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Are You Missing the Real Estate Boom?: The Boom Will Not Bust and Why Property Values Will Continue to Climb Through the End of the Decade - And How to Profit From Them

Started by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
By David Lereah, chief economist of the National Association of Realtors. Buy it here: http://www.amazon.com/Are-Missing-Real-Estate-Boom/dp/0385514344/ref=sr_1_4?ie=UTF8&s=books&qid=1214338756&sr=8-4 Make sure you get it autographed. Now then, just as I dedicated another thread to all negative stories about Manhattan real estate, I'm dedicating this one to all POSITIVE stories whose... [more]
Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

By the way, New Rule: the only economists who can be quoted are ones employed or formerly employed by the National Association of Realtors. No one else is allowed.

You are free to quote sources from:

1. WaMu
2. Countrywide
3. Angelo Mozilla
4. Wachovia

Jamie Dimon is prohibited.

Thanks.

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008
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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Positive news about the Manhattan market:

http://www.dottieherman.com/

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Response by Jerkstore
over 17 years ago
Posts: 474
Member since: Feb 2007

Lawrence Yun may be eclipsing Lereah already in terms of sheer verbal acrobatics.

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Lawrence Yun: New York will defy gravity

Read all about it on Lawrence Yun Watch:

http://lawrenceyunwatch.blogspot.com/

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Response by Sizzlack
over 17 years ago
Posts: 782
Member since: Apr 2008

no shit...I had no idea Angelo Mozilo created Mozilla's Firefox...go figure.

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

There really is a dottieherman.com! Now I have lived!

BTW I saw her on Kudlow a few months back, and I don't know where she bought that airbrush, but I want a couple of them.

Is there a friendsofangelo.com?

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

Told you I need an editor. Sizzlack, you're hired!

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Don't forget about Dottie Herman's arch-rival, Barbara Corcoran:

http://www.barbaracorcoran.com/

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Response by Sizzlack
over 17 years ago
Posts: 782
Member since: Apr 2008

I like to refer to Angelo Mozilo as 'The Tan Man'.

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

I can hear the hissing already. Through in Diane Rodriguez and a couple of frozen margaritas, and you'll have one hell of a night of entertainment.

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Response by Sizzlack
over 17 years ago
Posts: 782
Member since: Apr 2008
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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

"Through" = "throw"

See sizzlack, you have your work cut out for you!

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Angelo Mozilo Arrest Watch:

www.housingpanic.com

Seriously, great blog where the author rips Mozilo to shreds on a aily basis.

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008
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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

http://lawrenceyunwatch.blogspot.com/

Yun predicts Miami will have a gain of from 10% to 50%.

Using the same scale, that's like saying there will be and 10 inches and 4.2 feet of snow.

Very accurate. Inspires confidence. Sort of like JuiceMan complaining about Yankee tickets going up by the same factor as Manhattan real estate over the same period of time, without realizing what he had done, then saying that he's still willing to pay the price.

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Renters are angry:

www.angryrenter.com

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

Dick Armey is behind angryrenter.com. He knows we're just pissing our money away.

"Neil Cavuto Says Angry Renter.com is 'a very good site' on Fox."

Besides the dangling "on Fox" business, Neil is slightly to the right of Mussolini.

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Response by Sizzlack
over 17 years ago
Posts: 782
Member since: Apr 2008

Speaking of the Tan Man Mozilo...the Illinois AG is suing Countrywide

http://dailybriefing.blogs.fortune.cnn.com/2008/06/25/bofas-countrywide-tax-break/

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

When I started the special thread where only bad news about Manhattan real estate could be posted, I got tons of posts. Nobody wants to post here to say how swimmingly things are going. Maybe we can send an email to Dottie Herman or Diane Rodriguez or even Angelo himself, see if they might join the party we're having because real estate in Manhattan never falls in value.

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

Donald Trump was on Larry King Live last night, constantly saying that now is a good time to buy.

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

For real?

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Response by manhattanguy
over 17 years ago
Posts: 152
Member since: Mar 2008

This reminds me of the Dow 30000 call made by some dumb idiot back during the dot com mania. When people start writing books pumping the already hyped up bubble, that's when you know you want to short the heck out of it.

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Response by manhattanguy
over 17 years ago
Posts: 152
Member since: Mar 2008
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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

"Dow, 30,000 by 2008"

Well we still have over 6 months to go!

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