New to Streeteasy, why EddieWilson posts about non-real estate

What does this post have to do with real estate?

the count is now 32 and 45

Wow, you can't count either...

1 more in the non-real estate discussion bucket for EddieWilson

Bye, hypocrite troll...

[ignore button]

Wow Eddie, 32 posts in one evening without a fact from you.

Eddie is a bitter renter upset that the NYC real estate market is not crashing. He lashes out at everyone and tries to "rationalize" his bad situation by saying that everyone who owns is in bad shape. He actually is very pitiful.

But he is NOT our lovely stevejhx??

> Wow Eddie, 32 posts in one evening without a fact from you.

287 more and I can be you!

> Eddie is a bitter renter

Wow, you have to be an idiot to think its the renters who are bitter these days. Sorry, but its an absolute thrill to not be leveraged in a declining asset in the worst housing crisis since the depression. Look around, the most joyful bunch are guys like steve and dco, with top of market buyers like you resorting to following folks around and posting just insults.

> He lashes out at everyone and tries to "rationalize" his bad situation by saying
> that everyone who owns is in bad shape.

Lie. Everyone who owns is not in bad shape. Anyone who leveraged themselves to the hit to buy peak of market, though, is absolutely in bad shape. Record bankrupcties tell that story. Even worse is to be those in marginal areas.

And why would you call where I am a "bad situation"? I didn't make the huge mistake you did. And I'm in a position to take advantage of any declines, or wait it out paying a small fraction of carrying costs of buying. I'm psyched. Only you would claim that having *more* money is bad...

> He actually is very pitiful.

Yes, better I should be you.... leveraged to my eyeballs in a marginal neighborhood, locked in a mortgage I can't afford, shitting in my pants as the market goes down each month. If *that* is success, they enjoy! Thats all you, buddy!

I can relate to EW. I can't afford to own. I would love to buy a place of my own but the prices are to high for me. It upsets me that there are a lot of people with more money than me who bought a place in Manhattan over the past few years. Am I jealous, you bet I am. I don't wish for any harm on anyone but I wouldn't mind to see prices drop or crash. I am sure EW feels the same way I do. I just feel it's a waste of time posting doom and gloom crap all over the place. In the meantime I'll keep renting and hoping one of these day I can afford to buy.

and, you know, while I'm in the mood....

[ignore button] for you, too, LIC.

322 posts without even a GOOD insult, well, I'm sorta bored with you.

> I am sure EW feels the same way I do.

Speak for yourself, buddy.

I feel for you, and I wish you the best, but you don't know me...

Actually, here is why you were confused... LICC was the one who couldn't afford Manhattan, not me...

Houser, you relate to Eddie, but as Eddie just let you know, he doesn't relate to you, probably because as you said, you don't post enough doom and gloom.

ps - you also don't relate to Eddie because you don't wish people any harm. Eddie's attacked everyone tonight, from 3rd grader, to retard, to putz, to making fun of Asians ...

Let's review Eddie's false claims and assertions about me - I bought my first place in 1998, own my condo with a very small mortgage in one of the best up-and-coming areas in all of NYC.

Eddie doesn't own his place and rents in Brooklyn.

Enough said.

> one of the best up-and-coming areas in all of NYC.

You mean the spot in NYC voted most likely to get hit worst in the crash.

> Eddie doesn't own his place and rents

Which, to anyone with a brain bigger than lICs, would be a clear sign of intelligence in the middle of a MARKET CRASH.

> in Brooklyn.

In a neighborhood waaaaaaay more expensive than LICs, in a better apartment.

I love that he thinks saying "you aren't losing money as fast as I am" and "I live in a shitter place than you" are supposed to be digs.

Only to folks who speak Korean better than English, I guess...

> You mean the spot in NYC voted most likely to get hit worst in the crash.

Sorry, I forgot to qualify... on this board. LIC won that vote hands down.
And then the NYTimes did an article on all its problems... so I'm sure the rest of the city would probably follow that vote.

Wait, dude... did you buy in Citylights? It just hit me. There wasn't much else around in 98 except for that and the rental. Are you in one of those "pseudo-rentals" where you pay $25k but you basically still pay rent in maintenance?

Thanks for more of your nonsensical wishful thinking Eddie. You can make things up all you want, like some "vote" on this board, but everyone realizes you are full of crap. Smart people realize that LIC is a great place and a great investment.

Who ever said the first place I bought ten years ago was in LIC?

Lots of people against EddieWilson tonight.
Few, like houser, in his favor, until of course EddieWilson insults houser.

> Who ever said the first place I bought ten years ago was in LIC?

So you are in fact a peak of market buyer in LIC.... you almost tricked me on that one.
But you did in fact make the mistake we thought you did...

EW all I was saying is that it's frustrating that prices are still high for both of us. A downturn like a crash would allow us both to afford an apt. In addition we are probably jealous of those who have more than us. I think that is only natural. I am sure there are people who own an apt that can afford a significant downturn if one were to happen Eddie.
I also think it is healthy for one to vent their jealousy and frustration. You do it by your postings of doom and gloom. I have no problem with that. Most people on this board find it irritating but even more people on this board know that you are just venting your frustrations.

I agree houser. Eddie Wilson is a frustrated man. Poor guy.

Patterson--It's great that you've discovered Streeteasy. But why start out by throwing flames in your very first post? Seems a bit negatory, no?

> Patterson--It's great that you've discovered Streeteasy. But why start out by throwing flames in
> your very first post? Seems a bit negatory, no?

I think its possible its not his first post.... just his first under this alias (hint, hint).

> I agree houser. Eddie Wilson is a frustrated man. Poor guy.

Yes, awful frustrating to have been proven right, and on the correct side of a housing bust. Someday I hope to be "successful", which apparently is owning in a marginal neighborhood on its way to record price declines. Then I'll try for bankruptcy in several other investements. Only then will I be the true american success story, a Queens white box owner!

"Yes, awful frustrating to have been proven right, and on the correct side of a housing bust."

When exactly were you proven right?

Wait... let me get this straight... JuiceMan thinks we're *not* in a housing bust?

"When exactly were you proven right?"

In 2001. Been cheaper to rent since then (if not earlier), and he has been saving money ever since. And don't for get that back in 2001 it would have taken 125-175k for a downpayment on a very nice place. He has turned that money into many millions over the last 7 years by investing it elsewhere.

EW, you predicted the housing bust? Congratulations!!! What exactly did you predict about Manhattan and how have you been proven right?

Eddie proved to himself in his own mind that he is right. As he keeps paying increasing rent with no equity interest in his home, and as NYC real estate holds steady, he takes comfort that in his mind, he has been proven right.

Hmmm... a leveraged asset "holding steady" in an inflationary period.... yeah, sign me up for THAT. If only my other investments could be that good!

Not to mention the whole "holding steady" thing being, well, a lie. Keep sticking to it, I'm sure it will do you great...

> EW, you predicted the housing bust? Congratulations!!!

Thank you.

The other predictions are noted on the predictions thread.

I love how we're off the point again...

> LICComment: "Eddie Wilson is a frustrated man. Poor guy"

We're in a housing bust, the other boroughs are already toast, and the guy who bought in LIC because he couldn't afford manhattan (PC translation "more money for the space") is calling OTHERS frustrated?

We're talking about the hypocrite king, who tries to insult anyone who points out market issues to make himself feel better about his "investment".

LIC starts mud slinging, and then he calls OTHERS frustrated.

She doth protest too much...

"The other predictions are noted on the predictions thread."

So if they are predictions, how is it that you were proven right?

I can't make multiple predictions? Latest one is specific level of decline.

Was your prediction most the of the country will experience a housing bust, but Manhattan will hold on through the credit crisis with little to no impact and that only once Wall St. was impacted will prices in Manhattan flatten? Or was it slightly more generic? What exactly was the prediction that you are currently claiming to be correct on and when did you make these famous predictions?

No one missed you while you were gone the last couple days Eddie. You are rude to others, and when your mistakes are pointed out, you lash out like a petulant child. I'll repeat, you can try to justify your mistakes all you want, but stop taking your shortcomings out on others by trying to knock their successes.

> You are rude to others, and when your mistakes are pointed out, you lash out like a petulant child.

ROTFL.

Coming from the guy who managed 250 posts in a row with nothing but insults.

> I'll repeat, you can try to justify your mistakes all you want, but stop taking your shortcomings
> out on others by trying to knock their successes.

Hey, if you define "success" as owning a condo in a marginal area taking a big hit in a housing bust, enjoy your success...

And stop being a hypocrite already. I'm not the one following people around just to insult them. Seems like you are the one who has the shortcomings...

Hey Eddie,
Just wondering if you've considered shutting up?

It doesn't take much of a brain to figure out that you think real estate is going down, that now is not the right time to buy real estate, and that in recent periods you don't believe that it was sensible to have purchased real estate.

We get that. We also get that there is evidence to support your assertions, that there are problems in the economy and problems specific to NYC, all of which fits nicely with your side of the argument.

We understand.

But what most of us here don't understand is a few things:
1 - Why are you so angry
2 - Why are you obsessed with having the last word
3 - Why is it so important to continuously provide bad news
4 - Why you even care about other people's real estate decisions
5 - Why you have now become one of the most talked about topics of conversation on streeteasy, trumping even real estate itself?

Before you respond, strongly consider not responding.

Thanks

> 1 - Why are you so angry

Who said I'm angry. I'm loving the market these days...

If you notice, folks follow me around (like LIC) throwing around insults. An intelligent analysis would make it pretty clear its the folks who don't want the bad news that are now angry.

> 2 - Why are you obsessed with having the last word
If someone calls me out, I generally respond.

> 3 - Why is it so important to continuously provide bad news
Not sure what you mean by "important". If you noticed, pretty much *all* of the RE news these days is bad news... so thats what gets posted.

> 4 - Why you even care about other people's real estate decisions
Who said I do?

> 5 - Why you have now become one of the most talked about topics of conversation on streeteasy,
> trumping even real estate itself?

Probably because folks know I'm right...

Clearly my posts get read. Its either because folks want to see the data, or they want to try and trash it.

Better than than the folks like LICC whose posts don't get read...

yeah, apparently PattersonP, EddieWilson did not consider shutting up.

When Eddie tried pushing some data to support his claims, I and others exposed his mistakes and flaws. So now he doesn't try that anymore. He'll find a negative article to post, or just go on every thread and hurl insults around. That is how he tries to feel better for missing out and being a renter his whole life. Eddie, please try to not be so bitter that others are more successful than you.

No surprise there, LIC the pimple still following me around.

Dude, you given a fact since you gave your e-mail address to streeteasy? And he's talking about other folks not giving facts. And, hell, LYING. The guy has told more lies than my last broker.

> That is how he tries to feel better for missing out and being a renter his whole life
And he's stupid, too. Lying again, LIC?

> That is how he tries to feel better

Coming from the guy who tries to insult others to rationalize a bad investment decision. Man is THAT getting old.

Nice life, man, seriously... nice life...

> Eddie, please try to not be so bitter that others are more successful than you.

Yes, I DREAM of your success!

Some day I hope to move to a smaller apartment in a shitty neighborhood, and give most of my money away to charity, leaving just enough to put 10% down on a white box losing 1% in value a month (10% leveraged).

Yes, tell us HOW SUCCESSFUL YOU ARE, LIC.

Tell us, if you can tell others how much more successful YOU ARE, TELL US about your successes.

I can't wait!

> Eddie, please try to not be so bitter that others are more successful than you.

pretty, pretty please... tell us about your success. I want to know about your path to riches!

Clearly someone who has enough balls to anonymously post how successful he is, and how successul I am not should have SO MUCH to tell us!

EddieWilson
> 1 - Why are you so angry

Who said I'm angry. I'm loving the market these days...

I guess you are right EddieWilson, you definitely show no evidence of anger.

> I guess you are right EddieWilson, you definitely show no evidence of anger.

Yes, some day I hope to show the joy of folks like you and LIC who run around trying to insult people. Nothing says happy like THAT!

Eddie, seriously, are you drunk? You're starting to take on that shrill, drunk frat boy tone. Or maybe it's the aged queen tone.

<------

> Eddie, seriously, are you drunk? You're starting to take on that shrill, drunk frat boy tone. Or
> maybe it's the aged queen tone.

Your posts are 90% insult and 99% idiotic. And you topped yourself with you absolute retardation on the Trump post... even cartman called you a loser.

So, done with you...

[ignore button]

(and getting LICC's alter ego with that one, too)

Hell, ootin too... its a hat trick!

My two cents as an occasional reader, I wonder why EddieWilson or anyone for that matter (I know none of you) post about non-real estate here?

remember EddieWilson??!! P)

Yes Bil, we remember and EddieWilson is proven as 10022.

Thank you, Regions_America, for reviving this thread. Very interesting to see the different mindset on this board just 13 months ago.

"Eddie is a bitter renter upset that the NYC real estate market is not crashing. He lashes out at everyone and tries to "rationalize" his bad situation by saying that everyone who owns is in bad shape. He actually is very pitiful."

That one from LICC is pretty darn funny..... considering he's turned into Mr Bitter...

wow this thread is funny

LICC was talkin position as we say in trading
and that position 13 months later is way further up his ass as we also say in trading