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What were they saying? Gems from the real estate blogosphere |
Posted on the GreaterFool on Nov 13, 2012:
http://www.greaterfool.ca/2012/11/12/getting-ugly/
Comment TOGuy on 11.13.12 at 2:34 pm
I sold and purchased with a realtor and without.. and I have to say that if you have a good one, it makes a huge difference money and liability wise, they make you aware of things you would never thought of, give you advise and recommendations but at the end of the day, it is up to me to make that decision, not them… but you have to be smart enough (like anything else, hiring lawyer, plumber, etc) to choose a good one. Don’t blame anyone else for your bad decisions. If you don’t know when to buy or when to sell you have no one else to blame but yourself. Don’t be a baby… grow up and take responsibility for your own actions. You will have good, bad, and some ugly but it is up to you to choose a good one when you deal in real estate, if you cannot, don’t deal with it… but for gods sake, stop blaming others for your lack of ability
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Garth Turner said on Sep 27, 2012
http://www.greaterfool.ca/2012/09/27/realtors-2/
"Of course, Calgary’s no more immune from the lousy economics underlying the Canadian real estate market than anywhere else. Just as everyone in Vancouver said a year ago, “it’s different here”, when it wasn’t, there are people living in Calgary... who don’t get it. Any community in Canada with decent sales and sticky prices now or in the months to come is providing a rare chance to exit near the top."
Comment from same thread:
"If you are thinking of buying in Calgary right now, don’t. Wait 9 to 12 months and then reconsider your options. By then you will see significantly lower prices. This will be the beginning of multi-year house price correction/crash." (median price in Sep 2012 was $412,250)
Comment from CC
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Garth Turner said on Aug 23, 2012 http://www.greaterfool.ca/2012/08/24/all-hat/
"These days Cowtown’s so full of itself, it’s more irritating and American than usual... .......That the Calgary market will crack is a given". ""
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Quotable from Garth Turner(www.thegreaterfool.ca):
I will no longer tolerate those who decry and ridicule others because they disagree. Get used to it. — Garth
A bully attack on another poster will not be tolerated or published. Address the issues raised. — Garth
An example of the comments which Garth Turner condones:
"...you ignorant math deprived slut" ""'
Comment #46 by Retired Boomer http://www.greaterfool.ca/2012/07/20/outrageous/#comments
"Garth is doing his part in telling the Canadian public the truth about those greedy, evil , criminal, uneducated , lying , dirty realtors. Criminal realtors are uneducated but are masters of propaganda and lies."
Comment #31 by spread the truth bloggers http://www.greaterfool.ca/2012/07/19/h-s-m/
"These RE salespeople should be lined up and shot."
Comment #52 by bigrider http://www.greaterfool.ca/2010/10/27/markageddon/#comments
"Kicking (Flaherty) in the balls–Repeatedly!!"
Comment #7 by Dark sad person http://www.greaterfool.ca/2010/10/19/were-different-2/#comments
After allowing the above comments, Garth Turner apologizes to a realtor who he criticized:
UPDATE: Mary Cleaver disabled her video on Saturday following the publication of this post. This came after offensive comments were posted on her YouTube account. If those comments were the work of visitors from this site, I am truly disappointed. I called Ms. Cleaver on Saturday night to apologize... — Garth
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Garth Turner said on Jan 27, 2012 http://www.greaterfool.ca/2012/01/27/cheap/#comments
Get an agent.
"...you should have one to represent you, do the research for you, bargain for you, and protect you. Will that cost you one per cent, or a half a per cent, of the price? Probably. But it could also be the best insurance money possible. The seller might be a tightwad, but you’re the one shelling out the money. Buyers wear 100% of the risk.
There are lots of things in life to be cheap over. Selling or buying a house worth five or ten years worth of income ain’t one of them. Get an agent."
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Ben Rabidoux from the Economic Analyst blog said on Jul 16, 2011
"More than a bit disappointed in Garth Turner"""'''
But as for me, I'm quite curious why he would completely censor such a comment. I'm not sticking around to ask. Good riddance, Mr. Turner.
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Comment on the GreaterFool Feb 27, 2012
http://www.greaterfool.ca/2012/02/27/probably-wont-end-well/#comments
We moved into our Montreal neighborhood June 2009. We almost purchased a home selling for 189K. It’s value now? 300K. Yes, all this in just the last few years. As Garth said, these last three have been abnormal.
Type on, Garth. Type on.
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Comments on Canadian Mortgage Trends re re: Garth Turner
re: Garth Turner, GreaterFool.ca
I think somewhere deep down Turner knows he's wrong but he's beyond the point of no return. He can't come out now and admit he's made bad calls or he'll lose his flock. My father once told me to beware of men who never admit to being wrong.
Garth is on the business of selling fear.
If you post your coments on his blog, he will censure them.
Try it and see for yourself, he never allows any challanging comment or well argumented that might prove him wrong on his blog. On the other hand, vulgar comments get through regularly.
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Leon Llens(comment #83) said to Garth Turner on Jul 17, 2011
http://www.greaterfool.ca/2011/07/17/humans/#comments
I can tell you with reasonable certainty that one day the world will come to an end. Please stop pretending to be the housing market God or even guru, when you’re really just stringing us along with your glib tongue and bawdy humour
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When prices are increasing the data is skewed. When prices drop, the data is infallible...
Comment from the GreaterFool.ca
Regarding the drop in average price. I remember not too long ago, when the average price kept going up, there were lengthy justifications on this blog how unreliable the average price is as a realistic measure, how fewer sales overall and odd high end sales skew the average price etc. Of course now, when the average price went in the direction supporting the crashing RE point of view, all of the sudden it’s a valid argument and no mentioning of possible higher volumes of lower end sales that can similarly skew the average price curve. Hard to be objective, eh?
http://www.greaterfool.ca/2011/08/16/dont-worry/#comments
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Comment from GreaterFool.ca referring to Garth Turner
http://www.greaterfool.ca/2011/07/31/stupidity/
Are you capable of communicating with members of the female population without referring to them as “babes” or other similar terms?
You end up losing credibility and looking like a creepy old undersexed man.
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Comment from the GreaterFool.ca
http://www.greaterfool.ca/2011/07/29/consequences-4/
I’m finding it increasingly hard to recommend (the Greaterfool.ca) to other people who may be interested in the subject due to flagrant abuses of the English language. Since the majority of commenters here seem to think of themselves as having superior intellect to the overleveraged masses, it would help if they avoided basic spelling and grammatical errors.
To me – even the most truthful statement is rendered virtually meaningless when it is composed of errors in composition. Please run your posts through Word and fix the squiggly lines before hitting Submit.
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Garth Turner said about his blog
http://www.greaterfool.ca/2011/07/27/extremism/
only 1% of the people who come here actually leave a comment. I just pray to the goddess above they don’t represent society as a whole. Cuz then, we’re screwed.
http://www.greaterfool.ca/2011/07/18/it-gets-better/
GreaterFool attracted an audience of doomers, nihilists, conspiracists, survivalists
Times have changed, sort of, but a platoon of the nutbars hangs on.
This blog is a swampy morass of conspiratorial fiction.
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July 6, 2010 Mish's global economic trend analysis
I am now confident the peak in Canadian housing insanity is finally in.
Update:
Median price Jul 2010: $400,000
Median price May 2011: $423,000
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Garth Turner said on Jan 22, 2009
http://www.greaterfool.ca/2009/01/21/dont-wait-too-long/
In fairness, let’s not forget that earning a living via commissions is far more difficult and risky than most people understand or could accomplish. They must fight for both listings and sales, and they also see their ranks swell incredibly during good markets, which makes survival in bad ones even more difficult. Paycheques can often be few and far between, while daily operating costs (and family obligations) are constant. While I have a great deal of criticism to heap on real estate spokespeople who try to prime the market without justification, let’s reserve our harshest abuse for the media who lazily, uncritically and sometimes unethically report this drivel as news. — Garth
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Garth Turner said on Jan 21, 2009
http://www.greaterfool.ca/2009/01/21/dont-wait-too-long/
First, the average price now in Cowtown is $417,398, down from a peak of $505,920. So, for the average price to fall by 2% from the 2008 average, it will actually have to increase to $451,000, a jump of 8%. That's about as likely as oil going back to $100 a barrel this year.
Update: Average price on Dec 31, 2009: $451,349
Garth Turner predicted a price of $354,788. Off by 27%
http://www.greaterfool.ca/2008/12/24/2009-look-out-below/
On the same post, after Garth's mocking of the president of CREB(whose prediction for 2009 turned out to be correct) a comment from one of Garth's followers:
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There really oughta be a law against such bald-faced deception.
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It is really sickening that she actually gets paid to spew out such nonsense.
A comment on the same post from Squidly77:
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this is probably the most outrageous prediction from the CREB to date and does a grievous disservice to calgarians
Squidly77 predicted an average price of $225,000. Off by 101%.
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April 23, 2009 from Kevin at Edmonton Housing Bust (now inactive)
http://edmontonhousingbust.com
In conclusion, it appears that by most measures we are not just heading towards a bust, but have already arrived. And it’s not one of those things that bouncing back above the threshold undoes, once you cross the line, it’s done. |
Mar 25, 2011 Comments from Greater Fool readers(responding to Garth Turner's request for advice on his propensity for sexual references)
http://www.greaterfool.ca/2011/03/24/ I am not a big fan of Garth’s sexual innuendo. It just seems kinda lame and non-relevant. But it makes me wonder if he’s kind of, you know, “unfulfilled”…..Them that talk about it vs them that do it, etc…..
...lose the detracting adolescent sexual referencing. It isn’t a matter of morality, it’s a matter of if you want your message to be taken to the next level and seriously, you act accordingly.
...some of your language makes you seem like a pervert. I guess those without children get old, but they don’t necessarily mature.
It’s just that most of your metaphors paint a picture of a prurient old man, not getting any, but hounded by constant desire.
Frankly, you sound like an under-sexed teen (with a Hummer, even more telling) and therefore use the lewd language to fill a void. |
Nov 8, 2007 Squidly/Zoogle/Dan at Albertabubble(now inactive)
how to calculate median price
"day 1..5 houses sell
280,000..300,000..800,000..400,000..540,000
avg price..464,000
remove the highest and the lowest
price
median is 413,000
day 2...7 houses sell
425,000..475,000.320,000..310,000..900,000..525,000...330,000
avg price..469,285
remove the highest and lowest price
median is 415,000"
Quotable: Squidly said..."Realtors arnt very smart"
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Jan 15, 2009 Squidly/Dan/Zoogle at Albertabubble(now inactive)
We are approaching 16 months inventory
Update
Jun 2009 Inventory is 2 months
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