by HARM on 10 Nov 2006 147 comments, latest 17 years ago
Some of you out there still seem to be under the mistaken impression that inflation alone can somehow magically bail out f@cked homedebtors (and no, I'm not talking about ...
HARM
joined 2005 Jul 4 Has 0 followers. Is following 0.➕follow (0) 💰tip
threads pinned by HARM
authored 4,751 comments and 119 threads
HARM's threads
by HARM on 10 Nov 2006 147 comments, latest 17 years ago
Some of you out there still seem to be under the mistaken impression that inflation alone can somehow magically bail out f@cked homedebtors (and no, I'm not talking about ...
by HARM on 9 Nov 2006 255 comments, latest 17 years ago
This anecdote was posted over at Ben's, and struck a chord. As high as inventory has already gotten in most places, I have to wonder if it would not ...
by HARM on 24 Oct 2006 174 comments, latest 17 years ago
This is a topic that seems to come up fairly often and I think is worth exploring: Does the rise of Mortgage-Backed Securities (MBS) and Collateralized Mortgage Obligations (CMOs) ...
by HARM on 13 Oct 2006 99 comments, latest 18 years ago
I believe we've just experienced a major tectonic event and no one noticed. DataQuick (which, for newbies, is an SCAL-based RE market research firm) has just release a sales ...
by HARM on 4 Oct 2006 36 comments, latest 18 years ago
--Face Reality (artist's conception) Face Reality Says: October 4th, 2006 at 2:47 pm There’s a lot of revisionism here. Patently false. Not only have none of the regulars tried ...
by HARM on 26 Sep 2006 118 comments, latest 18 years ago
Debt = Wealth Mortgage Slavery = Freedom Stupidity = Genius It seems there are some people among us who have not yet "gotten the message". HidingintheBronx, Jon and Alien ...
by HARM on 21 Sep 2006 195 comments, latest 18 years ago
We've had numerous debates on this blog over the past year on what constitutes "appropriate" levels of government, uh, "involvement" in the RE market. Individual views run a wide ...
by HARM on 8 Sep 2006 230 comments, latest 18 years ago
Some notorious quotes --like events-- represent pivotal moments that should never be forgotten. They should be preserved for posterity and passed along to future generations to serve as a ...
by HARM on 4 Sep 2006 147 comments, latest 18 years ago
Well, another successful blog party hosted at Mr. X's sad pathetic rental has come and gone. We all had fun, exchanged FB stories and got to know each other ...
by HARM on 30 Aug 2006 113 comments, latest 18 years ago
Given this is a very Bay Area and California-centric blog, we often tend to forget that the RE bubble is arguably international in scale. The Economist pointed this out ...
by HARM on 28 Aug 2006 86 comments, latest 18 years ago
My fellow Patrick.netters, we have been gathering here as a community and faithful standard bearers of the Housing Bubble Gospel for well over a year now. We have already ...
by HARM on 18 Aug 2006 60 comments, latest 18 years ago
August 17th: CAR (California Association of Realt-whores) announces it’s “new-and-i Housing Affordability Index (which they had ceased reporting in December, 2005 after it hit an historic low of 14% ...
by HARM on 4 Jun 2006 238 comments, latest 18 years ago
Seriously, guys, just when public psychology and the market is finally starting to turn to such an extent that --even the brain-dead, NAR-bought MSM has to acknowledge it-- NOW ...
Doing Your Part for the Bubble Bailouts
by HARM on 20 Nov 2005 290 comments, latest 18 years ago
Rising inventory and plunging sales (leading indicators) and even modest M-M price declines in some areas have firmly established that we're past the Bubble's peak. As inventory continues to ...
by HARM on 20 Nov 2005 290 comments, latest 18 years ago
Rising inventory and plunging sales (leading indicators) and even modest M-M price declines in some areas have firmly established that we're past the Bubble's peak. As inventory continues to ...
by HARM on 7 Aug 2006 224 comments, latest 18 years ago
If there's one thing that distinguishes your average Patrick.net blogger from your typical robotic SDCIA.com perma-bull, it's the ability to consider your opponent's P.O.V. and to see things from ...
by HARM on 4 Aug 2006 236 comments, latest 18 years ago
Thanks to Hollywood's cultural hegemony, everyone in the world seems to "know" California and usually has a mental image of what life in the state is like. Sadly, the ...
by HARM on 2 Aug 2006 234 comments, latest 18 years ago
Ok, folks, the DQ numbers for June, 2006 are all in, so this is as good a time as any to see how we did on our "FuckedCounty.com" predictions ...
by HARM on 12 Jul 2006 204 comments, latest 18 years ago
"Bring it on, I'm not afraid," says David Lereah The Disassociated Press By Jeff Gannon July 12, 2006 A series of shootings that wounded 13 California Realtors® statewide during ...
by HARM on 5 Jul 2006 377 comments, latest 18 years ago
As many of you know, we recently had a casualty in our extended bubble-battling blog family. Sadly, it looks as though the founder of one of my personal favorites, ...
by HARM on 7 Jul 2006 224 comments, latest 18 years ago
We have clearly moved on from Stage 1: Denial in the Kubler-Ross cycle of grieving, as the following should establish beyond all reasonable doubt (thanks to Ben Jones): Washington ...
by HARM on 27 Jun 2006 277 comments, latest 18 years ago
Randy H Said: Abolish the Fed I hope that is a joke. I’m trying to imagine a global economy without Central Banks, or a global economy in which one ...
by HARM on 14 Jun 2006 147 comments, latest 18 years ago
Mortgage slowdown forces Wells Fargo to consider lending options A few choice excerpts... Wells Fargo Home Mortgage is looking to less creditworthy borrowers and other niches to boost lending ...
by HARM on 20 Jun 2006 263 comments, latest 18 years ago
Randy H Says: June 18th, 2006 at 10:46 pm e Hi DS & LiLLL Good to be back. I will say that I am a bit more disillusioned about ...
by HARM on 8 Jun 2006 229 comments, latest 18 years ago
We've discussed garden variety "hit the numbers" appraisal (and mortgage) fraud here in numerous threads. I'm also well aware that appraisers didn't CAUSE the bubble, nor are they even ...
by HARM on 6 Jun 2006 204 comments, latest 18 years ago
DinOR said: All of a sudden I’m not having much difficulty visualizing buyers asking their realtors “Donâ show me ANYTHING that was purchased in 2005". Don’t show me anything ...
by HARM on 30 May 2006 72 comments, latest 18 years ago
Here's the eagerly anticipated 1st ever SoCal Patrick.net blog party group photo. Feast away, trolls!
by HARM on 23 May 2006 88 comments, latest 18 years ago
Here's a question for the lawyers/intellectual property types on the blog: Is it legal to post an obviously doctored spoof of public figures (let's say, for example, Google co-Founders ...
by HARM on 18 May 2006 146 comments, latest 18 years ago
From Linda in LA-LA-Land: "There is certainly a possibility that we have reached a new level of ownership premium our society is willing to pay. The ratio of housing ...
by HARM on 16 May 2006 230 comments, latest 18 years ago
Given how low the barrier to entry is and how many licensed Realtwhores® are already out there (something like half a million in CA alone now), isn't the post-bubble ...
by HARM on 27 Apr 2006 196 comments, latest 18 years ago
Folks, over the last few months we've had the "Jealous Bitter Renters" Thread (written from the P.O.V. of a rabid housing bull) and often had discussions about renting mostly ...
by HARM on 12 Apr 2006 268 comments, latest 18 years ago
WSJ article reports Flippers are getting a rough ass-pounding from the market. Despite the current turmoil, some Floridians remain bullish, including Stuart Miller, the chief executive officer of Miami-based ...
by HARM on 10 Apr 2006 313 comments, latest 18 years ago
1. Congress enacts/President signs new Tax Code into law (1997) subsidizing real estate speculation? Check. 2. Cabal of arrogant Fed bankers/Washington politicians/Brokerage firms ignore (or actively encourage) massive Dot.com ...
by HARM on 5 Apr 2006 153 comments, latest 18 years ago
Second homes 40% of market Updated 4/5/2006 3:10 AM By Noelle Knox, USA TODAY Americans snapping up second homes — as investments or vacation properties — accounted for four ...
The "housing discussions only, no rude comments about Indians, Mexicans, Arabs, etc." thread
by HARM on 29 Mar 2006 95 comments, latest 18 years ago
Can we please get back to discussing the housing market? Many of the regular bloggers here are really getting turned off by the ugly tone of recent discussions --myself ...
by HARM on 29 Mar 2006 95 comments, latest 18 years ago
Can we please get back to discussing the housing market? Many of the regular bloggers here are really getting turned off by the ugly tone of recent discussions --myself ...
GSEs too Socialistic for Red China
by HARM on 23 Mar 2006 127 comments, latest 18 years ago
China does not plan to emulate U.S. GSEs VENICE, Italy, March 23 (Reuters) - China has no desire to create Freddie Mac (FRE.N: Quote, Profile, Research) or Fannie Mae ...
by HARM on 23 Mar 2006 127 comments, latest 18 years ago
China does not plan to emulate U.S. GSEs VENICE, Italy, March 23 (Reuters) - China has no desire to create Freddie Mac (FRE.N: Quote, Profile, Research) or Fannie Mae ...
by HARM on 21 Mar 2006 183 comments, latest 18 years ago
Truism: while many --though by no means all-- of the regular Patrick.net bloggers are renters, at some point most of us JBRs would like to become homeowners (something the ...
Fake Breasts and the PPT
by HARM on 16 Mar 2006 70 comments, latest 18 years ago
What do fake breasts and the PPT (Plunge Protection Team) have in common? Is the Fed planning to act as a gargantuan bra for f@cked borrowers by monetizing mortgage/consumer ...
by HARM on 16 Mar 2006 70 comments, latest 18 years ago
What do fake breasts and the PPT (Plunge Protection Team) have in common? Is the Fed planning to act as a gargantuan bra for f@cked borrowers by monetizing mortgage/consumer ...
The Libertarianism-Morality Conundrum
by HARM on 2 Mar 2006 245 comments, latest 18 years ago
For many (if not most) Libertarians, the subject of morality is all but taboo. The very mention of the terms "social justice", "fairness", "level playing field", or "promoting the ...
by HARM on 2 Mar 2006 245 comments, latest 18 years ago
For many (if not most) Libertarians, the subject of morality is all but taboo. The very mention of the terms "social justice", "fairness", "level playing field", or "promoting the ...
Tax Reform?
by HARM on 28 Feb 2006 111 comments, latest 18 years ago
A number of bloggers have criticized the current mortgage interest tax deduction as regressive and penalizing savers (as in, the higher your income tax bracket and the more interest ...
by HARM on 28 Feb 2006 111 comments, latest 18 years ago
A number of bloggers have criticized the current mortgage interest tax deduction as regressive and penalizing savers (as in, the higher your income tax bracket and the more interest ...
The Psychology of "Ownership"
by HARM on 22 Feb 2006 74 comments, latest 18 years ago
It's pretty obvious that our society (and most other societies) places a substantial cultural premium on the concept of home "ownership". We hear time and time again how most ...
« previous page 2 of 3 next »
by HARM on 22 Feb 2006 74 comments, latest 18 years ago
It's pretty obvious that our society (and most other societies) places a substantial cultural premium on the concept of home "ownership". We hear time and time again how most ...
patrick.net
An Antidote to Corporate Media
1,189,956 comments by 13,850 users - RC2006 online now