Comments on: What’s $1.2 million dollars and happy to see you? http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/ San Francisco Bay Area, Silicon Valley House Price and Mortgage Insanity Blog Thu, 09 Feb 2012 01:07:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: anon http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19056 anon Mon, 27 Oct 2008 06:20:35 +0000 http://www.burbed.com/?p=2481#comment-19056 "The market is sustained by that 25%. The rest of the people are not in the game, so to speak." A rare truth proffered by RE what does this tell you or me? It does not take a majority of people behaving irrationally to drive up home prices unsustainably “The market is sustained by that 25%. The rest of the people are not in the game, so to speak.”

A rare truth proffered by RE
what does this tell you or me?
It does not take a majority
of people behaving irrationally
to drive up home prices unsustainably

]]> By: nomadic http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19055 nomadic Sun, 26 Oct 2008 05:05:19 +0000 http://www.burbed.com/?p=2481#comment-19055 Man, I read that post by RE and thought it was the ultimate non-sequitur. At least Mr. Hiatus' response put it in some sort of context. We keep talking about having a progressive for the holidays in my neighborhood. Maybe we'll actually do it this year. Check this out, RE: http://shindigzparty.wordpress.com/category/progressive-party/ Man, I read that post by RE and thought it was the ultimate non-sequitur. At least Mr. Hiatus’ response put it in some sort of context.

We keep talking about having a progressive for the holidays in my neighborhood. Maybe we’ll actually do it this year. Check this out, RE:
http://shindigzparty.wordpress.com/category/progressive-party/

]]> By: Dr. Hiatus http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19054 Dr. Hiatus Sat, 25 Oct 2008 22:50:32 +0000 http://www.burbed.com/?p=2481#comment-19054 No, I'd rather not. Thank you for asking. No, I’d rather not. Thank you for asking.

]]> By: RealEstater http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19053 RealEstater Sat, 25 Oct 2008 20:45:34 +0000 http://www.burbed.com/?p=2481#comment-19053 anon, Would you stop bad mouthing me while I'm on my hiatus? anon,

Would you stop bad mouthing me while I’m on my hiatus?

]]> By: Lionel http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19052 Lionel Sat, 25 Oct 2008 20:36:21 +0000 http://www.burbed.com/?p=2481#comment-19052 "Lionel, do you think you could post something even remotely even handed so that everything you write doesn’t scream ANGRY RENTER?" Not angry at all WG, well, except at Wall Street and the federal government, which, combined, have turned our economy into a swilling cesspool. I'm actually very, very content. Love where I live, beautiful house, awesome neighborhood, within walking distance of the university I'm at, walk my daughter to school, family is happy, healthy, wife and I both working in fields we love, have excess cash to make it through the downturn. The fact that you view my posts as angry tells as much about your state of mind as mine. If you think the economy is going to magically recover from this recent and persistent financial beating, wow, again, I am amazed at the level of delusion I still see out there. This is just the beginning. The market might shoot up (irrationally), but we still have a long way down to go. Tech is going to get creamed over the next couple years. If that sounds angry, well, that's your opinion. I'm actually quite neutral about it. I don't wish tech misfortune, I just think ultimately this unwind is inexorable. I wish this were not the case. “Lionel, do you think you could post something even remotely even handed so that everything you write doesn’t scream ANGRY RENTER?”

Not angry at all WG, well, except at Wall Street and the federal government, which, combined, have turned our economy into a swilling cesspool. I’m actually very, very content. Love where I live, beautiful house, awesome neighborhood, within walking distance of the university I’m at, walk my daughter to school, family is happy, healthy, wife and I both working in fields we love, have excess cash to make it through the downturn. The fact that you view my posts as angry tells as much about your state of mind as mine. If you think the economy is going to magically recover from this recent and persistent financial beating, wow, again, I am amazed at the level of delusion I still see out there. This is just the beginning. The market might shoot up (irrationally), but we still have a long way down to go. Tech is going to get creamed over the next couple years. If that sounds angry, well, that’s your opinion. I’m actually quite neutral about it. I don’t wish tech misfortune, I just think ultimately this unwind is inexorable. I wish this were not the case.

]]> By: anon http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19051 anon Sat, 25 Oct 2008 20:34:35 +0000 http://www.burbed.com/?p=2481#comment-19051 LOL @ RE: I'm going to give you a big fat fail for 2 reasons. 1) You didn't see that the question was directed at WG. 2) You misinterpreted the question. WG likely knows what I am referring to. Suffice it to say that your political views - no, make that all your thoughts - are about as valuable as the turd I dropped off today after my morning cup of coffee. LOL @ RE:

I’m going to give you a big fat fail for 2 reasons.

1) You didn’t see that the question was directed at WG.
2) You misinterpreted the question. WG likely knows what I am referring to.

Suffice it to say that your political views – no, make that all your thoughts – are about as valuable as the turd I dropped off today after my morning cup of coffee.

]]> By: Real Estater http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19050 Real Estater Sat, 25 Oct 2008 20:14:24 +0000 http://www.burbed.com/?p=2481#comment-19050 anon says, >>You didn’t respond to question 1, btw Practically everyone in PA supports Democrats. Republicans have very little appeal to smart people these days. Oops, sorry, gotta take a hiatus to look at some open houses! anon says,
>>You didn’t respond to question 1, btw

Practically everyone in PA supports Democrats. Republicans have very little appeal to smart people these days.

Oops, sorry, gotta take a hiatus to look at some open houses!

]]> By: SmokedBacon http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19049 SmokedBacon Sat, 25 Oct 2008 20:02:26 +0000 http://www.burbed.com/?p=2481#comment-19049 Prof. Bleen, There's no single reason as why to Detroit fails. Labor unions aka legacy cost certainly put the choke hold on Detroit Big 3 at the time when they need to cut cost to be competitive with Japan giants. So they have to keep pumping out SUV since the profit margins of SUVs are very healthy comparing to smaller cars and they keep pushing that shiet down our throat until the run-up in gas price broke the camel's back. So now they're going back to Washington asking for more handouts to keep them in the game. Prof. Bleen,

There’s no single reason as why to Detroit fails. Labor unions aka legacy cost certainly put the choke hold on Detroit Big 3 at the time when they need to cut cost to be competitive with Japan giants. So they have to keep pumping out SUV since the profit margins of SUVs are very healthy comparing to smaller cars and they keep pushing that shiet down our throat until the run-up in gas price broke the camel’s back. So now they’re going back to Washington asking for more handouts to keep them in the game.

]]> By: anon http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19048 anon Sat, 25 Oct 2008 19:33:53 +0000 http://www.burbed.com/?p=2481#comment-19048 There's no real reason to. There is a strong sense of community and the people who live there don't tend to view themselves as part of San Jose. Plus, you don't have the nearly pettiness or rampant materialism that you have in PA, MP or LG. You didn't respond to question 1, btw ;) There’s no real reason to. There is a strong sense of community and the people who live there don’t tend to view themselves as part of San Jose. Plus, you don’t have the nearly pettiness or rampant materialism that you have in PA, MP or LG.

You didn’t respond to question 1, btw ;)

]]> By: WillowGlenner http://www.burbed.com/2008/10/24/whats-12-million-dollars-and-happy-to-see-you/#comment-19047 WillowGlenner Sat, 25 Oct 2008 19:26:56 +0000 http://www.burbed.com/?p=2481#comment-19047 If the owner is a builder and didn't take out a loan he will sit on it until it sells. Theres one on Franquette like that too, a nice new craftsman and they finally decided to rent it out until the market recovers rather than take a low price. Thats one refreshing thing about the banks and these low end REOs, they literally have to lower the prices. Everywhere in San Jose used to be cheaper than any other city and that is changing now that San Jose has improved so much. Most of the people who live in WG don't want to move up other than a larger place here. If the owner is a builder and didn’t take out a loan he will sit on it until it sells. Theres one on Franquette like that too, a nice new craftsman and they finally decided to rent it out until the market recovers rather than take a low price. Thats one refreshing thing about the banks and these low end REOs, they literally have to lower the prices. Everywhere in San Jose used to be cheaper than any other city and that is changing now that San Jose has improved so much. Most of the people who live in WG don’t want to move up other than a larger place here.

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