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Doom Over: Business Insider Housing Bottom Hath Been Reached!

 
AmericanJedi
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User ID: 1503533
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11/23/2012 06:30 PM
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Doom Over: Business Insider Housing Bottom Hath Been Reached!
[link to www.businessinsider.com]

For one thing, it's always been right. In its early days, when we all started reading it, it was way ahead of the curve in terms of warning about the housing bubble, horrible bank lending practices, and generally the economic collapse. From his perch in Newport Beach, CA he could see first hand the people taking out loans worth 10x their income, filling their Inland Empire garages with Harleys and Boats that they obviously couldn't afford.



"It's all good, no debt, no Eurozone, no unemployment I'm a half wit always bullish baby boomer who 'invented' economics blogging."

Wow! As tragic as this moron's optimism is, I can't stop laughing.


(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
AmericanJedi  (OP)

User ID: 1503533
United States
11/23/2012 06:31 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
AmericanJedi  (OP)

User ID: 1503533
United States
11/23/2012 06:34 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
bump
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Garman906

User ID: 28096472
United States
11/23/2012 06:35 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
I live in a sparesly populated area and the morning newspaper is filled with foreclosure notices every day.

As long as this continues, it ain't over.
AmericanJedi  (OP)

User ID: 1503533
United States
11/23/2012 06:40 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
I love this sort of vanity...


(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 13864401
United States
11/23/2012 06:41 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
Anonymous Coward
User ID: 21681843
United States
11/23/2012 06:43 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
[link to www.businessinsider.com]

For one thing, it's always been right. In its early days, when we all started reading it, it was way ahead of the curve in terms of warning about the housing bubble, horrible bank lending practices, and generally the economic collapse. From his perch in Newport Beach, CA he could see first hand the people taking out loans worth 10x their income, filling their Inland Empire garages with Harleys and Boats that they obviously couldn't afford.



"It's all good, no debt, no Eurozone, no unemployment I'm a half wit always bullish baby boomer who 'invented' economics blogging."

Wow! As tragic as this moron's optimism is, I can't stop laughing.


 Quoting: AmericanJedi


first off the bottom has not been reached!
the bottom line is this: The government is buying every month in the millions.... the goal is to artificially inflate housing prices again so idiots take money out again and flood the economy----- putting your sorry butt in even higher debt------ they just want to cause yet another housing bubble.... but make no mistake-- its all smoke and mirrors and it will collapse.... your choice..
DarthDickheadus:Ameri​canSith  (OP)

User ID: 1503533
United States
11/23/2012 06:43 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
 Quoting: Anonymous Coward 13864401


No, that's a clear indicator of supply and demand.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 28266702
United States
11/23/2012 06:47 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"no better time to buy than right now" 2006 quote from a REALTURD.

cozy vintage charmer 3 and 2 with a nice view of the debt clock.

Mortgage MORT= DEATH GAGE= DEBT MORT-GAGE Mortgage= Death Debt.


No one owns shit. Try not paying your property tax, they will sell your property on the court house steps, then send armed men (Sheriff) to your house to set you in the street. Even if you only owe $1.00 yeah.

Make sure you pay on time to avoid Penalties and Interest.

Debt slaves.

Proper fucked.
Anonymous Coward
User ID: 13864401
United States
11/23/2012 06:54 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"no better time to buy than right now" 2006 quote from a REALTURD.

cozy vintage charmer 3 and 2 with a nice view of the debt clock.

Mortgage MORT= DEATH GAGE= DEBT MORT-GAGE Mortgage= Death Debt.


No one owns shit. Try not paying your property tax, they will sell your property on the court house steps, then send armed men (Sheriff) to your house to set you in the street. Even if you only owe $1.00 yeah.

Make sure you pay on time to avoid Penalties and Interest.

Debt slaves.

Proper fucked.
 Quoting: Anonymous Coward 28266702


Pay your property taxes, dont worry about your mortgage.. You can live in the house for years... Try not paying your rent for a week? They'll have you thrown out in 30 days..
Anonymous Coward
User ID: 5490382
United States
11/23/2012 06:55 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


^^^THIS^^^ LMAO
Anonymous Coward
User ID: 13864401
United States
11/23/2012 06:55 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
 Quoting: Anonymous Coward 13864401


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
DarthDickheadus:Ameri​canSith  (OP)

User ID: 1503533
United States
11/23/2012 07:08 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
 Quoting: Anonymous Coward 13864401


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
 Quoting: Anonymous Coward 13864401


Yes, it's harder to get a fucking home loan hence fewer houses are actually selling and rents are going up! Jesus, read a fuckin' book that doesn't start with a "The cold nectar of his vampire's kiss..." blah blah blah...

Last Edited by Mad Scientist (aka AmJedi) on 11/23/2012 07:08 PM
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 13864401
United States
11/23/2012 07:12 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
...


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
 Quoting: Anonymous Coward 13864401


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
 Quoting: Anonymous Coward 13864401


Yes, it's harder to get a fucking home loan hence fewer houses are actually selling and rents are going up! Jesus, read a fuckin' book that doesn't start with a "The cold nectar of his vampire's kiss..." blah blah blah...
 Quoting: DarthDickheadus:AmericanSith


blah.. blah.. blah... And dont you think some of the Morans renting will realize their rent is only going to continue to go higher?
Anonymous Coward
User ID: 10097155
United States
11/23/2012 07:14 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
"The Titanic is unsinkable"

"The check is in the mail."

"No, I won't cum in your mouth."

"It's only a cold sore."
 Quoting: AmericanJedi


I lol'd.
Anonymous Coward
User ID: 22441207
United States
11/23/2012 07:15 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
i just bought house yay for me

5a
Anonymous Coward
User ID: 13864401
United States
11/23/2012 07:17 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
...


Not sure about the housing recovery yet. But I can tell you my rent has definetly recovered! LOL They are raising my rent again!!! From $1200 to $1350!!! If rents keep going up like this, housing is going to have to come back
 Quoting: Anonymous Coward 13864401


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
 Quoting: Anonymous Coward 13864401


Yes, it's harder to get a fucking home loan hence fewer houses are actually selling and rents are going up! Jesus, read a fuckin' book that doesn't start with a "The cold nectar of his vampire's kiss..." blah blah blah...
 Quoting: DarthDickheadus:AmericanSith


Not everyone renting has a 450 credit score OP.... just sayin...
DarthDickheadus:Ameri​canSith  (OP)

User ID: 1503533
United States
11/23/2012 07:19 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
...


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
 Quoting: Anonymous Coward 13864401


Yes, it's harder to get a fucking home loan hence fewer houses are actually selling and rents are going up! Jesus, read a fuckin' book that doesn't start with a "The cold nectar of his vampire's kiss..." blah blah blah...
 Quoting: DarthDickheadus:AmericanSith


blah.. blah.. blah... And dont you think some of the Morans renting will realize their rent is only going to continue to go higher?
 Quoting: Anonymous Coward 13864401



If you can't qualify for a fucking loan, what else can you do? I have a 800+ FICO, I am part of the elite in the credit world and I wouldn't want to be mortgage shopping right now!

Don't let the rate game fool you, you're still paying too much for that 3 bed 2 bath quaint little fixer upper.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Burt Gummer

User ID: 7702124
United States
11/23/2012 07:20 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
Doom Over: Business Insider Housing Bottom Hath Been Reached!
 Quoting: AmericanJedi


Sure....whadeva you say bozz.





offen
DarthDickheadus:Ameri​canSith  (OP)

User ID: 1503533
United States
11/23/2012 07:20 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
...


No, that's a clear indicator of supply and demand.
 Quoting: DarthDickheadus:AmericanSith


Yeah, because rental prices and real estate prices have no connection... LOL
 Quoting: Anonymous Coward 13864401


Yes, it's harder to get a fucking home loan hence fewer houses are actually selling and rents are going up! Jesus, read a fuckin' book that doesn't start with a "The cold nectar of his vampire's kiss..." blah blah blah...
 Quoting: DarthDickheadus:AmericanSith


Not everyone renting has a 450 credit score OP.... just sayin...
 Quoting: Anonymous Coward 13864401



No, my youngest brother rents and I know his FICO is somewhere in the sevens, but he's go too much student loan debt and not enough income.

More to life than FICO.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
DarthDickheadus:Ameri​canSith  (OP)

User ID: 1503533
United States
11/23/2012 07:21 PM
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Re: Doom Over: Business Insider Housing Bottom Hath Been Reached!
Doom Over: Business Insider Housing Bottom Hath Been Reached!
 Quoting: AmericanJedi


Sure....whadeva you say bozz.





offen
 Quoting: Burt Gummer


Did you read my first post? It was satirical.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."





GLP