graphrix_IHB
New member
I have re-read some of my recent rants, as well as it being pointed out to me by people who care about me, that they have been a bit over the top. I do sound bitter, and that is not how I feel, nor is it how I want to come across. So, I apologize for that, and I hope my explanation for it helps shed some light on it.
First, and I have said this before, but the topics are starting to become redundant here. Maybe it is just me, or maybe that it has just become that way, but to me it is getting a bit old trying to prove the bears, like me, wrong. I am not saying I will always be right, and I am humble enough to come back and admit I am wrong. However, it has been said that I have been condescending lately, and it really bugs me that I have come across this way, and the only reason I can think of as to why, is I have felt as if people have been condescending to me. It's like a natural reaction, and not something I am proud of. I know that if I felt respected, I wouldn't respond in a disrespectful way. And, really has my track record proved that my predictions of the market have been wrong? I'm sorry, but I do not see it getting any better, and if you want to believe that, then great I respect that, as I would expect the same respect in return.
I don't care about timing the bottom of the market, and I encourage anyone to buy the home of their dreams at a payment they can afford to live life comfortably. But, please be real, and realize that the value will most likely continue to go down. I do think it will get a lot worse, and I don't see what harm there is in waiting just a bit longer to see if does. If history tells us anything, then we will see many dead cat bounces along the way. If there was job growth in anything other than healthcare, then I might not be so pessimistic. I don't care who you are, but being upside down on the home that I or you live in would be a really crappy feeling. I can't imagine it, and I certainly do not wish that upon anyone.
Lastly, I have watched the layoffs of some very good people in the RE industry. These are not the type of people, who were the hacks that have already been flushed from the system, but hard working, educated, and caring people. I just got word, that two of my really good friends are on the chopping block. Both have survived numerous layoffs over the last two years, and layoffs that have amounted to a reduction of over 75% from the peak. These are two people that the company has done everything to keep, and now they have no choice but to let them go. So, in a way, I am bitter about this. If the Kool-Aid wasn't flowing like the false appreciation, then maybe we wouldn't be here right now. This sucks, not only because they are my friends, but multiple that by how many other builders have offices here, and you can see how this will hurt the economy and the housing market. I think failing to recognize this fact, really hurts, not only me, but all who live and want to buy in OC.
Plus, I really hate the fact that we are in a recession. I never, ever, wanted this to happen, even as doom and gloomy as I can sound, this is something I wish could have been avoided. I think if people had respected the opinions of myself, IR, Dr. Housingbubble, HB Bear, OC renter, oc_fliptrack, and hell... even Keith at HP, over two years ago, then this could have been prevented. All the while we were being called chicken little pollyanna's, now it shows we were right, and it sucks for everyone. I know of many small, non-RE, businesses suffering because of it.
So... anyway, I have assembled an all female graph rant prevention team. Hopefully the team can keep up with this crazy challenge, and this will be my last crazy rant for a while, and maybe even longer. I will continue to post, but the rants should be rare. If I do rant, then it will be a consensus approved rant, and that will mean you deserve it. So, if you get one it means you hit a 10 on several asshat meters, not just mine. And, that is not a good thing. Again, I apologize for my unnecessary bitterness, I hope I, and we can all move on, and have some fun and great new posts.
First, and I have said this before, but the topics are starting to become redundant here. Maybe it is just me, or maybe that it has just become that way, but to me it is getting a bit old trying to prove the bears, like me, wrong. I am not saying I will always be right, and I am humble enough to come back and admit I am wrong. However, it has been said that I have been condescending lately, and it really bugs me that I have come across this way, and the only reason I can think of as to why, is I have felt as if people have been condescending to me. It's like a natural reaction, and not something I am proud of. I know that if I felt respected, I wouldn't respond in a disrespectful way. And, really has my track record proved that my predictions of the market have been wrong? I'm sorry, but I do not see it getting any better, and if you want to believe that, then great I respect that, as I would expect the same respect in return.
I don't care about timing the bottom of the market, and I encourage anyone to buy the home of their dreams at a payment they can afford to live life comfortably. But, please be real, and realize that the value will most likely continue to go down. I do think it will get a lot worse, and I don't see what harm there is in waiting just a bit longer to see if does. If history tells us anything, then we will see many dead cat bounces along the way. If there was job growth in anything other than healthcare, then I might not be so pessimistic. I don't care who you are, but being upside down on the home that I or you live in would be a really crappy feeling. I can't imagine it, and I certainly do not wish that upon anyone.
Lastly, I have watched the layoffs of some very good people in the RE industry. These are not the type of people, who were the hacks that have already been flushed from the system, but hard working, educated, and caring people. I just got word, that two of my really good friends are on the chopping block. Both have survived numerous layoffs over the last two years, and layoffs that have amounted to a reduction of over 75% from the peak. These are two people that the company has done everything to keep, and now they have no choice but to let them go. So, in a way, I am bitter about this. If the Kool-Aid wasn't flowing like the false appreciation, then maybe we wouldn't be here right now. This sucks, not only because they are my friends, but multiple that by how many other builders have offices here, and you can see how this will hurt the economy and the housing market. I think failing to recognize this fact, really hurts, not only me, but all who live and want to buy in OC.
Plus, I really hate the fact that we are in a recession. I never, ever, wanted this to happen, even as doom and gloomy as I can sound, this is something I wish could have been avoided. I think if people had respected the opinions of myself, IR, Dr. Housingbubble, HB Bear, OC renter, oc_fliptrack, and hell... even Keith at HP, over two years ago, then this could have been prevented. All the while we were being called chicken little pollyanna's, now it shows we were right, and it sucks for everyone. I know of many small, non-RE, businesses suffering because of it.
So... anyway, I have assembled an all female graph rant prevention team. Hopefully the team can keep up with this crazy challenge, and this will be my last crazy rant for a while, and maybe even longer. I will continue to post, but the rants should be rare. If I do rant, then it will be a consensus approved rant, and that will mean you deserve it. So, if you get one it means you hit a 10 on several asshat meters, not just mine. And, that is not a good thing. Again, I apologize for my unnecessary bitterness, I hope I, and we can all move on, and have some fun and great new posts.