Quote:
Originally Posted by The Yen Man
I apologize if I've misread the intent of your posts Chemgear, but when I read your posts, it feels like you're almost downright giddy at any potential market crash. It does come across (at least when I read it) like you're just waiting in happy anticipation for housing prices to implode. Everytime I see this thread bumped and see that you're the last person to bump it, I'm thinking "oh boy, I bet Chemgears found some more negative news about the market that he's happily sharing with everyone with all his emoticons".
Logicially, I just can't see why you'd be happy with a market crash if you own properties. That's a pretty big price to pay just to get the satisfaction of telling people "I told you so!".
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Nono Yen Man, please don’t worry about apologizing – I am sure my posts might be interpreted as such. Thanks for your post. So if anything, I can apologize if it sounds like I’m dancing in the streets and p33ing all over people’s homes.
Like I said, I’m looking to perhaps buy a larger place so a lower price point would help me for sure. And when I see something interesting on this topic, I do try to link it here for discussion. I try not to slant (or cherry pick) things as I hope the numbers are simply what they are – and I try to gather my opinion based on that. No going to lie though, I do have a hard time finding legitimate bull articles. I do miss stuff and I like this thread because others point out different things (like the prospect of hitting peak inventory this year which I had not considered at all.) But at the end of the day, it’s just my opinion and I can be just as easily wrong as I can be right.
I don’t think the market will crash outright but even if I did, I’m really not sure why it would matter. It’s just my/your/our opinion and we don’t actually have control of the market. What does it matter if I think the market will go up/down/sideways/purple giraffes? Even if I wanted, I don’t have access to a magical switch to crash it into the ground. I have no control over what happens – I’m just trying to do the analysis with what information I can find. Maybe people think I’m a moron for my opinion but let me know what I might be missing - that’s more beneficial to the discussion than name calling (don’t mean you Yenman.)
Again, I don’t necessarily mean for my posts to be “giddy” or for people to take them personally. Given my circumstances, it would certainly be beneficial so perhaps I am positive about that. I know housing can be a touchy subject as people often take it as a personal affront if you think prices might come down – as if you were p33ing on their specific home for some reason. Would people feel better about posts saying “housing will double next month!!” that are not backed by any logical information at all? I don’t think feelings/personal attacks should factor into the analysis at all.
And by the same token, I certainly do apologize if I ever direct anything personally negative to anyone in this discussion, as that defeats the point of the ongoing thread discussion. However, if people are upset that I have a different opinion, then I don’t know what to do other than ask for some guidance to show me where your analysis springs from. It’s not a matter of being right or wrong - I’d hope that I would be mature enough to educate myself more with an open mind.
(And I do like emoticons – they remind me that this is a forum of normal people and anything here isn’t/shouldn’t be life or death or taken overly personally.)
