Comments on: Real Homes of Genius: Culver City and the Housing Stockholm Syndrome. Approximately 5 Percent of Current Home Price is related to Government Bailouts. http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/ 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: Rina http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/#comment-42366 Rina Sun, 22 Nov 2009 20:36:34 +0000 http://www.doctorhousingbubble.com/?p=2567#comment-42366 OMG. Ima buy a house right now. OMG. Ima buy a house right now.

]]> By: Matthew http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/#comment-41814 Matthew Mon, 09 Nov 2009 02:36:43 +0000 http://www.doctorhousingbubble.com/?p=2567#comment-41814 Jeez, calm down, people. I'm not a realtor or an investor, or involved in RE industry in any way. I'm just a normal guy (and prospective house buyer, tho not in California) who was trying to understand the article. Thanks for explaining, no thanks for the hostility. Jeez, calm down, people. I’m not a realtor or an investor, or involved in RE industry in any way. I’m just a normal guy (and prospective house buyer, tho not in California) who was trying to understand the article.

Thanks for explaining, no thanks for the hostility.

]]> By: LA-Architect http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/#comment-41498 LA-Architect Fri, 30 Oct 2009 04:22:37 +0000 http://www.doctorhousingbubble.com/?p=2567#comment-41498 I'd have to agree with Gus. THe extend and pretend by the large banks is astounding. My friend works at BofA and told me tonight that they're so busy taking phonecalls by distressed homeowners that they're too overwhelmed to foreclose on people. I asked her "How can this possibly go on?" and she responded with the "Banks aren't being truthful". It's pathetically corrupt. My prudence has been rewarded watching the greedy and stupid live in homes payment free... INDEFINITELY.... while I pay rent to a landlord... who may or may not be paying anything to the bank. I’d have to agree with Gus. THe extend and pretend by the large banks is astounding. My friend works at BofA and told me tonight that they’re so busy taking phonecalls by distressed homeowners that they’re too overwhelmed to foreclose on people. I asked her “How can this possibly go on?” and she responded with the “Banks aren’t being truthful”.

It’s pathetically corrupt. My prudence has been rewarded watching the greedy and stupid live in homes payment free… INDEFINITELY…. while I pay rent to a landlord… who may or may not be paying anything to the bank.

]]> By: Doug N http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/#comment-41490 Doug N Fri, 30 Oct 2009 00:15:37 +0000 http://www.doctorhousingbubble.com/?p=2567#comment-41490 blutown, Limbaugh claims the 3 percent is entirely due to Govt spending. No real growth. Your numbers are frightening. Then again, what isn't these days? blutown,
Limbaugh claims the 3 percent is entirely due to Govt spending.
No real growth.
Your numbers are frightening.
Then again, what isn’t these days?

]]> By: Bottom Feeder http://www.doctorhousingbubble.com/real-homes-of-genius-culver-city-and-the-housing-stockholm-syndrome-approximately-5-percent-of-current-home-price-is-related-to-government-bailouts/#comment-41489 Bottom Feeder Thu, 29 Oct 2009 23:49:20 +0000 http://www.doctorhousingbubble.com/?p=2567#comment-41489 @Brawndo has Electrolites: Great job deflating Matthew's uninformed assertion. You are totally right, he must either be a Realtard ($7k a year these days), or just someone who has no clue about what the "real world" formula is for an "acceptable" [rental] real estate investment. Renting is no fun at all, and you really do have to account HEAVILY for vacancy periods, which are becoming more and more common in this great recession era, which, contrary to the phony-baloney GDP numbers, is nowhere near being over. A few months without a "good" tenant will murder your profit in no time. "at today's rates"...Something about that statement irked me as well. @Brawndo has Electrolites:
Great job deflating Matthew’s uninformed assertion. You are totally right, he must either be a Realtard ($7k a year these days), or just someone who has no clue about what the “real world” formula is for an “acceptable” [rental] real estate investment. Renting is no fun at all, and you really do have to account HEAVILY for vacancy periods, which are becoming more and more common in this great recession era, which, contrary to the phony-baloney GDP numbers, is nowhere near being over. A few months without a “good” tenant will murder your profit in no time.

“at today’s rates”…Something about that statement irked me as well.

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