The goal of Patrick.net is to liberate buyers from the commission-based real estate system that attempts to enslave them with mortgage debt.
About Patrick.net
By Patrick Follow Wed, 5 Sep 2012, 5:41pm 24,741 views 63 comments
In Menlo Park CA 94025
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OK, you have a blog. How long has it been up?
I think the real meat is that about 2004 blogs started to have an influence at a time when prices were rising.
There were the cheer leader blogs like Blood Hound in Arizona, but there were some that crept up that were the doom, and gloomers. It was a crazy time of massive fight, and fits over what was happening.
What's interesting today is that the same arguments are starting all over with just a little encouragement from the worst economic crisis we have seen since the Great Depression.
It's probably just me, but I find it extremely interesting.
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David Losh says
Since 2004.
I had the domain name before that, but didn't really do much with it till then.
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Patrick says
That seems to be the magic number. So it was three years of appreciation in prices.
Look at the amount of government interference to prop up pricing. Do you think after the election the plug can be pulled on this excessive spending, and the Real Estate market would be allowed to correct? Could that be as close to a soft landing as we could get?
No guts no glory, but if you put together a reasonable timeline of the bubble, and puncuate it with some of the more colorful remarks from those days you may be able to show how the bubble formed, and the thinking of the public.
You obviously have a reaction to the bubble, and others here do also. So I would think in this next year we'll see some type of resolution to the housing crisis.
The bubble bloggers have a real handle on what happened, how it happened, and how it may be resolved, but I think that is an untold story.
The internet has become a powerful tool, but it's much more of a forum with an opposing view.
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War says
OK, I may be including land cost in that.
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War says
You're really going to have to help me with that because there are the materials, and labor at $80 per square foot.
Those materials include needed appliances, ducting, electrical, and plumbing. How's this working out?
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who needs plumbing, electric and duct work?
Build now like the amish for 60% less
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LiarWatch says
I'm just saying that to build there are costs. I'm asking you how you get a profit from $80 a sq ft.
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LiarWatch says
The one thing you're an expert on.
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LiarWatch says
Did the truth hurt?
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Still deleting your posts I see. Nothing changes as far as you're concerned. Anyway, how's the job search going? Are your parent's not getting impatient for you to move out by now? I think they want their basement back.
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LiarWatch says
Just saying "Stop lying" or "Get honest" over and over doesn't help anything.
Please don't do that.
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War says
LiarWatch says
OK, help me out with this then, how do you build in all 48 States at $80 per sq ft, and get a profit.
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War says
It's your claim. How do you build a house for $80 a sq ft with a profit?
What's the material, and labor cost you are using?
My basic back of the envelop calculation puts 2000 sq ft at $67 per sq ft, for basics. There isn't a lot of wiggle room in that, let alone great salability.
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http://www.home-cost.com/construction-cost-per-sf.html
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War says
If someone is not being truthful, see if you can prove it. That would be more useful.
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curious2 says
Really cool.
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Follow the data as it evolves. Look for new and interesting charts.
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War says
No, because it shows my zip code at $117 per square foot, and I already said it's closer to $125. I threw in the bone that the price may include land cost, but the cheapest I can get, just for construction, is $67 per square foot.
So, it's your claim of $80 per square foot in all 48 States, or the other guy? I can't keep track.
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War says
You're claiming.
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War says
War says
You made the claim, I responded to you, then you turned that around.
All I said is I bought a house.
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War says
In our market place, at the time it was, I paid less, $88 per sq, if your must, and the house isn't used up.
It has a ton of concrete, a steel beam down the center, 10 ft ceilings in the lower level, a shop space, mahogany siding, yeah, I said mahogany. The guy was a cabinet maker by trade, and he had all the bells, and whistles, including a Square D service panel with heavey gauge copper, all copper plumbing, and new supply, and sanitary lines in 1998.
Now, you are the one who has been making claims, on other threads, including this one. I got twice the house for what you build today.
Our construction date was 1957, the Cadillac year of construction.
Hey, BTW, if you were expecting me to be some dumb schmuck new to the internet crazies, you're going to be disappointed.
Now how do you build in all 48 States at $80 per sq, and make a profit? I'm calling you out.
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LiarWatch says
Explain that to me. It's a constant claim without any substance.
Are you really building a concrete, and steel structure for $88 per square foot?
Come on, fess up, you are just trolling.
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LiarWatch says
So, we are in another he said she said moment. Best of luck, but stop lying.
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LiarWatch says
Like I said, we are in a he said she said moment.
Stop lying.
If you were a builder you'd have files that show construction costs, on average in all of those 48 States. This should be simple for you.
I came up with $67 a sq ft, for a box, so I'd like to here about your Habitat for Humanity projects.
Now, you have a point, but you aren't presenting it well. The cost of construction is way down, but builders are charging the same premium prices for crap. You are correct that these are depreciating assets. People who buy crap shacks are stuck for as long as they keep paying on those loans.
Unfortunately the banking system responded with historically low interest rates so the homies can keep paying interest, or rent the place out for the payment if they get stuck.
It's a win/win for the bank.
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David, I recommend the "ignore" link.
LiarWatch just can't resist insulting and baiting people.
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LiarWatch says
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I think he was imitating you.
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War says
OK, this may be a bad idea on my part, but War (and or LiarWatch) if these numbers are correct, I have a client who would be very interested contacting you to see if you and build a place for him.
If you really are in 48 states, is there a website/phone # where he can contact one of your people who works in Northern Virginia or Southern Maryland?
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LiarWatch says
Man, it's your claim, I actually went along with it, but you just couldn't see that.
I am a Master Baiter on internet blogs, but you've been had.
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CDon says
Can you share that when you get ti?
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Patrick says
It doesn't bother me. I would like to see this person come across with actual information.
Like I said, he has a point to make, he just doesn't seem to have the ability to articulate that.
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LiarWatch says
I warned you.
Builders always think they are entitled to a profit from the crap they dump onto a property.
It's what's wrong with America, and ther world today.
A lot of people blame banks, or mortgages, or the buyer, but the truth is the building industry, particularly the Master Builders Association (do you see the tie in there?) have forced codes to be the very least they can be while keeping the pricing the same.
Metal straps for earthquaking really got to be the biggest scam in the industry until "Green Building" came along.
No, I work for a living and have since I was fifteen. I worked in the trades until 1980 when I opened a new comapny to "fix" new construction. We did everything from the sheet rock out, but had to, had to, be involved from the foundation to framing because builders have budgets, and dead lines to meet.
Builders don't care who gets hurt. Builders only scam as much as they can from the public then move on to the next State to take a dump over there.
Hey! Are you that guy from Texas that we refused to work for because your product was so bad that it couldn't be repaired?
Don't even get me started on land use, because builders were crying they just couldn't make a profit without building in swamp land.
So sure you get your profit, and the global economy gets screwed.
BTW, for your $80 a sq ft do you use a lot of mahogany for siding? Do you really build with concrete, and steel with mahogany siding?
I got a good deal, I always get a good deal, but I would never buy new.
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LiarWatch says
Oh good, you're back. Sorry, I had to go do some work.
No, I actually bought below market, and got a steal of a deal from an investor builder who built to the East of me.
My property value went up, his went down.
That is why people hire Real Estate agents like me. I know property values.
You, on the other hand have made the claim to be a builder. You offer nothing but repeated comments, but I take your word for it.
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LiarWatch says
No you won't, you never have.
Building became a lost art when the architects, and bean counters took over in 1986.
You don't build value, and never will.
You will be under cut by bigger builders, and that is why I use the term housing units rather than Real Estate or property.
Even the lots that get built on lose value when they get covered with a pile of sticks.
This is why Municipalities are being forced to allow double wides. At least a double wide has wheels to move it off the lot when it's used up.
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LiarWatch says
Let me say this again. You keep making claims. You have never presented any facts, or figures, but you continue to make comments.
You make the claims, I'm asking you how you can build for less than $80 a sq ft, and make a profit.
I know you can, I already threw you that bone, but building stuff cheap doesn't translate into value.
The resale market is a mine field, but tried, and true. New construction is the real crap shoot, isn't it?
You need to demonstrate something. I've gifted plenty of information, you just don't have any response.
You're in a classic ametuer internet troll position with no way out.
LMAO?
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I've got to go back to work now, OK?
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LiarWatch says
Show me where I made that claim.
It's typical ametuer troll crap when you try to turn an assertion around on the other person.
The baggage is yours. You're claiming to be a new construction pimp.
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LiarWatch says
You threw around the price per square foot claim.
Like I said, it's too bad no one will listen to you. You do have a good message, but your presentation is lacking.
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Did you say there is an ignore feature? Does it scrub all comments on all threads?
Because there is a lot of troll baiting that does get responses from people foolish enough to engage this person, so I'd like to see what's being said.
My second question is if this person is a paid blogger for trolling purposes.
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David Losh says
Yes, to the left of every comment there is "Befriend or Ignore". Befriend is a premium feature (lets you exchange real email address) but Ignore is free.
Ignore just blocks all comments by that user on all threads from being visible to you. It has no effect on what other people see.
Hard to tell if anyone is a paid troll.