Author Topic: Housing Analysis  (Read 321034 times)

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Offline irvinehomeowner

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Re: Housing Analysis
« Reply #1875 on: September 23, 2022, 12:08:35 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.
Once you go 3-car garage... your junk can never go back.
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Offline Liar Loan

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Re: Housing Analysis
« Reply #1876 on: September 23, 2022, 12:19:53 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.

It pains you.  I can see that.

Offline irvinehomeowner

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Re: Housing Analysis
« Reply #1877 on: September 23, 2022, 02:12:00 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.

It pains you.  I can see that.

Nope... just embarrasses you more because you so need to be right after being so wrong for all these years.

It's... well... pathetic. But you do you.

Any more charts you want to post here? :)
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline Liar Loan

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Re: Housing Analysis
« Reply #1878 on: September 23, 2022, 02:45:09 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.

It pains you.  I can see that.

Nope... just embarrasses you more because you so need to be right after being so wrong for all these years.

It's... well... pathetic. But you do you.

Any more charts you want to post here? :)

I've only tried to help others.  You clearly have more malicious motivations.

Offline irvinehomeowner

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Re: Housing Analysis
« Reply #1879 on: September 23, 2022, 02:49:56 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.

It pains you.  I can see that.

Nope... just embarrasses you more because you so need to be right after being so wrong for all these years.

It's... well... pathetic. But you do you.

Any more charts you want to post here? :)

I've only tried to help others.  You clearly have more malicious motivations.

Oh really? Never you heard you tell people when to buy... that would be more helpful.

All you've done is cap on Irvine... and Arizona... so who here is the malicious one?

Keep digging that embarrassment hole deeper... it's pure comedy.
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline Compressed-Village

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Re: Housing Analysis
« Reply #1880 on: September 23, 2022, 02:59:05 PM »
What is this? Shit on Liar Loans Friday?

The world is going into depression, yoh!

😀


There is bigger things happening.

Offline Liar Loan

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Re: Housing Analysis
« Reply #1881 on: September 26, 2022, 01:14:51 PM »
"Finally Got It Right Friday" brought to you by Liar Loan.

See other threads for his awesome takes.

It pains you.  I can see that.

Nope... just embarrasses you more because you so need to be right after being so wrong for all these years.

It's... well... pathetic. But you do you.

Any more charts you want to post here? :)

I've only tried to help others.  You clearly have more malicious motivations.

Oh really? Never you heard you tell people when to buy... that would be more helpful.

All you've done is cap on Irvine... and Arizona... so who here is the malicious one?

Keep digging that embarrassment hole deeper... it's pure comedy.

Telling people not to buy at the peak of a massive bubble is not crapping on anything.  It's warning them of danger to come. 

You of all people should appreciate that, since the origins of this forum stem from Larry's efforts to warn people back in 2007.

Offline irvinehomeowner

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Re: Housing Analysis
« Reply #1882 on: September 26, 2022, 03:06:16 PM »
As far as I know, you've been telling people not to buy in Irvine forever... so not just during the peaks (although based on your posts, I guess you can say you thought it would peak every year).

Many people are probably glad they did not listen to you and are probably sitting on 20-80% pain right now. :)
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline zubs

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Re: Housing Analysis
« Reply #1883 on: September 26, 2022, 10:41:46 PM »
Has LL ever advised people to buy?
He's been on here for more than a decade like me....


I mean 10plus years he must have said BUY BUY BUY...somewhere.


I don't wanna go through LL historical posts...2much work.

Offline Liar Loan

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Re: Housing Analysis
« Reply #1884 on: September 27, 2022, 09:48:17 AM »
Has LL ever advised people to buy?
He's been on here for more than a decade like me....


I mean 10plus years he must have said BUY BUY BUY...somewhere.


I don't wanna go through LL historical posts...2much work.

I did tell people to buy starting in June 2009, and I myself bought a home in late 2010.  I received a lot of flack for that from people like awgee, who used to post here and on other forums that I frequented.  The thing is it was pretty well established by 2012 that Irvine was recovering so there wouldn't have been much point in me urging people to buy.  People that want to buy generally don't need a lot of urging, but they do need urging not to buy when the timing is bad. 

They are so swept up in emotion, that facts, logic, and data don't easily persuade them, so I do my best to create a negative emotion about buying to dissuade them.  That's why I have so many people on this forum hating me, but oh well, I know I've tried to help them by presenting a contrarian viewpoint, and they can let their frustrations out on me if they want.

Offline zubs

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Re: Housing Analysis
« Reply #1885 on: September 27, 2022, 12:54:50 PM »
2009 all the way to 2020 were all good times to buy.
You would be richer now if you bought @ anytime in those 11 years....


Which means you would be @ a loss if you sold during those 11 years....unless you exchanged it for something else.
Which leads me to the reason I never sell.  I dunno what to do with the extra cash so I just leave it.



Offline Liar Loan

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Re: Housing Analysis
« Reply #1886 on: September 30, 2022, 12:45:25 PM »
2009 all the way to 2020 were all good times to buy.
You would be richer now if you bought @ anytime in those 11 years....


Which means you would be @ a loss if you sold during those 11 years....unless you exchanged it for something else.
Which leads me to the reason I never sell.  I dunno what to do with the extra cash so I just leave it.

True, I bought four properties over that time.  The problem is for Orange County, about 10 of the last 30 years have had declining property values.  So 1/3 of the time, you are better off not buying, especially as a first time buyer.  Timing matters... a lot.

Offline irvinehomeowner

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Re: Housing Analysis
« Reply #1887 on: September 30, 2022, 02:40:40 PM »
Just like others have said... time in is probably more important than timing... and much easier to manage.
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline AW

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Re: Housing Analysis
« Reply #1888 on: October 01, 2022, 10:57:54 AM »
2009 all the way to 2020 were all good times to buy.
You would be richer now if you bought @ anytime in those 11 years....


Which means you would be @ a loss if you sold during those 11 years....unless you exchanged it for something else.
Which leads me to the reason I never sell.  I dunno what to do with the extra cash so I just leave it.

True, I bought four properties over that time.  The problem is for Orange County, about 10 of the last 30 years have had declining property values.  So 1/3 of the time, you are better off not buying, especially as a first time buyer.  Timing matters... a lot.

Did you post here telling people it’s a good time to buy when you bought 4 properties?  (Sorry, I don’t recall, and don’t read every post).

A lot of topics on this board are on the newer homes/new construction, so timing may not apply.  Especially if you’re looking for a specific tract, lot, view, etc.   Wait until a downturn so you can scoop it up?  I don’t think so, best chance in getting said properties is to be high on the list.   Some may never hit the market.

 

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