patrick.net

Homeboy says

Bigsby says

Except they did have enough conviction in their beliefs to actually risk a great deal of money (everything in the case of Egads), so there is a little more to it than a bit of bluster on a forum.

Conviction and belief are not the same as insight. And really, someone like me who doesn't have a lot of money and only has one shot at buying a house risks far more than any investor who's got a ton of money burning a hole in his pocket.

Did Egads have a ton of money? He's a community college professor. From what he's said, he risked everything based on his convictions/insights/whatever you want to call them.

Call it Crazy says

Bigsby says

Did Egads have a ton of money? He's a community college professor. From what he's said, he risked everything based on his convictions/insights/whatever you want to call them.

Do you believe everything you read on an anonymous forum on the Internet??

I guess the title of this thread "Sheeple" really fits you.....

I think you know fine well he's been honest about his purchases and that you are just bullshitting.

egads101 says

Futher, the contention that "I had to write 50 offers to get one accepted" actually prove my point: had you bought a year earlier, you had much more choice, AND negotiation power. I don't give a crap what ANY chart says, that was the reality, on the streets.

Irrelevant. What we're discussing, and what you can't seem to remember to save your life, is whether the advice given IN 2010, IN FREMONT, CA, was the most horrible advice ever given and whether the giver of the advice deserves to be kicked in the balls, which she does not have. I said no, it wasn't such horrible advice, and that waiting a year might have prevented the person from ending up underwater. So unless you own a time machine, I would say that buying in 2009 would have been off the table in 2010. Wouldn't you agree?

Bigsby says

Did Egads have a ton of money? He's a community college professor. From what he's said, he risked everything based on his convictions/insights/whatever you want to call them.

Did he have a ton of money? HE SAID HE BOUGHT 13 HOUSES. FUCKING THIRTEEN. Yeah, that's a ton of money in my book. Ooh, big "risk taker" - LOL. I could afford exactly ONE house. In fact, almost everyone I know can afford exactly one house.

You guys really take the cake, you know that?

egads101 says

waitingforthefall didn't say "wait a year"

How do you know that?

egads101 says

waitingforthefall spent the next 3 years on here, saying home prices were about to fall... endlessly.

Link?

egads101 says

so yes, it was terrible shit advice, as seen by the likely 300K or more in increased equity the homebuyer "she felt sorry for" is now sitting on.

The homeowner would have even MORE equity, and wouldn't have had to do extra work and stress out to make mortgage payments, had he bought in 2011, so your observation doesn't prove anything.

egads101 says

are you, in real life, as fucking stupid as you are on here?

Hmmmm...you're the one who couldn't tell the difference between the OP and waitingforthefall, and aren't you the one who has to keep changing his screen name because everyone here viewed you as a silly troll?

egads101 says

A terrorist threat to my place of work from one of you cocksuckers... yeah, that was enough for a name change...

And that didn't clue you in that maybe something is wrong with your posting style?

egads101 says

Find the post that says that, then you stupid fuck.

She said she advised that person not to buy in 2010. YOU are making the claim that this advice somehow extended past 2012. I think it's contingent on YOU to provide evidence for you claim.

I will say this - waitingforthefall bought investment properties in 2011, so that doesn't sound like someone who was advising people NOT to buy in 2011. Does it sound like that to you?

It would be nice if the person in question would actually weigh in here, but she's probably just enjoying your insane rants.

egads101 says

do you want to know something, you stupid fuck? there is always a better deal.

Gee, I can't imagine why anyone would threaten you in real life? Is this how you act in real life?

egads101 says

A better time, a seller who would have taken a couple thousand less.

I guess you failed to look at the data I posted for Fremont, because it was EIGHTY thousand, not "a couple thousand". But then you do strike me as someone who has no qualms about making up lies.

egads101 says

Is that your fucking stupid point?

No, it's a silly strawman point that you made up.

egads101 says

seriously, I have to ask again, are you this stupid in real life?

I haven't been threatened by anyone on this forum in real life, so maybe that answers your question?

egads101 says

by that definition, Only 1 person, In the entire fucking country, got the best deal out of the crash; The mathematically cheapest home in the mathematically cheapest city, poised to rise the most, on exactly the right day of the right year.

Are you serious? So you don't think ANY year is better than any other year to buy, so long as your house goes nominally above the price you paid for it at any time in the future? So 2007 was just as good as 2009, so long as the house you bought goes one dollar above the price you paid for it? O.K., whatever you say. Good luck with that investing career.

egads101 says

seriously, you are a fucking loser. and a moron.

Listen. Many of the people here trade insults, but the brighter ones do it in a clever way that has something to do with the argument they're making. Simply stammering "You are a fucking loser. and a moron" is not the slightest bit clever. It just makes you sound like an angry troll. You really should start thinking about why everyone viewed you as a troll and why you have to keep changing your screen name. You actually come off as a spoiled rich fuck who has nothing better to do than cuss at people on the internet.

Be very careful.
In this forum, in this place, that may not be the case.

Homeboy says

Irrelevant. What we're discussing, and what you can't seem to remember to save your life, is whether the advice given IN 2010, IN FREMONT, CA, was the most horrible advice ever given and whether the giver of the advice deserves to be kicked in the balls, which she does not have.

Homeboy says

It would be nice if the person in question would actually weigh in here, but she's probably just enjoying your insane rants.

There's no use replying to an insane person. Bobby has delusions of grandeur and thinks everyone is jealous of him. You can't talk to a crazy person and expect to receive a rational response.

Homeboy says

Bigsby says

Did Egads have a ton of money? He's a community college professor. From what he's said, he risked everything based on his convictions/insights/whatever you want to call them.

Did he have a ton of money? HE SAID HE BOUGHT 13 HOUSES. FUCKING THIRTEEN. Yeah, that's a ton of money in my book. Ooh, big "risk taker" - LOL. I could afford exactly ONE house. In fact, almost everyone I know can afford exactly one house.

You guys really take the cake, you know that?

How much would that one house cost? And how old are you and your friends? Egads is somewhere around his late 40s I believe. He used everything that he could get his hands on to buy a large number of very cheap properties. That doesn't mean he was some high flying investor, does it? It was clearly a well thought out risk on his part, and the fact that you felt it necessary to write that post makes it clear to me that you are just trying to start an argument.

egads101 says

you guys can say whatever you want. you will NEVER achieve what I have :-)

You didn't "achieve" anything, you had enough money burning a hole in your pocket that you were able to buy 13 properties, while the average family can only afford ONE house, to live in. Like I said, you're just a rich spoiled fuck. And quite honestly, I wouldn't WANT all that money if it made me into a self-centered asshole like you. Your constant bragging doesn't impress anyone here - believe me.

egads101 says

Homedicksucker has 133 pages of posts, arguing with everyone in every market, even cities he has never visited, that 2012 was the bottom. It was not. Fucking get over it, you screwed up!

I never said 2012 was the bottom EVERYWHERE. There are actually markets in the Bay Area where 2009 was the bottom. I did say 2012 was the bottom in MY town, and that's when I bought. But very early in 2012. 2012 was when prices started going up. I don't know where you're getting the idea that I "screwed up". As I said, I bought within a month of the exact bottom of the local market, and the comps show my house being worth 40% more than what I paid for it.

Bigsby says

Anyway, I'm done with this.

Yet another lie, I see. LOL.

Homeboy says

egads101 says

you guys can say whatever you want. you will NEVER achieve what I have :-)

You didn't "achieve" anything, you had enough money burning a hole in your pocket that you were able to buy 13 properties, while the average family can only afford ONE house, to live in. Like I said, you're just a rich spoiled fuck. And quite honestly, I wouldn't WANT all that money if it made me into a self-centered asshole like you. Your constant bragging doesn't impress anyone here - believe me.

An entirely unnecessary attack. He's a middle aged man. His 'wealth' back in 2010 was (considerably) less than a very great number of people in CA, for example. How does his situation constitute being 'a rich spoiled fuck?' YOU are trolling now.

Homeboy says

Bigsby says

Anyway, I'm done with this.

Yet another lie, I see. LOL.

If you post shite, I may feel the need to respond. Call me old fashioned if you like.

Bigsby says

His 'wealth' back in 2010 was (considerably) less than a very great number of people in CA, for example.

Oh, yeah - everyone in California can afford to buy 13 houses.

Jesus Christ, do you even LISTEN to yourself?

Bigsby says

If you post shite, I may feel the need to respond. Call me old fashioned if you like.

Oh, really? That's not what you wrote before. You said you were "done", and you said "knock yourself out". Guess that wasn't true, though.

Homeboy says

Bigsby says

His 'wealth' back in 2010 was (considerably) less than a very great number of people in CA, for example.

Oh, yeah - everyone in California can afford to buy 13 houses.

Jesus Christ, do you even LISTEN to yourself?

FFS, he said he had $400,000 in the bank from selling previous property and not much else. What kind of equity do you think rather a lot of 50 year-olds have in property on the East and West coasts (and elsewhere)? Do you think that makes them 'rich spoiled fucks?' What is the matter with you?

Homeboy says

Bigsby says

If you post shite, I may feel the need to respond. Call me old fashioned if you like.

Oh, really? That's not what you wrote before. You said you were "done", and you said "knock yourself out". Guess that wasn't true, though.

No, I guess it wasn't, largely because you are continuing to be an arsehole and I've got half an hour to kill before going out.

egads101 says

bullshit to your "$80K home price drop in Fremont, 2010 to 2011"

zillow has it at max $30K...

Oh, Zillow. Wow, great source there. LOL.

Bigsby says

Do you think that makes them 'rich spoiled fucks?'

I didn't say everyone who is rich is a spoiled fuck. I just said Egads is a rich spoiled fuck.

Homeboy says

Bigsby says

Do you think that makes them 'rich spoiled fucks?'

I didn't say everyone who is rich is a spoiled fuck. I just said Egads is a rich spoiled fuck.

Ah, more of your usual semantic games. He's reasonably rich now. He wasn't before. He may or may not be a fuck, but I'm sure you aren't the apple of his eye either. Spoiled? No doubt you'll come up with some sort spin of that.

Bigsby says

Homeboy says

Bigsby says

Do you think that makes them 'rich spoiled fucks?'

I didn't say everyone who is rich is a spoiled fuck. I just said Egads is a rich spoiled fuck.

Ah, more of your usual semantic games.

How would that be a "semantic game"? Do you know what "semantic" means? Actually, I don't even need to ask. Obviously you don't.

Bigsby says

You've just listed all the things you do.

Uh, I know you are but what am I?

You're a clever one, aren't you?

egads101 says

Say, the $/square foot on trulia shows the same thing as zillow: essentially flat all of 2010, 2011...

That's not flat. That's a drop of $120,000 for a 2000sf house. I know $120,000 doesn't mean anything to a rich fuck who owns 13 houses, but it's actually a lot of money to us commoners.

P.S. thanks for proving early 2012 was the bottom.

Homeboy says

Bigsby says

You've just listed all the things you do.

Uh, I know you are but what am I?

You're a clever one, aren't you?

Ah, your tired old response trotted out once again. I'm so surprised.
You really are an arrogant so-and-so. Let me guess, you're in your 20s, think you are super duper intelligent, dislike your job, and are wondering why life has dealt you a crappy hand. Is that right? Or perhaps you'd care to explain why it is you're such a petulant and arrogant individual.

Homeboy says

Oh, lookie - here's a thread titled:

"Bigsby is a mega troll and needs to be defeated"

http://patrick.net/?p=1224374

Here's a thread started by Patrick, title "TOP TROLLS". http://patrick.net/?p=1216384 Guess who's on the list?

| username | ignoredby |

Bigsby | 11

Ignored by 11. Tsk tsk. Oh, but it's 12 now, isn't it? I thought I was bad with 8, but you beat me by a country mile.

And there we go. Perhaps you'd care to mention who it was that posted up that thread title and the reason behind it? Ah, yes, Rentingforhalfthecost, one of the very worst trolls on this forum. Well done on picking that. I've had huge arguments with the conspiracists and trollish permabears on this forum. My ignore list actually went form zero to 11 in the space of a day nearly 2 years ago after getting involved in pointless arguments with the worst troll on this forum - Darrell in Phoenix aka RealtorsAreLiars aka double figure additional name changes. Either that troll blocked me multiple times with his different handles so he could have a dig (which he did) or others got sick of reading the back and forth. I don't blame them on reflection if they did. No. 12 is 'The Professor,' so I consider being ignored by him as a badge of honour seeing as he is a completely moronic conspiracist.

egads101 says

It's ok, 20 or 30 years from now, you'll be telling your friends how you knew the great bigsby, and the wise oracle during the crash...

If you're around that long. At the rate you are pissing people off, I wouldn't count on it.

egads101 says

2009 was just as low, naturally you are too stupid to see that!

No it's not. When are you going to figure out that calling people names doesn't make you right. The chart's right there on the page. Unless you do something assholish like changing it or taking it down, everyone can see it goes lower in 2012.egads101 says

And, as has been pointed out to you, repeatedly, one simple median or average index cannot completely capture the reality of a housing market;

And yet you posted a median chart. What does that say about you?

egads101 says

So, since a number can't be perferct, I shouldn't post it?

No, I think it's perfectly fine to post median price charts. I think they're useful. I just think you're being a hypocrite to post the chart but then back away from it when you realize it doesn't show what you want it to show. It's funny, you seemed to think your chart proved something when you thought you were using it against me, but as soon as I pointed out it shows a decline with the bottom being in 2012, you immediately started saying it can't capture the housing market.

Maybe you should get a job at waffle house, what with all the waffling you're doing.

egads101 says

ARE YOU THIS STUPID IN REAL LIFE?????

Again, calling people names doesn't make you right. You're still wrong. You seem to have some sort of emotional problem and some anger issues. I would get that in check if I were you. Look what happened to you as a result of your out of control temper. You ended up being threatened in real life.

egads101 says

You win the debate.

Yes, I already knew that.

egads101 says

Now fuck off and die, you are a pathetic loser, who will NEVER IN HIS LIFE, do 1/10 of what i've done.

Well, it's true I only bought one house while you bought 13, so that is less than 1/10th of what you have done, but I don't judge myself by how much money I have, so in my mind that doesn't make me a "loser". While I might like to have more money, I would MUCH rather be poor than be a spoiled rich braggart asshole with emotional problems like you.

Bigsby says

Ah, your tired old response trotted out once again. I'm so surprised.

Well I was only making fun of you. It's indicative of the fact that YOU keep posting childish taunts over and over. I mean, really, "Buh, you just listed all the things you are". Did you really think you were being clever?

egads101 says

in 2009, I bought a home for $46,000. 4 bedrooms with a garage. I fixed it, and rented it for $1050 a month.

so by your incredibly moronic logic, that was a bad time to buy

The fact that you keep coming up with these lame strawmen indicates that you are incapable of reading and comprehending what I write.

Bigsby says

Anyway, you're now clearly fishing for a fight with me,

I will remind you, AGAIN, that you started this encounter. My first post in this thread had nothing to do with you. So obviously I am not the one "fishing for a fight". You have kept this up for several pages. I made a simple point a long ways back, and you have relentlessly attacked me ever since.

Bigsby says

so depending on what kind of response (or not) you now want to make, we can put this back and forth to rest and move on. Or you can decide to keep going...

That's all up to you. I told you, I don't just roll over and take it when a troll starts picking on me. So the more trolling you do, the more responses you are going to get from me. You reap what you sow. At least until you reach the point that I am completely weary of you and I put you on ignore. It's happened to you 12 times, so 13 can't be far off.

egads101 says

Fremont Recently Sold Homes

Say, the $/square foot on trulia shows the same thing as zillow: essentially flat all of 2010, 2011...

So, lets see:

Holy shit! Sorry, I overlooked it before, and I just realized that chart is price per square foot, which is more accurate than median price, because it takes the size of the houses into account.

So according to that chart, ppsf was about $350 in mid 2010, and about $290 in Q1 2010. That's a decline of $60 per square foot. That means a 2,000 sf home would have declined in price not $80,000, as I said before, but $120,000! And since ppsf is more accurate than median, the $120K figure is probably the correct one.

$120,000 savings, just by waiting a year and a half, according to the chart YOU posted (that you moronically stated was "flat"). That would have been enough to buy a COUPLE of houses in Vegas. So NOW who do you think needs to be repeatedly kicked in the balls?

Homeboy rules!

I can already hear your response. "Buh, derp, irrelevant bullshit, tangent, 2009, 2013, cusswords, namecalling, I'm richer than you..."

egads101 says

Fremont Recently Sold Homes

how about showing what per sq chart from 1990 ? for one it would show prices doubled from late 90s (1998 to 2000).. YES ... DOUBLED.. so 2000 is already
well inflated numbers.

thomaswong.1986 says

how about showing what per sq chart from 1990 ? for one it would show prices doubled from late 90s (1998 to 2000).. YES ... DOUBLED.. so 2000 is already

well inflated numbers.

Buh, irrelevant.

Next...

Homeboy says

Buh, irrelevant bullshit.

very relevant since the bubble started a few years before year 2000..
up 100% from 1998 to 2000.. and some today would say it was based
on sound fundamentals... like inflated stock bubbles.. which we know
today isnt rational at all. Of course no one would pay $300 for yahoo stock
or $600 for Ariba stock today.. so the employees can rush out to buy a home in
Fremont ? Right !!!!

Rushbot.1986 says

very relevant since the bubble started a few years before year 2000..

up 100% from 1998 to 2000.. and some today would say it was based

on sound fundamentals... like inflated stock bubbles.. which we know

today isnt rational at all. Of course no one would pay $300 for yahoo stock

or $600 for Ariba stock today.. so the employees can rush out to buy a home in

Fremont ? Right !!!!

Irrelevant. Non sequitur. Try again.

Open book quiz. Feel free to use the chart above, posted by egads.

1. What was the average price per square foot for properties in Fremont, CA in mid 2010?

2. What was the average price per square foot for properties in Fremont, CA, at the beginning of 2012?

3. Which was lower?