Monday, June 29, 2015

I'm Bringing Housing Panic Back!


10 years ago a guy named Keith started a blog called HousingPANIC that helped many like myself through Housing Bubble 1.0.  As he seems retired from blogging I'm hoping to carry his mantle proudly and give the rational a place to discuss and vent our frustrations over the serially bubblized world economy and how dangerously unpredictable it makes what is most peoples largest fixed cost, housing.  While everyone around you is losing their heads HP'ers now...

Stay calm.  Don't panic.  Short the market.

15 comments:

  1. Your comments on Dr. Housing Bubble are my favorite. So glad you started your own. Bookmarked!

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    1. Thanks bro! You should also check out the original Housing Panic blog here:housingpanic.blogspot.com Great history of Housing Bubble 1.0 from The end of 2006 through the crash. You'll likely gain a lot of insight. I should have my first real post up in a day or so...

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    2. Will check it out.

      You have plenty of original thoughts for your own site...looking forward to it.

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  2. NZ, good to see you taking this on, this subject needs more questioning voices publishing! Looking forward to your commentary and debate.

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  3. Well done NZ. Looking forward to reading.

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  4. Thank You for 2.0 NZ, after reading you on DHB your the one to do this. Back in bubble 1.0 forwarding my entire Title Company the link to HP got me fired for spreading propoganda. I cashed out basically to the friends of those canned me, 4 months later the doors shut due to the collapse. Agents/brokers still avoid me. Can't wait to promote 2.0

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  5. What's your take on the site? Saying its a good time to buy!

    ochousingnews.com

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    1. I wouldn't think buying in 2015 is a good idea anywhere, if only because you have to see what the FED does. Whether they raise or not in September is going to have a serious effect on market psychology. As for the OC, I'm curious what Chinese money will/be-able to do in light of the carnage in their equity markets. It could spur an increase in Chinese buying in prime OC, or it could mean a retreat. If memeory serves I've read
      ochousingnews.com a few times and they always seemed light on macro analysis, much like most RE industry insider type sites. In other words it's a good time to buy right up until it's incredibly obvious it isn't. When prices flatlined and then fell a few % in 2007 many jumped in thinking that they were taking advantage of a short lull in the market. That didn't work out so well for them...

      Working on my next post now... Thanks for hanging around! Hopefully we can make this site a really fun forum for everyone!

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  6. Thank You for 2.0 NZ, after reading you on DHB your the one to do this. Back in bubble 1.0 forwarding my entire Title Company the link to HP got me fired for spreading propoganda.
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