address. Unfortunately, i don't have the authority to override this --I believe only Patrick does.

The work-around I use is to trim off the "http://" & "www". This seems to "fool" the software into letting you post.

Scott, rent going up is a natural knee-jerk action in the early stage of a housing bubble bust because units are being pulled from the rental pool and placed on the market.

Every investment banker I ever knew, myself included, was an asshole.

That does not mean that every asshole is an investment banker.

Nor does it mean every asshole is a real estate agent, but the opposite is true!

Speaking of Malibu, here's an interesting stat from CAR:
Median home price from April 04 to April 05:
Malibu: -32.1%
oh, and a few more..
Sausalito: -19.6%
Imperial Beach (SD): -17.9%

And, as we've heard by now, it's location, location, location!â„¢
Stats to ponder:
Tracy: +44.9%
Reedley (Fresno Co.) +68.8%
Rohnert Park +57.5%
Dixon: +40%
Folsom: +25.8%
Carmel: +42.2% (a location)
Bakersfield matches at +42.4%

Bakersfield is Prime!â„¢
Is it too late for me to buy in?

location, location, location

You mean dislocation?

This market has bubble written all over it.

Bakersfield is Prime!â„¢

Must build a mobile home there soon. Forget about Malibu.

http://www.car.org/index.php?id=MzUyNzE=

Yes, the CAR monthly report, and its accompanying absurdities, is out. But what I found most telling about the chart on the bottom is not the income gap (that is OLD news), but if I read correctly the median household income in the Bay Area is actually DOWN from last year??!!

but if I read correctly the median household income in the Bay Area is actually DOWN from last year??!!
Hmm...interesting. I wonder the cause--professionals relocating to more affordable cities? If not for family, we would.