Again, I pose an honest question, why would the Irvine Company care about what's posted on this blog? This company no longer builds homes, and it's primary focus is to rent apartments, lease commercial space, and operates resorts. Yes, they develop lots to sell to merchant builders and yes it was profitable, but it is nowhere near a core business. Holding the land costs them nothing as they own it outright and paid for the improvements with their own cash.
I agree, Bren is an advocate of the OC and doesn't like negative press about the housing downturn, however, all major media outlets and prominent blogs (i.e. cr) have reported news just as negative as IHB. Why would he care about a city specific blog that restates a lot of what CR and the national media writes and reports on mispriced houses (obviously a phenomenon not just limited to Irvine)?
or am I missing the point, is this just a forum to bash a the irvine company simply because we all rent or have rented from them (i fall in that boat too)? Someone, PLEASE, enlighten me.