It’s all Burbed’s fault…
Palms Living – Las Vegas living in Santa Clara (models not included) [Burbed.com]
thefirstone Says:
August 6th, 2008 at 12:21 pmBurbed, you (and others like you) are the reason the housing market is like it is now. I hope you remember this the next time and give better advice to people.
Ouch! Mea culpa!
August 6th, 2008 at 3:04 pm
Burbed is getting blamed for the downturn? Your satirical look at real estate in the Bay Area has caused too many people to question what they are doing buying condo conversions in the Bay Area?
Well if that is the case I have to thank you, because of you now my high 5 figure income is enough to buy a 1960s built apartment that was converted to a condo sometime in the 1980s, where as 2 years ago it couldn’t really buy anything. Thanks.
August 6th, 2008 at 3:27 pm
yeah… gee wizz burbed, why’d you have to spoil all the fun and make housing more affordable? It’s TERRIBLE!
August 6th, 2008 at 4:09 pm
Won’t someone please think of the children?
August 6th, 2008 at 4:23 pm
Oh come on, cardinal2007, according to burbed you could buy the whole house in East Palo Alto, and maybe trade up to the Fred Flintstone place near Story Road.
August 6th, 2008 at 4:52 pm
Oh, yeah, I was priced out of those too back then, 500k for a shack in EPA was pretty standard back then. Uh, yeah thanks, burbed.
I loved prices back then you could just make fun of them all day, 560k median in Tracy, 500k for a shack in EPA, 500k for houses in East San Jose, heck even small houses in Hayward were 550k, (everyone loved the 1/2 millions), I could really only afford Richmond and Oakland with crappy houses selling for the 300s. Oh, those were the times, earn 5 figures, buy a crappy condo in Pittsburg, or a house in Richmond, and do it now or you’ll be priced out forever, priced out of Pittsburg, that’s right, now get to it!
Oh, well. Until the next bubble, last one was peaked ‘89/’90, this one peaked in ‘05/’06, so I guess I should wait for 2021/2022. It’ll be CA RE bubble 3.0.
August 6th, 2008 at 4:58 pm
Truth be told, it is getting harder to write burbed. There just aren’t as many crazy properties anymore. It used to be like shooting fish in a barrel…
August 6th, 2008 at 5:33 pm
not surprising. Someone wrote back about how this thing must write itself now that prices are coming down. Seems like just the opposite would be the case.
Maybe you could move into the rental market!
August 6th, 2008 at 7:18 pm
I wouldn’t be able to keep up a blog like this. I certainly don’t know how Ben Jones does it every single day, 3-4 times a day, for the past 4-5 years. I’ve noticed that the amount of comments he gets has fallen off dramatically. The bubble is now bust, the bubble-wishers won, and now we’re just waiting for the ashes to settle…
August 6th, 2008 at 7:21 pm
whoops… correction: I mean ” Bubble-pop wishers”…
August 6th, 2008 at 8:06 pm
yeah… gee wizz burbed, why’d you have to spoil all the fun and make housing more affordable?
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Come on. I thought it was affordable three years back when a strawberry picker could fulfill American Dream with annual $14K income.
August 6th, 2008 at 8:10 pm
Burbed, you (and others like you) are the reason the housing market is like it is now. I hope you remember this the next time and give better advice to people.
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Burbed, it seems you belong to sleeper-cell of economic terrorist organization.
August 6th, 2008 at 10:10 pm
Clearly. I’m part of the Axis of Evil 2.0 Beta
August 7th, 2008 at 12:26 am
If I was a war profiteer, I would certainly buy this mansion. Beautiful indeed it is.
August 7th, 2008 at 8:44 am
Truth be told, it is getting harder to write burbed. There just aren’t as many crazy properties anymore. It used to be like shooting fish in a barrel…
You are grossly mistaken. I will redouble my efforts to make sure you have plenty of screwball houses to write about.. you get my submission on Pipe Dream Ct?
August 7th, 2008 at 10:34 am
Thanks sonarrat, I’m a bit behind in replying.
August 7th, 2008 at 10:45 am
ROFLMAO!!!!!!!!!!!!
Yah, RIGHT. How many CDOs and toxic death mortgages did burbed buy???????
I guess we also need to blame Warren Buffett, Peter Schiff, Robert Shiller, Nouriel Roubini along with about 1000 bloggers who can actually do elementary math!
Any wonders why this country is so f&*ked up? Things go belly up? Don’t blame the guys that started the mess and certainly don’t blame yourself for taking an I/O Negative Amortization loan on some grossly over-valued Stockton property. Blame the “nasty” folks that were trying to friggen WARN YOU FOR YEARS!
IDIOTS!!!!!!
August 7th, 2008 at 12:38 pm
Now I know how Senator Chuck Schumer feels:
http://latimesblogs.latimes.com/money_co/2008/07/sen-charles-e-s.html
August 7th, 2008 at 5:25 pm
HAHAHA they blamed Millionaire Mommy Next Door for the bubble popping, too. Basically every blogger/writer that said housing was too overpriced is to blame for this bubble popping….right…