Comments on: Creating a Central Foreclosure and Mortgage Database: The Urgent Need to Centralize Housing Data. http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/ How I Learned to Love Southern California and Forget the Housing Bubble Thu, 09 Feb 2012 06:16:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Peteyk http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/#comment-38548 Peteyk Fri, 14 Aug 2009 06:06:49 +0000 http://www.doctorhousingbubble.com/?p=2169#comment-38548 The NAR is a bunch of lying crooks run mainly by people who can't get a real job! The NAR is a bunch of lying crooks run mainly by people who can’t get a real job!

]]> By: darms http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/#comment-38539 darms Fri, 14 Aug 2009 01:14:52 +0000 http://www.doctorhousingbubble.com/?p=2169#comment-38539 Doc, Agree w/your thesis that there should be a single repository for this info but what bounced my jaw off the floor was your "10 largest donors to Washington D.C." chart. Will you please supply a source for that info? It's not that I'm disputing it, it's that I really want to see & research this data as it's stunning that 6/10 supposedly represent workers. If true it shows some amazing reality. Doc,
Agree w/your thesis that there should be a single repository for this info but what bounced my jaw off the floor was your “10 largest donors to Washington D.C.” chart. Will you please supply a source for that info? It’s not that I’m disputing it, it’s that I really want to see & research this data as it’s stunning that 6/10 supposedly represent workers. If true it shows some amazing reality.

]]> By: Sabin Figaro http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/#comment-38527 Sabin Figaro Thu, 13 Aug 2009 17:21:33 +0000 http://www.doctorhousingbubble.com/?p=2169#comment-38527 Sorry Al, Maybe I was thinking about Barney Frank...they both have equivalent plans for solving this mess. Sorry Al,
Maybe I was thinking about Barney Frank…they both have equivalent plans for solving this mess.

]]> By: tazman http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/#comment-38525 tazman Thu, 13 Aug 2009 15:57:43 +0000 http://www.doctorhousingbubble.com/?p=2169#comment-38525 Dr. HB: Couldn't disagree with you more on this one... More government intervention and control is what got us into this mess in the first place. It was the Fed, through their pricing of money below the risk free rate, that got us into this mess. If the government had stayed out of pricing money in the first place, the banks and brokerages would never had the incentives to lend this money out and would not have. Consolidation of too much power at the federal level is the problem we've faced in this country since our founding. If only we would follow the constitution... Plus, a more pragmatic argument is, that when you start aggregating data at the federal level, you lose sight of all of the micro-markets, of which housing is a prime example. If you are looking at LA county data in aggregate, you lose sight of the fact that $2mm properties on the westside are just languishing, etc. Dr. HB:

Couldn’t disagree with you more on this one… More government intervention and control is what got us into this mess in the first place. It was the Fed, through their pricing of money below the risk free rate, that got us into this mess. If the government had stayed out of pricing money in the first place, the banks and brokerages would never had the incentives to lend this money out and would not have. Consolidation of too much power at the federal level is the problem we’ve faced in this country since our founding. If only we would follow the constitution…

Plus, a more pragmatic argument is, that when you start aggregating data at the federal level, you lose sight of all of the micro-markets, of which housing is a prime example. If you are looking at LA county data in aggregate, you lose sight of the fact that $2mm properties on the westside are just languishing, etc.

]]> By: Chuck http://www.doctorhousingbubble.com/creating-a-central-foreclosure-and-mortgage-database-the-urgent-need-to-centralize-housing-data/#comment-38523 Chuck Thu, 13 Aug 2009 14:45:51 +0000 http://www.doctorhousingbubble.com/?p=2169#comment-38523 You're dreaming, DHB (with all due respect - you do GREAT work). Look at unemployment statistics. They FIND ways to obfuscate (birth-death, people no longer collecting UI or not looking, so they don't count, etc.). The DOL keeps track of labor and unemployment data, right? It's "centralized." Yet we get completely bogus numbers (U6 versus U3, etc.) in the MSM. You think the banks and Wall Street won't figure out how to game the numbers? Forget about it. Just keep doing what you're doing - -revealing the truth. You’re dreaming, DHB (with all due respect – you do GREAT work). Look at unemployment statistics. They FIND ways to obfuscate (birth-death, people no longer collecting UI or not looking, so they don’t count, etc.). The DOL keeps track of labor and unemployment data, right? It’s “centralized.” Yet we get completely bogus numbers (U6 versus U3, etc.) in the MSM. You think the banks and Wall Street won’t figure out how to game the numbers? Forget about it. Just keep doing what you’re doing – -revealing the truth.

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