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joined 05 Jul 2005   135 links   119 posts   4,785 comments   ignore (0)   befriend   following 0   0 followers   follow HARM

HARM's Posts

Evil Buyers Display Extreme Cruelty to Distressed Sellers
by HARM in #housing   ↑ like   ↓ dislike   547 comments, latest 10 years ago
Sadistic, Greedy Buyers Toying with Sellers Like Cats with Prey* Copyright © 2007 UnReality Times®. All Rights Reserved. by David Lereah, Leslie Appleton-Young and John Karevoll As the alleged...
The "I really miss 'America's Overvalued Real Estate'" thread
by HARM in #housing   ↑ like   ↓ dislike   377 comments, latest 11 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, "'America's...
Strawberry Picker Buys $720,000 House on $15,000/year Income
by HARM   ↑ like   ↓ dislike   336 comments, latest 10 years ago
This is not a joke. Strawberry Picker Buys $720,000 House on $15,000/year Income HARM P.S. Sorry about the lazy post. I didn't have time to come up with something...
Housing Bubble Pre-Flight Checklist
by HARM in #housing   ↑ like   ↓ dislike   313 comments, latest 11 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
Please help the REIC!
by HARM in #housing   ↑ like   ↓ dislike   301 comments, latest 10 years ago
Please help the REIC and banksters! (for those unfamiliar with the term, please refer to the Housing Bubble Glossary). They need our help. Signs their beloved mega-global housing/credit bubble...
Doing Your Part for the Bubble Bailouts
by HARM in #housing   ↑ like   ↓ dislike   290 comments, latest 11 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 build,...
Don't Panic!
by HARM in #housing   ↑ like   ↓ dislike   278 comments, latest 11 years ago
Inspired by Rainman18 (from Ben Jones' blog): Expect real estate prices to decline in the coming year posted 02/06/2007 Attention everyone: "When put into perspective of a 10-year pattern,...
So... Mr. Bernanke, what would you say ya do here?
by HARM   ↑ like   ↓ dislike   277 comments, latest 11 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...
Phase 2 of the Real Bailout™ is here
by HARM   ↑ like   ↓ dislike   273 comments, latest 9 years ago
Fannie Mae, Freddie Mac Portfolio Caps Will Be Lifted (Update2) Phase 1 : Congress raised the GSE (Fannie and Freddie) conforming loan limit from $417,000 to $729,000. Phase 2...
Coping with my Schadenfreude
by HARM in #housing   ↑ like   ↓ dislike   268 comments, latest 11 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...
Attack of the California Equity Locusts!
by HARM in #housing   ↑ like   ↓ dislike   263 comments, latest 11 years ago
Unrealistic Sellers Face MLS De-Listing
by HARM in #housing   ↑ like   ↓ dislike   255 comments, latest 11 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...
F@ck the Rich — Let’s Tax the $hit out of them
by HARM in #housing   ↑ like   ↓ dislike   254 comments, latest 10 years ago
We've often had lively debates here at about tax policy (flat tax vs. progressive tax, taxing wages vs. passive capital gains or consumption, what constitutes a "luxury" good...
New MBS Liability Law: Good or Bad Idea?
by HARM in #housing   ↑ like   ↓ dislike   248 comments, latest 10 years ago
Mortgage Bondholders May Bear Subprime Loan Risk Some excerpts: The top Democrat and Republican on the House Financial Services Committee said investors in mortgage bonds should be liable for...
"Real Financial Heroes" needed in CA!
by HARM in #housing   ↑ like   ↓ dislike   246 comments, latest 10 years ago
Housing woes to continue, expert says Economist says downturn could weaken state's financial future Contra Costa Times 05/10/2007 “The malaise in California home building will hound the state for...
The Libertarianism-Morality Conundrum
by HARM in #environment   ↑ like   ↓ dislike   245 comments, latest 11 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 greater...
Housing Bubble Haiku
by HARM in #housing   ↑ like   ↓ dislike   245 comments, latest 11 years ago
:mrgreen: Courtesy of Zen Master HARM :mrgreen: ©2006, all rights reserved Please feel free to post your own "pearls of wisdom"... (FYI: traditional Haiku uses 3-line stanza; 5-7-5 beat...
So long, David!
by HARM in #housing   ↑ like   ↓ dislike   241 comments, latest 10 years ago
A Farewell to (option-)ARMs David Lereah has officially vacated his post as chief shill, propagandist, economist for the NAR. Needless to say, we're really going to miss him here...
The limits of "Caveat Emptor"
by HARM in #housing   ↑ like   ↓ dislike   239 comments, latest 11 years ago
Quite a lot of debate among us Amerika-and-success-hating Patrick.netters has focused on where to lay the responsibility for the current housing bubble crash (which doesn't exist, btw). For most...
HARM to Peter P and Randy H: I find your lack of faith disturbing.
by HARM in #housing   ↑ like   ↓ dislike   238 comments, latest 11 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...

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