Posted on 04/06/2006 3:14:09 PM PDT by ex-Texan
You have absolutely no credibility on this forum or anywhere else. If fact, your own posts prove you incapable of doing anything except insulting others. Almost singlehandedly took on Protestant Christians posting on FR today. About par for the course. You ought to avoid those types of religious arguments.
Sad really. In fact, based on the parameters I suggested, Portland seems to be the riskiest market. Houses are relatively cheap for the West coast, but wages are low, too. Having said that, as a chap that owns quite a bit of real estate in Portland, Oregon, Orange, Los Angeles, and Riverside Counties, all in the eye of the storm, I expect my net worth to decline in the next two to three years. But not by more than 10%. It isn't as out of wack as it was in 1990, when the roof fell in, in part due to the collapse of the defense industry, along with more real estate specfic factors.
Well, religion and real estate both state with a "r." The web is seamless.
That religious dust up was a bit shocking and should be forgotten...
I agree with you about Portland. The average family income in this city is about $ 41k. Everybody is grossly underpaid. People living here should not be buying median priced homes at $ 230,000. But most people here have not heard about the housing bubble. Radio ads are still going strong offering 1% ARM rates 24/7.
Truth is, you give it far more publicity than I do. As for obfuscation, it doesn't mean what you seem to think it means.
I'll stake my credibility against yours any day of the week.
And you claim there isn't a depression in housing prices! Ha!
There are other writers who link their books on their personal page. There are people who outright post their blogs and books on FR. You just have an issue with petronski, or should I say non-issue. Your ever increasing tone is demonstrating you have NOTHING to back up ANY of your arguments. Stop stalking him or I'll have to open up and tell you about yourself.
You've made a very important point here: various real estate markets face differing growth rates and differing conditions. That's the prime fact that the bubble fearmongers do not understand. Some real estate markets have seen fantastically high rates of growth, while others have seen more historically standard rates of growth, while still others stagnate or even decline.
The basic fact is that there is no "real estate market" in the United States, there are hundreds or thousands of real estate markets with varying conditions. What is true in east Texas or central Pennsylvania might not be true in Portland or the OC.
The only reason he knows the book is not finished is that I told him. Now he tries to taunt me with the fact that it remains unfinished. If I was willing to volunteer that it remains unfinished, why in the world would I be bothered by someone pointing at me and singing "neener neener neener?" In point of fact, I find it amusing. It is the best evidence that he has run out of things to say. Did you know he's been googling my screenname? LOL
Oh, and his paranoid behavior suggests to me he already knows plenty about himself.
Basically, if prices go up, it's proof of a housing bubble. If they go down, it's proof the bubble is bursting. He can't lose.
He has the makings of an anti-freeper.
Want to know more? There's a helpful blog...
I've read these threads and you don't bring any facts just spurious personal attacks and CYBER STALKING.
Are you implying that I'm bragging?
Good grief. The only time it's mentioned in threads is when YOU link to it.
And the cover art I posted isn't very fancy either. In fact it needs work....not to mention that if it ever is published, the publishing house will just chuck my suggestion and pick their own anyway.
Nothing wrong with the book cover. It's very impressionist and fitting considering the subject material. Someone just drank the haterade is all.
He's been saying the bubble is bursting for at least 2 1/2 years. If prices do go down, will they drop to last years level? Will they drop below the level when he first stared whining? Who knows?
He can't lose.
And yet, he's a loser.
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