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So it was big news that realtors have finally been held liable for ripping off home sellers with their shady practices. In effect, realtors have been acting as a cartel by coercing sellers to pay the buyers' commissions. We all know that if you offer a 0% buyers commission, the realtors...

We've all heard about Canada's ban on foreign buyers, but this movement is also picking up steam in the US. Texas is leading the way, but the article mentions that 11 states are considering some form of legislation regulating foreign ownership of real estate... including California! A recent...

China's population has officially started to decline and it is about 10 years earlier than the UN projected. There will soon be fewer Chinese than Indians in Asia. By the end of this century, China will be down to year 1975 population levels...

It's time we at TI started using our collective wisdom and knowledge to advise the unfortunate victims of the most recent housing bubble. And conversely, we should use our knowledge to help first time buyers looking for when they should jump into the market in a way that helps them avoid...

A Pennsylvania home builder goes crazy when woman asks for her $130k deposit back.  (Warning: graphic violence) https://www.youtube.com/watch?v=aA4CxrciaLM

Home sales are tanking everywhere, which isn't a surprise, but Riverside is #1 in the nation for increased housing supply with 23.3% more listings than a year ago. What sellers are thinking: In Los Angeles and Orange counties, the number of homes on the market fell 21.8% in the year ? No. 41 of...

Sacramento rent begins to rapidly lower as eviction rates rise As eviction rates rise across the Sacramento region, it temporarily lowers rent rates as vacancies increase, according to experts. As eviction rates across the Sacramento region rise due to COVID-19 rent relief ending, the price to...

EDIT: I previously posted this on the Housing Analysis thread, but I think AZ deserves it's own thread, given what is happening there. How badly will 5% rates affect the Arizona market? Home prices heated up to start the year, with huge surges in Arizona and Florida, says S&P Case-Shiller...

Chris Cuomo prepping to sue CNN for more than $18M over contract https://nypost.com/2021/12/06/chris-cuomo-prepping-to-sue-cnn-over-his-reported-6m-a-year-contract/

Turns out, Harvard students aren?t that smart after all https://www.theguardian.com/commentisfree/2021/nov/17/harvard-university-students-smart-iq

After the stir created by the legendary 'snakehead fish' story - so controversial it's the only post I've ever deleted (unlike YF) - I realize now that a new thread devoted to the threat from exotic fish species needs to be started.  So here goes... 'Penis fish' wash up on a beach in California...

Woodbridge a few nights ago.

I thought it would fun to start a thread featuring either photos or just written memories of things from the past here in Irvine or OC.  We've had other threads that went off topic where we talked about these things.  For example, I had fun reminiscing about Lion Country Safari awhile back. So...

It's time to start a new political thread!! And what better way to kick off this topic then to announce the sad news that CPL won't be running for President after all: Avenatti announces that he will not run for president in 2020...

There seems to be an effort lately to canonize John McCain as some kind of saint now that he has passed away. This sentiment expressed by two of our resident TI posters displays it perfectly: Yet, if you go back and actually study John McCain's life, there is lot more self-dealing and...

A bloodbath in junk bonds could lead to another credit crunch and put upward pressure on yields (ie interest rates).  Junk bonds have gotten so expensive that there is almost no risk premium being paid to investors now.  The holders of this credit will face the double whammy of huge losses from...

I'm starting this thread as an offshoot of the "Frustrated with lack of retail" thread:http://www.talkirvine.com/index.php/topic,16323.msg332014.html#msg332014 We discussed how people will pay ludicrous sums of money for handbags covered in certain logos that, apparently, they think raises...

Bill Cosby Convicted of Sexual Assault as Accusers Weep Outside Courthouse Wow... 60 accusers.  And it took all these years to get a conviction for just one assault.

I just noticed that my post count has exceeded 1,000 and now I'm being labeled a "Certified Irvine Addict".  Would it be possible to hardcode a change to mine and make it "Certified anti-Irvine Addict"?  :D

Bitcoin just gained another $1,000 in price hitting $11,000 this morning, before investors started cashing in their gains and driving the price lower.  The currency has gone up about 10x in value this year. Similarly, in the year 1637 tulip bulb mania swept Holland and the price of bulbs...