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Is Bay Area housing crash over?


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2012 Feb 27, 1:41am   93,934 views  406 comments

by fewy   ➕follow (0)   💰tip   ignore  

Like many of you here I have been waiting for the prices in the bay area to come falling back to earth. Over the past year, the things that I'm seeing make me believe that a huge correction will no longer happen and the prices in most area's have already corrected themselves.

The main reason why the Bay Area was spared from the large housing crash seems to come from the fact that the great recession didn't hit us as hard as other places. This let people keep their jobs and save money. Now as the U.S. is coming out of this recession, the stock market is rising, and people in the Bay Area didn't get scared of investing in housing because there was no major housing crash. We might get a good rise in housing prices. The last example that turned my opinion around is the amount of homes for sale in santa clara county. The inventory is half of what it used to be last year and it seems like the inventory that comes onto the market is quickly bought up. What do you guys think?

#housing

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358   rootvg   2012 Mar 6, 10:47am  

What that tells me is you're one of them, looking to score points.

Take your best shot, but remember I'll look upon that as a license to chew on you like a rabid dog. I've been doing this for VERY long time.

I stand behind everything I've said...and there's NOTHING you can do about it.

359   Bigsby   2012 Mar 6, 10:52am  

Aren't there laws against such hate-filled bollocks? Rootvg, it's not gay people who are the problem, it's people like you.

360   rootvg   2012 Mar 6, 10:59am  

Bigsby says

Aren't there laws against such hate-filled bollocks? Rootvg, it's not gay people who are the problem, it's people like you.

You've been in California too long.

I haven't committed any crime and I won't. Being an perpetually unstable drama queen accustomed to people genuflecting in your presence is YOUR problem, not mine. Where I'm from, you shut up and behave like an adult. You're not royalty there because you don't control the political process. You don't have a mob to do your bidding.

361   Bigsby   2012 Mar 6, 11:08am  

rootvg says

Bigsby says

Aren't there laws against such hate-filled bollocks? Rootvg, it's not gay people who are the problem, it's people like you.

You've been in California too long.

I haven't committed any crime and I won't. Being an perpetually unstable drama queen accustomed to people genuflecting in your presence is YOUR problem, not mine. Where I'm from, you shut up and behave like an adult. You're not royalty there because you don't control the political process. You don't have a mob to do your bidding.

I don't live in California. And hell, why don't you follow your own bloody advice - "Where I'm from, you shut up and behave like an adult." That would be preferable to your frothing-at-the-mouth, bulging-eyed bigotry.

362   rootvg   2012 Mar 6, 11:15am  

Bigsby says

rootvg says

Bigsby says

Aren't there laws against such hate-filled bollocks? Rootvg, it's not gay people who are the problem, it's people like you.

You've been in California too long.

I haven't committed any crime and I won't. Being an perpetually unstable drama queen accustomed to people genuflecting in your presence is YOUR problem, not mine. Where I'm from, you shut up and behave like an adult. You're not royalty there because you don't control the political process. You don't have a mob to do your bidding.

I don't live in California. And hell, why don't you follow your own bloody advice - "Where I'm from, you shut up and behave like an adult." That would be preferable to your frothing-at-the-mouth, bulging-eyed bigotry.

Here again, I'm not the type who's easily intimidated.

I'm not a drama queen. I'm not unstable. I'm not a flake.

You'll just have to deal with me another way.

Remember: wings level, nose down, flaps up.

Think, don't feel. Feeling is destructive. If you're flying an airplane, feeling will get you and whoever is with you killed. Thinking and acting accordingly will probably save your life.

363   B.A.C.A.H.   2012 Mar 6, 11:45am  

Hey rootvg,

where do you work?

364   rootvg   2012 Mar 6, 11:46am  

B.A.C.A.H. says

Hey rootvg,

where do you work?

Wouldn't you like to know!

365   B.A.C.A.H.   2012 Mar 6, 11:46am  

Hey rootvg, are you telling some of your coworkers and some of your management what you think about them?

366   rootvg   2012 Mar 6, 11:49am  

Most of the people I work with are in another state and the ones I do interact with on a daily basis think as I do.

I'm not giving you any information. You may as well stop digging.

367   B.A.C.A.H.   2012 Mar 6, 11:57am  

Hey rootvg why not? Won't you stand by what you wrote?


rootvg says

the Bay Area IS irrational behavior and the sick part of it is, it pays.

rootvg says

Did you also know SF was at one time a Republican town? Yes! Before the military started discharging faggots here

rootvg says

I'm not phobic at all. I don't like them. I think they're subhuman. They're chronically angry at the world, perpetually unstable emotionally and aspire to corrupt everything they touch. They hate middle America and everything it stands for.

They also just about own the Democratic party.

It used to be a faggot couldn't get a security clearance to do defense work because someone could blackmail them

368   rootvg   2012 Mar 6, 12:08pm  

B.A.C.A.H. says

Hey rootvg why not? Won't you stand by what you wrote?

rootvg says

the Bay Area IS irrational behavior and the sick part of it is, it pays.

rootvg says

Did you also know SF was at one time a Republican town? Yes! Before the military started discharging faggots here

rootvg says

I'm not phobic at all. I don't like them. I think they're subhuman. They're chronically angry at the world, perpetually unstable emotionally and aspire to corrupt everything they touch. They hate middle America and everything it stands for.

They also just about own the Democratic party.

It used to be a faggot couldn't get a security clearance to do defense work because someone could blackmail them

There is one story I want to tell.

During the Kerry campaign in 2004, there was a meeting of supporters that was carried by C-SPAN. Everything they've ever done is catalogued now and I've been trying to dig it up but can't remember the details. There was one gay supporter (a real drama queen) who went off like a mental patient on whoever it was chairing the meeting, saying Kerry wasn't a strong enough supporter of their cause. It was really something to watch, saying his support "wasn't good enough". This is a grown man squealing like a pig and squirming in his seat like a little girl who had to use the restroom, all caught on live on camera by C-SPAN. That was when I thought back to what my prof had said in 1991 about how everything these people touch, they seek to corrupt. In one flash, it all came together.

I have other stories like that to tell. If you keep picking a fight, I'll tell them here.

369   Bigsby   2012 Mar 6, 12:11pm  

rootvg says

Think, don't feel. Feeling is destructive. If you're flying an airplane, feeling will get you and whoever is with you killed. Thinking and acting accordingly will probably save your life.

Give me strength. Why don't you follow your own advice? You're not thinking at all.

370   Bigsby   2012 Mar 6, 12:17pm  

rootvg says

There is one story I want to tell.

During the Kerry campaign in 2004, there was a meeting of supporters that was carried by C-SPAN. Everything they've ever done is catalogued now and I've been trying to dig it up but can't remember the details. There was one supporter who really went off on whoever it was chairing the meeting, saying Kerry wasn't a strong enough supporter of their cause. It was really something to watch...saying his support "wasn't good enough". This is a grown man squealing like a pig and squirming in his seat like a little girl who had to use the restroom...all caught on live on camera by C-SPAN. That was when I thought back to what my prof had said in 1991 about how everything these people touch, they seek to corrupt. In one flash, it all came together.

I have other stories like that to tell. If you keep picking a fight, I'll tell them here.

Wow, that's a stunning story. Really, I'm stunned. Stunned at how ridiculous it is. What exactly has all that got to do with you calling gay people sub-human?

371   Katy Perry   2012 Mar 6, 12:23pm  

Is Bay Area housing crash over?

ask the same question next year this time.

372   B.A.C.A.H.   2012 Mar 6, 12:30pm  

rootvg says

I'll tell them here.

Please do.

Your gay neighbors, gay vendors, gay coworkers, gay management, gay customers, gay civil servants like the gay coworkers and gay management of your public sector spouse and the gay taxpayers who support her, are also Americans like you and like me and like Bigsby.

It's not just your bigotry against gays that is offensive. It's your bigotry against Americans that is offensive, too.

Please tell us, please educate us.

373   Buster   2012 Mar 6, 3:17pm  

Patrick: Please don't allow your site to become yet another extension of the extremist, bigoted, christainist, right wing blogosphere. "rootvg" has absolutely nothing constructive or reasoned to say about anything and is only here to show off his anti gay hate and intellectually stunted brain. I am not against hate speech of the likes of rootvg's posts, I just prefer not to go to places where such hate is tolerated or supported by the blog owner or blog community. Please censor this ass. Thanks.

374   Buster   2012 Mar 6, 3:40pm  

I also just noted your comment policy: "Comment Policy: Insult Another User, Go To Jail" Please send rootvg to jail. Thanks.

375   thomas.wong1986   2012 Mar 6, 4:01pm  

Buster says

Patrick: Please don't allow your site to become yet another extension of the extremist, bigoted, christainist, right wing blogosphere

Im also a Christian and a Republican Conservative... Am i yet another extension of the extremism you dislike.. dont you think you need to re-edit your comments ?

There are plenty of left-wing bigots on Patricks, but who complains ?

376   grinderman   2012 Mar 6, 4:34pm  

Buster says

Patrick: Please don't allow your site to become yet another extension of the extremist, bigoted, christainist, right wing blogosphere. "rootvg" has absolutely nothing constructive or reasoned to say about anything and is only here to show off his anti gay hate and intellectually stunted brain. I am not against hate speech of the likes of rootvg's posts, I just prefer not to go to places where such hate is tolerated or supported by the blog owner or blog community. Please censor this ass. Thanks.

He is entitled to his opinion and let's face it . It is much better to have these people express their views online rather than in the real world .

377   JodyChunder   2012 Mar 6, 5:08pm  

Bigsby says

Think, don't feel. Feeling is destructive. If you're flying an airplane, feeling will get you and whoever is with you killed. Thinking and acting accordingly will probably save your life.

ah, but science has proven that cognition is not separate from emtions; no decision can be arrived at without feelings. Feelings are important! AND I HAVE THEM!

378   Bigsby   2012 Mar 6, 5:22pm  

I think you'll find that it was rootvg who said that rather than me.

379   rootvg   2012 Mar 7, 12:26am  

JodyChunder says

Bigsby says

Think, don't feel. Feeling is destructive. If you're flying an airplane, feeling will get you and whoever is with you killed. Thinking and acting accordingly will probably save your life.

ah, but science has proven that cognition is not separate from emtions; no decision can be arrived at without feelings. Feelings are important! AND I HAVE THEM!

I'll make sure and tell the NTSB guy what you said.

380   Buster   2012 Mar 7, 12:27am  

thomas.wong1986 says

Buster says

Patrick: Please don't allow your site to become yet another extension of the extremist, bigoted, christainist, right wing blogosphere

Thomas, I don't have a problem with you being a conservative christian republican. I do have a problem with bigoted christianists spreading hate. I have not known you to be part of this club.

Im also a Christian and a Republican Conservative... Am i yet another extension of the extremism you dislike.. dont you think you need to re-edit your comments ?

There are plenty of left-wing bigots on Patricks, but who complains ?

381   Buster   2012 Mar 7, 12:30am  

JodyChunder says

Bigsby says

Think, don't feel. Feeling is destructive. If you're flying an airplane, feeling will get you and whoever is with you killed. Thinking and acting accordingly will probably save your life.

@Jody; So true. And those that cut off their feelings remain disconnected and miss out on the best things life has to offer.

ah, but science has proven that cognition is not separate from emtions; no decision can be arrived at without feelings. Feelings are important! AND I HAVE THEM!

382   tiny tina   2012 Mar 7, 12:56am  


Yes, pretty much everything in the middle of the country is reasonable even at the high end. It's the coasts that are bad deals for high-end buyers (compared to renting the same thing there).

Is that statement based on fact/data? As I said, I checked San Antonio, where there was little if any bubble, and a $1M home was definitely much cheaper to rent than to purchase based on craigslist and current list prices. Keep in mind that TX has very high property taxes, I think ~3%. I just checked Omaha, and based on craigslist, it looks like a $1M home rents somewhere between $3600-$4000. If you get a 30-yr fixed mortgage at 4.6% for $800k (assuming 20% down on $1M house), your P+I alone is $4100/mo. I don't know property taxes in NE. Unless property taxes are negative, you are paying more to own than to rent, and that doesn't include maintenance. That's 2 places that I would consider middle of the country, where higher end housing (comparable to Cupertino in terms of sales price) is not balanced as far as rents justifying purchasing.

383   rootvg   2012 Mar 7, 1:11am  

Buster says

I also just noted your comment policy: "Comment Policy: Insult Another User, Go To Jail" Please send rootvg to jail. Thanks.

So, how's it going?

384   Patrick   2012 Mar 7, 1:21am  

Buster says

I also just noted your comment policy: "Comment Policy: Insult Another User, Go To Jail" Please send rootvg to jail. Thanks.

Did he deliberately insult another user?

385   Bigsby   2012 Mar 7, 1:23am  


Buster says

I also just noted your comment policy: "Comment Policy: Insult Another User, Go To Jail" Please send rootvg to jail. Thanks.

Did he deliberately insult another user?

Well, calling anyone who's gay subhuman...

386   Patrick   2012 Mar 7, 1:35am  

Bigsby says

Well, calling anyone who's gay subhuman...

Ah, OK I found a quote of that comment. Looks like he deleted the original.

"Subhuman" is definitely not a polite way to express an opinion. It's a dilemma between allowing comments that are pointlessly rude and censoring someone's opinion.

387   bmwman91   2012 Mar 7, 3:40am  

Well, this thread got "interesting."


It's a dilemma between allowing comments that are pointlessly rude and censoring someone's opinion.

Yeah, it can be tricky. Our first amendment allows anyone to express an opinion, no matter how offensive it is (unless it can be classified as defamation of character). However, it only states that the government and its various subsidiaries cannot stop someone from expressing themselves. Private parties certainly can, such as newspapers, TV news and sites like this.

The folks that are most offended presumably want it removed because they are afraid that someone will be "turned" by his thoughts & become bigots or something. That is completely illogical! If the comments are as mindless as the offended folks say, then nobody is going to be swayed by them and they certainly aren't going to get support from anyone with half of a brain. If anything, it seems most logical to allow someone to be openly bigoted on the internet because it outs them to everyone on the board!

I wouldn't be half surprised if this was a game rootvg was setting up to prove his think vs feel point. People FEEL strongly because of something and then demand action because they feel offended, but for illogical reasons. Other than being offensive, what possible other threat do his comments pose to anyone? Hell, people here were trying to figure out where he works so that they could try to get him fired! Trying to cause personal harm to someone because they said something offensive is pretty thoughtless, and goes well beyond asking for him to be banned from a site. Yes, his opinions are bigoted, but he never indicated anywhere that he has ever DONE anything to a gay person other than dislike them.

If he has set this up as a game, at least a few people have played right into it. Yeah, the dude's a big old bigot. However, his point that people feel more than they think has been proven in here, and I even agree that it is a problem in our society. Trying to eliminate bigotry by reactionary emotional responses isn't going to work, and all it has proven to do is elicit emotional knee-jerk responses back from the bigots. Bigotry can and should be fought with thought and logic. There are some logical reasons for why Patrick should censor the guy, and nobody has even started to go down that road. Honestly, from reading this thread, rootvg has proven that he is better at the thinking game than his opponents. It is a mistake to totally write-off someone that expresses bigoted views under the assumption that "no person with a brain could possibly be a bigot" because they may just be one or two two steps ahead of you once you fire up the emotions. Assuming that being "anti-bigot" automatically makes you enlightened just means that you turn your brain off, and then the bigots win.

388   gregpfielding   2012 Mar 7, 5:26am  


"Subhuman" is definitely not a polite way to express an opinion. It's a dilemma between allowing comments that are pointlessly rude and censoring someone's opinion.

Give the guy a break. He's been under attack from all sides since announcing he did the unthinkable and actually bought a house.

389   Buster   2012 Mar 7, 5:36am  

Well as far as rootvg is concerned, he seems to take delight that Patrick and others support his pointless hate mongering. While I find him loathsome, I can easily ignore such drivel. The point I was trying to make is that this is supposedly a blog about real estate and that is why I visit it. If you choose to make this just another, of many, blogs about right wing crusades to turn america into sharia or christainist theocratic kingdoms, than so be it. Perhaps I just need to find a real estate blog that, well, is focused on real estate.

390   Buster   2012 Mar 7, 5:39am  

Lastly, Patrick, if you are not going to enforce your very own stated comments policy; "Comment Policy: Insult Another User, Go To Jail", then you should remove this statement entirely.

391   rootvg   2012 Mar 7, 5:40am  

Buster says

Well as far as rootvg is concerned, he seems to take delight that Patrick and others support his pointless hate mongering. While I find him loathsome, I can easily ignore such drivel. The point I was trying to make is that this is supposedly a blog about real estate and that is why I visit it. If you choose to make this just another, of many, blogs about right wing crusades to turn america into sharia or christainist theocratic kingdoms, than so be it. Perhaps I just need to find a real estate blog that, well, is focused on real estate.

There are plenty of threads here that aren't directly about real estate. Compared to other places I've been, posters here are fairly well informed. I see the typical Bay Area left wing dreck here and there but on balance, it's not a bad site.

392   freak80   2012 Mar 7, 5:42am  

Buster, nobody hates you.

393   Patrick   2012 Mar 7, 5:44am  

I don't support pointless hate mongering. But I'm also sensitive to accusations of censorship, so I try to avoid deleting things. You can always put the guy on ignore.

But you're right that discussions about other topics belong in one of the other forums. I created the Politics and Religion forums exactly for that stuff.

394   Patrick   2012 Mar 7, 5:46am  

Buster says

Lastly, Patrick, if you are not going to enforce your very own stated comments policy; "Comment Policy: Insult Another User, Go To Jail", then you should remove this statement entirely.

Did he deliberately insult you personally?

395   Buster   2012 Mar 7, 5:51am  

Precisely why I don't visit the politics and religion forums and stick to the real estate forums. I really don't see where epitaphs that he uses such as 'faggot' or 'subhuman' is contributing anything constructive to a thread supposedly about real estate. But in the end, it is your blog and you are the master of your universe. Sad. I will find another that better suits my interest in real estate and one that doesn't encourage stupid and hateful bigoted rants. Signing off.

396   bmwman91   2012 Mar 7, 5:54am  

Buster says

Well as far as rootvg is concerned, he seems to take delight that Patrick and others support his pointless hate mongering. While I find him loathsome, I can easily ignore such drivel. The point I was trying to make is that this is supposedly a blog about real estate and that is why I visit it. If you choose to make this just another, of many, blogs about right wing crusades to turn america into sharia or christainist theocratic kingdoms, than so be it. Perhaps I just need to find a real estate blog that, well, is focused on real estate.

One user being very open with his opinions hardly makes this a mouthpiece for Fox News. From what I can tell, more than 75% of users in here probably consider themselves to lean left-of-center. Unless you think that roovtg's views somehow have merit, you shouldn't really be worried about his presence, because he isn't going to convince anyone to pick up his views. You may be offended, but you shouldn't e worried about anything. That is just letting "feeling" take over for "thinking" since there is absolutely no demonstrable logic that could show this site to be turning into a board for the Westboro Baptist Church or something.

Buster says

Lastly, Patrick, if you are not going to enforce your very own stated comments policy; "Comment Policy: Insult Another User, Go To Jail", then you should remove this statement entirely.

He never made a personal attack that was directed at you, specifically. If you are gay, I certainly do not blame you for being offended, but he never made a personal attack on you. The comment policy is pretty specific, "Insult Another User, Go To Jail." There is a huge difference between insulting someone and offending them.

rootvg seems to be keenly aware of the rules, and it seems to me that he has probably been trolling the easily-offended in this fashion for quite a while because he is pretty good at it.

"Think, don't feel" is exactly how to deal with him, and is why this is silly. It's plainly obvious that "think don't feel" is the way to deal with him, but he comes out saying that it is the answer knowing that once he says something unpopular people will go attacking him, and that precludes them from ever acknowledging that "thought over feeling" is how to deal with it since it would make him "right." Suck it up & chock one point over to him, because he won this round before it even started. He wanted to prove a point, and he did.

397   lurking   2012 Mar 7, 9:31am  

@patrick. Rootvg's comments pasted below sure seem like a TOS to me. There are alot more anti gay remarks posted too.

rootvg who has 128 comments said:

wthrfrk80 says

1sfrenter says

The anonymity of the web lets people show their true colors, and the homophobia and racism on many blogs is astounding.

There is no such thing as "homophobia." That word is a purely political term.

I'm not phobic at all. I don't like them. I think they're subhuman. They're chronically angry at the world, perpetually unstable emotionally and aspire to corrupt everything they touch. They hate middle America and everything it stands for.

They also just about own the Democratic party.

It used to be a faggot couldn't get a security clearance to do defense work because someone could blackmail them but I understand that's no longer the case. Secret has always been fairly easy to get but I can't speak for TS and above. A lot of things have changed since I was in that world.

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