Comments on: Two Faces of Housing Panic: Schadenfreude and the Lender of Last Resort. http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/ How I Learned to Love Southern California and Forget the Housing Bubble Sat, 22 Nov 2008 09:38:26 +0000 http://wordpress.org/?v=2.2.2 By: finnskogar http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-18653 finnskogar Fri, 20 Jun 2008 18:24:34 +0000 http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-18653 I'm pleased simply to see the term Schadenfreude being used, and often spelled correctly. If it takes the trashing of an entire economy to witness these rare precious moments of educated literacy, bring it on. (wink) Finn (the PermaBear) I’m pleased simply to see the term Schadenfreude being used, and often spelled correctly.

If it takes the trashing of an entire economy to witness these rare precious moments of educated literacy, bring it on.

(wink)

Finn
(the PermaBear)

]]> By: The North Coast http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-1357 The North Coast Fri, 13 Jul 2007 17:30:00 +0000 http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-1357 I understand schadenfreude and I confess to feeling a touch of it. <br/><br/>But I'm a "bitter renter" who watched prices on condos in my Chicago nabe ratchet out of reach and had to listen to all the flippers talk about buying $350K condos on incomes of $65K. Because I didn't want to borrow 4, 5, or 6X my income to support an overpriced junk rehab, I was a "bitter renter"<br/><br/>Can I be forgiven for feeling a bit smug now, and for also feeling that the prudent and honest who sat on the sidelines should not have to pay to bail out the careless and dishonest?<br/><br/>Can I also be glad prices are at last falling to a reasonable range where I just might be able to own my home, UNLESS the feds decide to prop up this overpriced market at keep it out of my reach by bailing out all the idiots who bought at the top? I understand schadenfreude and I confess to feeling a touch of it.

But I’m a “bitter renter” who watched prices on condos in my Chicago nabe ratchet out of reach and had to listen to all the flippers talk about buying $350K condos on incomes of $65K. Because I didn’t want to borrow 4, 5, or 6X my income to support an overpriced junk rehab, I was a “bitter renter”

Can I be forgiven for feeling a bit smug now, and for also feeling that the prudent and honest who sat on the sidelines should not have to pay to bail out the careless and dishonest?

Can I also be glad prices are at last falling to a reasonable range where I just might be able to own my home, UNLESS the feds decide to prop up this overpriced market at keep it out of my reach by bailing out all the idiots who bought at the top?

]]> By: Anonymous http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-676 Anonymous Sat, 21 Apr 2007 05:07:00 +0000 http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-676 Here's a candidate for your Real Homes of Genuis:<br/><br/>MLS: 40255029<br/><br/>343 sqft studio condo for 330k!! Here’s a candidate for your Real Homes of Genuis:

MLS: 40255029

343 sqft studio condo for 330k!!

]]> By: repo4sale http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-675 repo4sale Sat, 21 Apr 2007 01:43:00 +0000 http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-675 By 2010-2012 Prices will be "Trash" Values:<br/>50-70% off for Homes<br/>60-80% off for condos+town homes+zero lot line homes<br/>80-95% off for land, lots, acres<br/>30-70% off for commercial buildings (all types)<br/><br/>My Track Record:<br/>Average 1160% Gross profits last 10+ years<br/>Average 2 year hold last 10+ years<br/>Almost 200 buy/sell round trips completed<br/>BBA Finance+Real Estate Ccim Cria Cam Ems Gri xTaxLicense<br/>xParalegal xRealtor xInsurance xStockbroker<br/>www.johnjasonchun.com By 2010-2012 Prices will be “Trash” Values:
50-70% off for Homes
60-80% off for condos+town homes+zero lot line homes
80-95% off for land, lots, acres
30-70% off for commercial buildings (all types)

My Track Record:
Average 1160% Gross profits last 10+ years
Average 2 year hold last 10+ years
Almost 200 buy/sell round trips completed
BBA Finance+Real Estate Ccim Cria Cam Ems Gri xTaxLicense
xParalegal xRealtor xInsurance xStockbroker
www.johnjasonchun.com

]]> By: Anonymous http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-674 Anonymous Fri, 20 Apr 2007 23:17:00 +0000 http://www.doctorhousingbubble.com/two-faces-of-housing-panic-schadenfreude-and-the-lender-of-last-resort/#comment-674 I'm writing from Sweden to inform you that you are a finalist for the Nobel Prize in Economics. Sorry it took so long.<br/><br/>(Actually, I'm across the country, but experiencing what you are, and I have to tell you this blog is beyond fantastic.) I’m writing from Sweden to inform you that you are a finalist for the Nobel Prize in Economics. Sorry it took so long.

(Actually, I’m across the country, but experiencing what you are, and I have to tell you this blog is beyond fantastic.)

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