[quote author="momopi" date=1226650368]Hmmm... Trebuchet huh?
http://74.125.45.104/search?q=cache:LmsfVwlN8lQJ:lansner.freedomblogging.com/2007/11/07/tell-us-whos-the-most-motivated-seller/1575+trebuchet+irvine+housing+blog&hl=en&ct=clnk&cd=2&gl=us&client=firefox-a
<em># Arthur Jensen Says:
November 7th, 2007 at 8:20 am
Good Morning it is I the Trebuchet of Reason returned to hurl stones of rational thought against the Rampart of Antagonizism erected by the socialist mavens of housing malaize. I have obtained a video of the last meeting of the Irvine Housing Blog members. It may be viewed at:
http://www.reuters.com/news/video/videoStory?videoId=69143</em>
http://lansner.freedomblogging.com/2007/11/07/tell-us-whos-the-most-motivated-seller/1575/
<em># Arthur Jensen Says:
November 7th, 2007 at 10:24 am
jj,
I gave up relating articles and information to this site because it was met with such antagonisim and vitriol (driven by hate and fear)it proved to be a exercise in futility. If you have the inclination you could find articles that would support a turn in the first half of 2008. But I doubt you will. I can tell you that many large Hedge Funds and Equity Funds are buying distressed projects by the handful. They will be the winners when the market turns and they count on adverse news to keep markets supressed as they circle like vultures. When Wall Street is ready the news will begin to turn positive and the psycology wil change.</em>
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Hello Arthur Jensen, still bashing hedge funds? Can't seem to find a spell checker?</blockquote>
oooh, thanks momopi, now I get the hedge fund conspiracy. IHB is a hedge fund secretly buying up the properties, particularly those ultra super bargains found all over Irvine, but spreading false evil rumors about the foreclosures coming to keep the common folks from buying them. How did I not see that? Boy, I'm so glad we bought our house in May of this year, otherwise a hedge fund would have bought it and tried to sell it to us next year for drastically more. Arthur, do you think the hedge fund would buy it from us for what we paid Citi back in May? If so, we'll sell.