tag:blogger.com,1999:blog-13164186.post115049685846616056..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Freddie Mac Can't Get Their Books RightDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger33125tag:blogger.com,1999:blog-13164186.post-1150901234280203432006-06-21T10:47:00.000-04:002006-06-21T10:47:00.000-04:00Wanna join us and make it a threesome?Wanna join us and make it a threesome?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150688169963431112006-06-18T23:36:00.000-04:002006-06-18T23:36:00.000-04:00Bill: "Watching the video reminds me of trying to...Bill: "Watching the video reminds me of trying to read through one of Lance's posts..."<BR/>Lance: "Bill, You don't need any help spinning..."<BR/><BR/>You two are like an old married couple...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150684961243951892006-06-18T22:42:00.000-04:002006-06-18T22:42:00.000-04:00Bill, You don't need any help spinning ... It's ob...Bill, You don't need any help spinning ... It's obvious your head is spinning all day long trying to understand anything more complicated than "jeez, what goes up, must come down ... I'm soooo smart, duh ... "Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150684239635280692006-06-18T22:30:00.000-04:002006-06-18T22:30:00.000-04:00http://www.youtube.com/watch?v=KIQgkc8VFr4&search=...http://www.youtube.com/watch?v=KIQgkc8VFr4&search=sign%20spinner<BR/><BR/>Latest RE fade - "open house" sign spinning.<BR/><BR/>Watching the video reminds me of trying to read through one of Lance's posts - no telling which direction the "spinner" wants to point you...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150671472466919782006-06-18T18:57:00.000-04:002006-06-18T18:57:00.000-04:00http://matrix.millersamuel.com/?p=693More negative...http://matrix.millersamuel.com/?p=693<BR/><BR/>More negative news on home sales...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150666191691393982006-06-18T17:29:00.000-04:002006-06-18T17:29:00.000-04:00David, check out this site.http://www.condorenege....David, check out this site.<BR/><BR/><BR/>http://www.condorenege.com/<BR/><BR/>I think this sounds like a great idea.<BR/><BR/>The power of the market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150650756857115692006-06-18T13:12:00.000-04:002006-06-18T13:12:00.000-04:00how much cash do you have?how much cash do you have?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150643603086818602006-06-18T11:13:00.000-04:002006-06-18T11:13:00.000-04:00Have you guys seen this savings account from CITI?...Have you guys seen this savings account from CITI? This is where I am keeping the cash that I will be using for downpayment after the correction. Deposited a couple months ago, and that 4.75% interest rate has been nice.<BR/><BR/>http://tinyurl.com/p3uhmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150590282339404502006-06-17T20:24:00.000-04:002006-06-17T20:24:00.000-04:00hmm, constant scatological references. recommend ...hmm, constant scatological references. recommend reading up on the psychology of individuals who are focused upon scatology:<BR/><BR/><BR/>http://medical-dictionary.thefreedictionary.com/ScatalogicalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150588025052703542006-06-17T19:47:00.000-04:002006-06-17T19:47:00.000-04:00As tight as that market might be, it's still 50% c...As tight as that market might be, it's still 50% cheaper on average ot rent in DC than to own - not 15%.<BR/><BR/>Rather than having a baby, I think I'm going to give birth to a Cleveland steamer in the bathroom - that's what the quality of the last few postings induces in me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150587170726591162006-06-17T19:32:00.000-04:002006-06-17T19:32:00.000-04:00The Washington Post says this is "one of the tight...The Washington Post says this is "one of the tightest rental markets in decades"<BR/><BR/><A HREF="http://www.washingtonpost.com/wp-dyn/content/article/2006/06/15/AR2006061501963.html" REL="nofollow"> here </A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150586714425122092006-06-17T19:25:00.000-04:002006-06-17T19:25:00.000-04:00"I rent for about 15% less than buying."If renting..."I rent for about 15% less than buying."<BR/><BR/>If renting were all about "freedom" and copious "excess cash" to spend or invest; you'd think it would be a no-brainer. But it isn't a no-brainer, as all the complaining and emotional insults coming from renters continually demonstrate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150586465780807242006-06-17T19:21:00.000-04:002006-06-17T19:21:00.000-04:00Renters say "its all just a business decision"; .....Renters say "its all just a business decision"; <BR/><BR/>....it is just a non-emotional analysis of numbers; <BR/><BR/>....then in the very same breath they spew emotionally charged comments about how they'll "laugh their asses off" because buyers are "FUCKED".<BR/><BR/>Neither position is convincing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150584693825128442006-06-17T18:51:00.000-04:002006-06-17T18:51:00.000-04:00I thought this thread was about the crooks at fred...I thought this thread was about the crooks at freddie. BUT<BR/>If you want to talk rent vs. buy...<BR/><BR/>I would LOVE TO "OWN" A HOME, I RENT because buying in 2006 is a bad investment. I rent for about 15% less than buying. I will buy when rent vs. buy is to my advantage. In the meantime I will LAUGH MY ASS OFF as people who bought in 2004-2006 lose evrything. <BR/>NOT Sorry about being harsh. You F*CKED yourself by buying.<BR/>That's free market capitalism.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150580843059262092006-06-17T17:47:00.000-04:002006-06-17T17:47:00.000-04:00Why do renters care about an overpriced housing ma...Why do renters care about an overpriced housing market? Because they'd rather buy than rent.<BR/><BR/>Otherwise, they'd pay no attention to the RE market.<BR/><BR/>If renting were all about "freedom" and copious "excess cash" to spend or invest; you'd think it would be a no-brainer. But it isn't a no-brainer, as all the complaining and emotional insults coming from renters continually demonstrate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150571982451190662006-06-17T15:19:00.000-04:002006-06-17T15:19:00.000-04:00Bill, I want to have your baby.Bill, I want to have your baby.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150563271742011102006-06-17T12:54:00.000-04:002006-06-17T12:54:00.000-04:00Bill, I admire your wit, wisdom, and patience for ...Bill, I admire your wit, wisdom, and patience for teaching me many things I was not aware of.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150562624992930752006-06-17T12:43:00.000-04:002006-06-17T12:43:00.000-04:00Then the renters will say, ok, maybe the stock mar...Then the renters will say, ok, maybe the stock market is not like the RE market after all. Stock markets are global, RE markets are local, RE is "real property" in the legal sense of the term, while stocks are intangible assignations of the issuer's future revenue stream. OK, renters will say. "Got it" they'll say.<BR/><BR/>And then they'll point to pets.com for an example of Newton's law, which they think states "what goes up, must come down"<BR/><BR/>Am I exaggerating? No, this has all been played out on this site multiple times. <BR/><BR/>Then we're right back to having a renter try so very very hard to convince strangers via the internet that he's wealthy and smart, which is why he rents a souless shoebox in a souless highrise in a state with personal property tax on cars and a chronic traffic congestion problem, a state that reannexed land from the District in the 1800s to make a statement about how it wanted slavery to continue as an economic and cultural institution in the United States. Courthouse. Why don't you just move into a large shopping mall and be done with it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150562470539498302006-06-17T12:41:00.000-04:002006-06-17T12:41:00.000-04:00I agree with Bill. It would be nice to have been ...I agree with Bill. It would be nice to have been able to buy a couple of years ago, but now is not the time to buy. Renting now is the smart move.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150561624526951032006-06-17T12:27:00.000-04:002006-06-17T12:27:00.000-04:00"Now we're going to hear all about how renters inv..."Now we're going to hear all about how renters invest vast volumes of cash into the stock market. But you can bet those words are being conveyed from an old PC on top of an old Ikea dining room table with wobbly legs, in a rented room in a building full of renters who buy disposable furniture while they are."<BR/><BR/>Macho, muscular comments! Wow, what a man. Bet you own a house, stud.<BR/><BR/>In fact, I invest my savings in lots of places - like commercial REITs - and I use a new Mac powerbook on a nice mahoganey desk passed down through my family. Oh, and I have good view of DC from Arlington in my 9th floor apartment near Courthouse ($1700/month rent - or $3000+ if I had bought a similar place).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150561451948524322006-06-17T12:24:00.000-04:002006-06-17T12:24:00.000-04:00http://ziprealty.typepad.com/marketconditions/2006...http://ziprealty.typepad.com/marketconditions/2006/06/ziprealty_price.html<BR/><BR/>DC proper and NOVA not on this list yet - but MD is.<BR/><BR/>These "zipheads" must've not heard about the new housing paradigm playing out here - when prices never drop, land is eternally scarce, landlords are jacking up rents like crazy, and secretaries starting out in DC earn $60K+ a year...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150561147244977222006-06-17T12:19:00.000-04:002006-06-17T12:19:00.000-04:00Now we're going to hear all about how renters inve...Now we're going to hear all about how renters invest vast volumes of cash into the stock market. But you can bet those words are being conveyed from an old PC on top of an old Ikea dining room table with wobbly legs, in a rented room in a building full of renters who buy disposable furniture while they are "waiting" to buy "furniture they like" when they finally "buy a nice house". Like the houses they saw in a Norman Rockwell painting at some point.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150560857153955282006-06-17T12:14:00.000-04:002006-06-17T12:14:00.000-04:00This is for the guy who constantly says the RE mar...This is for the guy who constantly says the RE market is analogous to the stock market:<BR/><BR/>"I periodically bring up the graph of the <BR/>performance of the U.S. stock market over the past 75 years. It looks like the <BR/>upward slope of Everest.market averages (Dow Jones, S&P <BR/>500, Wilshire 5000) of at least 20% <BR/>over a short period of time (at least <BR/>"<BR/><BR/>Tom Gardner, co-founder, The Motley FoolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150560593187078222006-06-17T12:09:00.000-04:002006-06-17T12:09:00.000-04:00http://www.washingtonpost.com/wp-dyn/content/discu...http://www.washingtonpost.com/wp-dyn/content/discussion/2006/06/02/DI2006060200931.html<BR/><BR/>Latest Wash Post real estate chat. URL above is a bit long. Interesting read, as usual.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1150560531402528902006-06-17T12:08:00.001-04:002006-06-17T12:08:00.001-04:00Anonymous-Sorry your self-esteem is attached to th...Anonymous-<BR/><BR/>Sorry your self-esteem is attached to this idea of renting "sucking." (Intersting choice of verbs on your part.)<BR/><BR/>It's a nice real estate industry ploy - peddle the American 'dream' of home owning at any cost; create insecurity about renting and voracious landlords; and then beat the drum of "sharecropper indentured servitude" to help housing sales. <BR/><BR/>Works on the 'suckers,' I suppose.<BR/><BR/>Did it work on you, 'sucker'?Anonymousnoreply@blogger.com