Comments on: $150,000 price cut at The Palms SF – not a surprise http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/ 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: New Term for 2009: RSF (Real San Francisco) | SF Bay Area Home Price and Mortgage Insanity Blog - Burbed.com http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23976 New Term for 2009: RSF (Real San Francisco) | SF Bay Area Home Price and Mortgage Insanity Blog - Burbed.com Sat, 03 Jan 2009 13:22:39 +0000 http://www.burbed.com/?p=2798#comment-23976 [...] Ouch. Sorry SoMA. You’re now no longer in RSF, and thus no longer in RBA. (Was it a really surprise to any readers here though? After all… how can you compare the boring culture of SoMA to that of Palo Alto and Cupertino?) [...] [...] Ouch. Sorry SoMA. You’re now no longer in RSF, and thus no longer in RBA. (Was it a really surprise to any readers here though? After all… how can you compare the boring culture of SoMA to that of Palo Alto and Cupertino?) [...]

]]> By: DreamT http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23975 DreamT Sat, 03 Jan 2009 05:09:56 +0000 http://www.burbed.com/?p=2798#comment-23975 (since nobody's posting this, I guess I will) Herve - You must have meant that this board will be fertile with an abundance of grins and whine. (since nobody’s posting this, I guess I will)

Herve – You must have meant that this board will be fertile with an abundance of grins and whine.

]]> By: Herve http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23974 Herve Sat, 03 Jan 2009 03:45:52 +0000 http://www.burbed.com/?p=2798#comment-23974 Not only it soared, but it is now over 9,000 points. 9,034 = 8,888 + 88 + 28 + 28 + 2. This augurs a great year. The fields will be fertile and there will be abundance of grain and new wine. Not only it soared, but it is now over 9,000 points.

9,034 = 8,888 + 88 + 28 + 28 + 2. This augurs a great year. The fields will be fertile and there will be abundance of grain and new wine.

]]> By: madhaus http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23973 madhaus Sat, 03 Jan 2009 03:19:16 +0000 http://www.burbed.com/?p=2798#comment-23973 I was hoping to hear that the Dow not only soared, but that it was confused with both a bird and a plane. Look! Up in the Sky! I was hoping to hear that the Dow not only soared, but that it was confused with both a bird and a plane. Look! Up in the Sky!

]]> By: DreamT http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23972 DreamT Fri, 02 Jan 2009 23:19:34 +0000 http://www.burbed.com/?p=2798#comment-23972 I went to burbed today ONLY to see RealEstater's post about the DOW. I'm disappointed as well. I went to burbed today ONLY to see RealEstater’s post about the DOW. I’m disappointed as well.

]]> By: cardinal2007 http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23971 cardinal2007 Fri, 02 Jan 2009 22:00:11 +0000 http://www.burbed.com/?p=2798#comment-23971 RE, it is not as entertaining when you don't say "Dow SOARS!", please remember to do that in the future. It went up almost 3% today, and you didn't say it, I was disappointed. RE, it is not as entertaining when you don’t say “Dow SOARS!”, please remember to do that in the future. It went up almost 3% today, and you didn’t say it, I was disappointed.

]]> By: Real Estater http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23970 Real Estater Fri, 02 Jan 2009 20:09:59 +0000 http://www.burbed.com/?p=2798#comment-23970 Wow, a strong rally to start off the year! Wow, a strong rally to start off the year!

]]> By: Real Estater http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23969 Real Estater Thu, 01 Jan 2009 16:24:23 +0000 http://www.burbed.com/?p=2798#comment-23969 As usual, madhaus starts off the new year fighting. As expected, she starts off behind RealEstater. The phrase "stock market wants to go up" is a characterization heard on CNBC regarding the up days in the last few weeks of '08. Obviously it's not to be taken literally. Hope and luck are appropriate for a new year message; Not sure what madhaus has against'em. Maybe she's not getting any. As usual, madhaus starts off the new year fighting. As expected, she starts off behind RealEstater.

The phrase “stock market wants to go up” is a characterization heard on CNBC regarding the up days in the last few weeks of ’08. Obviously it’s not to be taken literally.

Hope and luck are appropriate for a new year message; Not sure what madhaus has against’em. Maybe she’s not getting any.

]]> By: madhaus http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23968 madhaus Thu, 01 Jan 2009 16:01:53 +0000 http://www.burbed.com/?p=2798#comment-23968 <i>As the first post of the new year, I would like to wish everyone a happy and prosperous 2009!</i> Oh goody, Roger returns, with his arm longer than ever from clapping himself on his own back. <i>I believe 2009 will bring new hopes. With a new Administration and government bail-out programs coming into effect, I would look forward to more stabilization rather than doom and gloom. Right now the stock market “wants to go up”, and as we know, the market is forward looking. With any luck, Silicon Valley will scrape by this recession just fine.</i> The stock market does not "want to go up." The stock market is the sum of all market transactions, intentions, and speculation, and there are pressures from different directions that lead to an equilibrium. You may want it to go up, but there's a counterpart to you out there betting against it. The market itself has no preference which one of you "wins." "With any luck" -- the evolution of Roger the permabull continues. Just as the never-goes-down homes devolved from California to Bay Area to Real Bay Area (which used to include all Sunnyvale and now barely is holding onto CUSD portion), so have Roger's economic forecasts changed from irrational exuberance to blind hope. Happy New Year, indeed. As the first post of the new year, I would like to wish everyone a happy and prosperous 2009!

Oh goody, Roger returns, with his arm longer than ever from clapping himself on his own back.

I believe 2009 will bring new hopes. With a new Administration and government bail-out programs coming into effect, I would look forward to more stabilization rather than doom and gloom. Right now the stock market “wants to go up”, and as we know, the market is forward looking. With any luck, Silicon Valley will scrape by this recession just fine.

The stock market does not “want to go up.” The stock market is the sum of all market transactions, intentions, and speculation, and there are pressures from different directions that lead to an equilibrium. You may want it to go up, but there’s a counterpart to you out there betting against it. The market itself has no preference which one of you “wins.”

“With any luck” — the evolution of Roger the permabull continues. Just as the never-goes-down homes devolved from California to Bay Area to Real Bay Area (which used to include all Sunnyvale and now barely is holding onto CUSD portion), so have Roger’s economic forecasts changed from irrational exuberance to blind hope.

Happy New Year, indeed.

]]> By: RealEstater http://www.burbed.com/2008/12/29/150000-price-cut-at-the-palms-sf-not-a-surprise/#comment-23967 RealEstater Thu, 01 Jan 2009 08:22:03 +0000 http://www.burbed.com/?p=2798#comment-23967 (This post belongs in the December 31 topic, but could not be posted there due to the spam filtering tool) WG says, >>College terrace is not a good area. I would rather be in Barron Park than ct. To people in the know, College Terrace is a highly desirable neighborhood. The schools are better than those in Barron Park, and the location is better due to it being adjacent to Stanford University, north of the Oregon Expressway, and near California Avenue shopping district. >>the fact is the US as a nation does not owe China an economy. This dumping of all these cheap asian goods has to stop. Like it or not, the two economies have become inter-dependent. If China did not produce cheap goods, a pair of sneakers will cost 300 dollars, and there'd be hyper inflation here. (This post belongs in the December 31 topic, but could not be posted there due to the spam filtering tool)

WG says,
>>College terrace is not a good area. I would rather be in Barron Park than ct.

To people in the know, College Terrace is a highly desirable neighborhood. The schools are better than those in Barron Park, and the location is better due to it being adjacent to Stanford University, north of the Oregon Expressway, and near California Avenue shopping district.

>>the fact is the US as a nation does not owe China an economy. This dumping of all these cheap asian goods has to stop.

Like it or not, the two economies have become inter-dependent. If China did not produce cheap goods, a pair of sneakers will cost 300 dollars, and there’d be hyper inflation here.

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