Sean in CA's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/259967/comments http://seekingalpha.com/article/173063-china-housing-market-it-s-2005-all-over-again?source=feed#comment-760150 760150 Sat, 14 Nov 2009 10:22:06 -0500 http://seekingalpha.com/article/167580-housing-starts-flatline?source=feed#comment-728589 728589

On Oct 21 09:34 AM Living4Dividends wrote:

> "Somehow, just throwing money at the bursting housing bubble doesn't
> seem to be fixing it."
>
> Yet, the Government continues to do just that.
>
> Housing prices have been declining and their is clearly and excess
> supply of existing homes. Yet, through the FHA and oddly enough USDA
> (yes, US Dept of Agriculture), the Fed Govt continues to support
> new housing starts. This makes no sense.
>
> I say the Government recognize that the nation doesn't need to build
> any more new homes until demand catches up with supply. Remove all
> Govt subsidies (FHA and USDA cheap loans) to home builders. If someone
> wants to buy a NEW home, they will have to obtain their own private
> financing.
>
> The Govt should still maintain their subsidies for existing homes.
>
>
> This policy will encourage the purchase of existing homes.]]> Sat, 24 Oct 2009 15:52:23 -0400

On Oct 21 09:34 AM Living4Dividends wrote:

> "Somehow, just throwing money at the bursting housing bubble doesn't
> seem to be fixing it."
>
> Yet, the Government continues to do just that.
>
> Housing prices have been declining and their is clearly and excess
> supply of existing homes. Yet, through the FHA and oddly enough USDA
> (yes, US Dept of Agriculture), the Fed Govt continues to support
> new housing starts. This makes no sense.
>
> I say the Government recognize that the nation doesn't need to build
> any more new homes until demand catches up with supply. Remove all
> Govt subsidies (FHA and USDA cheap loans) to home builders. If someone
> wants to buy a NEW home, they will have to obtain their own private
> financing.
>
> The Govt should still maintain their subsidies for existing homes.
>
>
> This policy will encourage the purchase of existing homes.]]> http://seekingalpha.com/article/144741-sacramento-property-market-on-the-rise?source=feed#comment-559868 559868 Tue, 23 Jun 2009 22:29:33 -0400 http://seekingalpha.com/article/144195-southern-california-home-prices-rise-beware-of-misleading-medians?source=feed#comment-554924 554924

On Jun 19 10:57 AM nathanredondo wrote:

> Ah yes....The "rising home prices in Southern California" headlines
> that are now on the cover of every newspaper down here! I suppose
> every falling market needs a dead cat bounce!
>
> "As more sellers get realistic, more buyers get off the fence and
> more lenders offer reasonable terms for high-end purchase financing,
> we’ll see a more normal share of sales in the more established, higher-cost
> areas that have been nearly comatose."
>
> Ha- tell this to the idiots who built the poorly constructed 6 to
> a lot McMansion townhomes right next to us and are still trying to
> unload the at 2 million. This will bode really well after Barry and
> Nancy's lending scheme drives interest rates on a Jumbo to 9%...
>
> As someone who lives in an affluent zip code in southern california
> and has gotten to watch the real estate market flow with the speed
> of continental drift the last couple years, I can assure you, things
> are only going to get worst.]]> Sat, 20 Jun 2009 01:32:01 -0400

On Jun 19 10:57 AM nathanredondo wrote:

> Ah yes....The "rising home prices in Southern California" headlines
> that are now on the cover of every newspaper down here! I suppose
> every falling market needs a dead cat bounce!
>
> "As more sellers get realistic, more buyers get off the fence and
> more lenders offer reasonable terms for high-end purchase financing,
> we’ll see a more normal share of sales in the more established, higher-cost
> areas that have been nearly comatose."
>
> Ha- tell this to the idiots who built the poorly constructed 6 to
> a lot McMansion townhomes right next to us and are still trying to
> unload the at 2 million. This will bode really well after Barry and
> Nancy's lending scheme drives interest rates on a Jumbo to 9%...
>
> As someone who lives in an affluent zip code in southern california
> and has gotten to watch the real estate market flow with the speed
> of continental drift the last couple years, I can assure you, things
> are only going to get worst.]]> http://seekingalpha.com/article/142915-when-will-housing-prices-return-to-previous-highs?source=feed#comment-544998 544998
numbersusa.com


On Jun 12 11:07 PM OptimizedPrime wrote:

> @mlonz -- Great idea (most immigrants would spend $50k or more to
> come here and not even want a house in return), but most anti-immigrant
> sentiment is not economically motivated. Most of it is plain old-fashioned
> racism. The US seems go through anti-immigrant waves about once every
> 30 years or so. It started with those DAMN IRISH about 100+ years
> ago...
>
>
> OP]]> Sat, 13 Jun 2009 08:31:23 -0400
numbersusa.com


On Jun 12 11:07 PM OptimizedPrime wrote:

> @mlonz -- Great idea (most immigrants would spend $50k or more to
> come here and not even want a house in return), but most anti-immigrant
> sentiment is not economically motivated. Most of it is plain old-fashioned
> racism. The US seems go through anti-immigrant waves about once every
> 30 years or so. It started with those DAMN IRISH about 100+ years
> ago...
>
>
> OP]]> http://seekingalpha.com/article/142448-housing-is-not-recovering-surprise-surprise?source=feed#comment-543054 543054 Thu, 11 Jun 2009 19:29:36 -0400 http://seekingalpha.com/article/141778-behavioral-thoughts-on-home-buying?source=feed#comment-535782 535782 Sun, 07 Jun 2009 12:23:48 -0400 http://seekingalpha.com/article/141434-time-to-buy-real-estate-in-california?source=feed#comment-534200 534200 Fri, 05 Jun 2009 18:59:30 -0400 http://seekingalpha.com/article/139970-housing-skip-the-spin-read-the-data?source=feed#comment-520968 520968

On May 28 01:10 AM sickofthehype wrote:

> With the declines in prices and a 5% loan, or even a 6% loan, if
> you can't hack the payment you shouldn't be buying in the first place.
>
>
> Secondly - this year is UNREAL compared to last year. What rust
> belt city are you in?
>
> Third - volumes are UNREAL in many cities. What planet are you on?
>
>
> Finally, of course averages are down. It's the free market at work.
> And it's working in many places right now.
>
> Speaking of affordability, what do you think inflation will do to
> future rents for all of those renting vs buying? Rents will NOT
> be dropping.]]> Thu, 28 May 2009 09:04:36 -0400

On May 28 01:10 AM sickofthehype wrote:

> With the declines in prices and a 5% loan, or even a 6% loan, if
> you can't hack the payment you shouldn't be buying in the first place.
>
>
> Secondly - this year is UNREAL compared to last year. What rust
> belt city are you in?
>
> Third - volumes are UNREAL in many cities. What planet are you on?
>
>
> Finally, of course averages are down. It's the free market at work.
> And it's working in many places right now.
>
> Speaking of affordability, what do you think inflation will do to
> future rents for all of those renting vs buying? Rents will NOT
> be dropping.]]> http://seekingalpha.com/article/139546-housing-we-re-about-to-have-a-big-problem?source=feed#comment-518809 518809

On May 26 09:13 AM Tim Plaehn wrote:

> As most of the country and especially commenters on this site are
> married to the paradigm that home prices will continue to fall. What
> if prices start to increase? How will the mindset of buyers, homeowners,
> construction companies change? Will someone with good credit walk
> away from his home if he starts to see the value increasing? Will
> homebuilders start to add jobs if they can sell more homes? Will
> real estate and economic "experts" be proven wrong once again? With
> Uncle Sam and the state of California giving buyers up to $18,000
> to buy a home will sellers start to realize they can hold out for
> more money?
> Think about how things would change if prices started to increase.
> I have already seen bumps in median prices in diverse locations such
> as San Diego, Sacramento and on this site today, Northern Virginia.]]> Tue, 26 May 2009 19:33:52 -0400

On May 26 09:13 AM Tim Plaehn wrote:

> As most of the country and especially commenters on this site are
> married to the paradigm that home prices will continue to fall. What
> if prices start to increase? How will the mindset of buyers, homeowners,
> construction companies change? Will someone with good credit walk
> away from his home if he starts to see the value increasing? Will
> homebuilders start to add jobs if they can sell more homes? Will
> real estate and economic "experts" be proven wrong once again? With
> Uncle Sam and the state of California giving buyers up to $18,000
> to buy a home will sellers start to realize they can hold out for
> more money?
> Think about how things would change if prices started to increase.
> I have already seen bumps in median prices in diverse locations such
> as San Diego, Sacramento and on this site today, Northern Virginia.]]> http://seekingalpha.com/article/139445-faux-demand-for-foreclosed-homes?source=feed#comment-518797 518797

On May 25 10:53 AM Buckoux wrote:

> Wall St. is not alone in the sub-prime crime. The dispersed American
> version of "Fleet Street" is just as guilty of cooking the numbers
> for their own profits. The Los Angeles Times, in the heyday of the
> real estate bubble, had thick and separate sections on "Real Estate"
> and "Business". The ad revenue must have been glorious. Now, the
> two sections are combined and the classifieds are four times thicker.
> "Bubbles" need a willing messenger to carry the bubble mania to the
> masses and for this the nations print and electronic media were more
> than willing to do. Banks aren't the only whores responsible for
> the spread or our current economic disease. The newspapers now have
> the economic clap, and they didn't get it from the Internet.]]> Tue, 26 May 2009 19:22:23 -0400

On May 25 10:53 AM Buckoux wrote:

> Wall St. is not alone in the sub-prime crime. The dispersed American
> version of "Fleet Street" is just as guilty of cooking the numbers
> for their own profits. The Los Angeles Times, in the heyday of the
> real estate bubble, had thick and separate sections on "Real Estate"
> and "Business". The ad revenue must have been glorious. Now, the
> two sections are combined and the classifieds are four times thicker.
> "Bubbles" need a willing messenger to carry the bubble mania to the
> masses and for this the nations print and electronic media were more
> than willing to do. Banks aren't the only whores responsible for
> the spread or our current economic disease. The newspapers now have
> the economic clap, and they didn't get it from the Internet.]]> http://seekingalpha.com/article/138838-john-paulson-time-to-get-back-into-real-estate?source=feed#comment-512617 512617

On May 21 06:17 AM capitalisthero.com wrote:

> Yes it is time to get into real estate buy purchasing a home with
> a low fixed 30 year mortgage. This is potentially a great hedge
> once double digit inflation hits.
>
> I crunch the numbers and explain more in my article.
> capitalisthero.com/Hed...]]> Thu, 21 May 2009 09:01:50 -0400

On May 21 06:17 AM capitalisthero.com wrote:

> Yes it is time to get into real estate buy purchasing a home with
> a low fixed 30 year mortgage. This is potentially a great hedge
> once double digit inflation hits.
>
> I crunch the numbers and explain more in my article.
> capitalisthero.com/Hed...]]> http://seekingalpha.com/article/138404-a-quasi-boom-in-the-phoenix-housing-market?source=feed#comment-510742 510742

On May 19 05:39 AM Kirill wrote:

> Good, thank God we are seeing signs of rebound!]]> Wed, 20 May 2009 01:28:06 -0400

On May 19 05:39 AM Kirill wrote:

> Good, thank God we are seeing signs of rebound!]]> http://seekingalpha.com/article/138036-phoenix-housing-inventory-down?source=feed#comment-507195 507195 Sun, 17 May 2009 11:25:16 -0400 http://seekingalpha.com/article/138057-housing-outlook-real-estate-reality?source=feed#comment-507180 507180
*excluding S.F. Bay Area, NYC Metro and Shawnee, Oklahoma. ]]> Sun, 17 May 2009 11:16:24 -0400
*excluding S.F. Bay Area, NYC Metro and Shawnee, Oklahoma. ]]> http://seekingalpha.com/article/138041-real-estate-values-the-real-truth?source=feed#comment-507173 507173 Sun, 17 May 2009 11:11:51 -0400 http://seekingalpha.com/article/137676-suburban-housing-markets-are-unsustainable-part-2?source=feed#comment-506192 506192

On May 16 12:34 AM mwfall wrote:

> And don't forget the union clowns!]]> Sat, 16 May 2009 01:25:08 -0400

On May 16 12:34 AM mwfall wrote:

> And don't forget the union clowns!]]> http://seekingalpha.com/article/124486-markets-are-working-ca-home-sales-increase-100-as-home-prices-fall?source=feed#comment-416798 416798

On Mar 06 10:48 AM romorris wrote:

> The house CA people buy are a lot cheaper. They are buying the crappy
> houses [at foreclosure half the time]. It's not the prices of houses
> that has decreased so much, as the quality of the houses bought.
>
>
> Prices will appear to go down when the people bottom fish. In actuality,
> prices have not fallen all that terribly much at all for any given
> house. Prices of houses sold down 40% - I'll buy it. Price of houses
> in general - down maybe 20% tops.
> ]]> Fri, 06 Mar 2009 20:41:31 -0500

On Mar 06 10:48 AM romorris wrote:

> The house CA people buy are a lot cheaper. They are buying the crappy
> houses [at foreclosure half the time]. It's not the prices of houses
> that has decreased so much, as the quality of the houses bought.
>
>
> Prices will appear to go down when the people bottom fish. In actuality,
> prices have not fallen all that terribly much at all for any given
> house. Prices of houses sold down 40% - I'll buy it. Price of houses
> in general - down maybe 20% tops.
> ]]> http://seekingalpha.com/article/122029-housing-bubble-the-sequel?source=feed#comment-399649 399649 Mon, 23 Feb 2009 08:02:06 -0500 http://seekingalpha.com/article/119580-can-we-expect-a-springtime-bounce-in-housing-prices?source=feed#comment-382031 382031 Tue, 10 Feb 2009 08:07:20 -0500 http://seekingalpha.com/article/119308-radical-solution-to-housing-mess?source=feed#comment-381154 381154

On Feb 09 05:33 AM The hand wrote:

> sorry, i don't see how this creates buyers. the problem is not foreclosures
> - there is not enough buyers who are willing to pay todays prices.
> foreclosures are happening because people cannot sell.
> ]]> Mon, 09 Feb 2009 12:09:47 -0500

On Feb 09 05:33 AM The hand wrote:

> sorry, i don't see how this creates buyers. the problem is not foreclosures
> - there is not enough buyers who are willing to pay todays prices.
> foreclosures are happening because people cannot sell.
> ]]> http://seekingalpha.com/article/117756-the-hopefully-not-so-great-next-depression?source=feed#comment-372477 372477

On Feb 01 09:24 AM Ferdinand E. Banks wrote:

> Interesting and informative, except for the use of the word "depression".
>
> There isn't going to be any depression. I tell people that I am the
> leading academic energy economist in the world, which I probably
> am, but I once taught a lot of macro too. I quit teaching it though
> because I thought that most of it was useless - useless and pretentious
> - but even so I think that I learned enough to know that if the high
> and mighty keep their wits about them, they can get us out of this
> thing.
>
> Keeping their wits about them begins with getting out of Irak and
> Afghanistan. Wasn't it enough to win both of those wars? What's the
> point in continuing to fight a war that was won. Where's the payoff?
>
>
> Of course I recognize that for many people in this forum, a failure
> by Obama is wish fulfillment. After all, if he and his team turn
> the economy around in a couple of years, the democrats might be looking
> at 16 years in the White House. Anybody want to tell me the odds
> on a turnaround?]]> Sun, 01 Feb 2009 10:39:21 -0500

On Feb 01 09:24 AM Ferdinand E. Banks wrote:

> Interesting and informative, except for the use of the word "depression".
>
> There isn't going to be any depression. I tell people that I am the
> leading academic energy economist in the world, which I probably
> am, but I once taught a lot of macro too. I quit teaching it though
> because I thought that most of it was useless - useless and pretentious
> - but even so I think that I learned enough to know that if the high
> and mighty keep their wits about them, they can get us out of this
> thing.
>
> Keeping their wits about them begins with getting out of Irak and
> Afghanistan. Wasn't it enough to win both of those wars? What's the
> point in continuing to fight a war that was won. Where's the payoff?
>
>
> Of course I recognize that for many people in this forum, a failure
> by Obama is wish fulfillment. After all, if he and his team turn
> the economy around in a couple of years, the democrats might be looking
> at 16 years in the White House. Anybody want to tell me the odds
> on a turnaround?]]> http://seekingalpha.com/article/117756-the-hopefully-not-so-great-next-depression?source=feed#comment-372473 372473 Sun, 01 Feb 2009 10:35:34 -0500 http://seekingalpha.com/article/116304-why-clearwire-needs-los-angeles-or-new-york-by-2011?source=feed#comment-365551 365551 Sun, 25 Jan 2009 11:04:17 -0500 http://seekingalpha.com/article/116280-do-peaks-in-weekly-unemployment-numbers-mean-a-recession-is-ending?source=feed#comment-365541 365541 Sun, 25 Jan 2009 10:54:21 -0500 http://seekingalpha.com/article/114169-why-the-stimulus-plan-won-t-work?source=feed#comment-352318 352318

On Jan 11 09:50 AM bosun.j wrote:

> He wasn't a war hero. He was an actor. He was the second worst president
> in American history.]]> Sun, 11 Jan 2009 10:35:17 -0500

On Jan 11 09:50 AM bosun.j wrote:

> He wasn't a war hero. He was an actor. He was the second worst president
> in American history.]]> http://seekingalpha.com/article/112185-the-great-american-ponzi-scheme-part-i?source=feed#comment-337627 337627 Locally, the Modesto Bee, which thanks to ad revenue is firmly in the pocket of the local real estate kingpins, would print article after article on rising home prices and how people didn't need to leave their homes and earn 60k a year just pulling out equity. This happened throughout the beginning of the boom years and until the bust was too big to smear propaganda over. Every so often, usually before more dismal housing stats are officially released, The Bee will run a puff-piece saying how "now is the time to buy". Don't even get me started on those house flipping "reality" shows on TV. The financial sector is responsible for this massive fraud, but the news media is responsible for putting it on our kitchen table, and bringing it into our living rooms. ]]> Wed, 24 Dec 2008 12:29:42 -0500 Locally, the Modesto Bee, which thanks to ad revenue is firmly in the pocket of the local real estate kingpins, would print article after article on rising home prices and how people didn't need to leave their homes and earn 60k a year just pulling out equity. This happened throughout the beginning of the boom years and until the bust was too big to smear propaganda over. Every so often, usually before more dismal housing stats are officially released, The Bee will run a puff-piece saying how "now is the time to buy". Don't even get me started on those house flipping "reality" shows on TV. The financial sector is responsible for this massive fraud, but the news media is responsible for putting it on our kitchen table, and bringing it into our living rooms. ]]> http://seekingalpha.com/article/94998-the-sirius-xm-disaster-the-ashes-of-the-fcc?source=feed#comment-335066 335066


BUMP!]]> Sun, 21 Dec 2008 12:46:39 -0500


BUMP!]]> http://seekingalpha.com/article/94998-the-sirius-xm-disaster-the-ashes-of-the-fcc?source=feed#comment-335064 335064

On Sep 11 10:13 AM *Newman* wrote:

> Sean, you do realize that about 750 million of the 1 billion that
> Sirius now has to refinance came from XM right?
>
> If the FCC had made a decision within it's 180 day time clock like
> it was supposed to, this would not be an issue. 180 days are up,
> we have not collected enough information to approve the merger, so
> we will deny it. Applicant's can refile with more information. Done.
> Both companies would be thriving right now, and the stock price would
> not be where it is today.
>
> The government screwed the pooch on this one. Good article Gino.]]> Sun, 21 Dec 2008 12:45:08 -0500

On Sep 11 10:13 AM *Newman* wrote:

> Sean, you do realize that about 750 million of the 1 billion that
> Sirius now has to refinance came from XM right?
>
> If the FCC had made a decision within it's 180 day time clock like
> it was supposed to, this would not be an issue. 180 days are up,
> we have not collected enough information to approve the merger, so
> we will deny it. Applicant's can refile with more information. Done.
> Both companies would be thriving right now, and the stock price would
> not be where it is today.
>
> The government screwed the pooch on this one. Good article Gino.]]> http://seekingalpha.com/article/111670-could-the-la-times-turn-off-its-presses?source=feed#comment-335060 335060 Sun, 21 Dec 2008 12:35:26 -0500