those Lovely Experts at RCG

[T, V & Mr. B.]

[S-Crow]

As a contributor over at RCG, and being that I have met and our office has worked with Ardell personally, you have to understand her personality to know that she meant nothing bad by her remarks, but I did laugh because it struck me as funny. She is quick to the keyboard and is passionate about her positions, even though many, including myself and others, may disagree with her positions or the way she comes across.

She does blog substantially for sure!

[synthetik]

I really think she should apologize to Tim - but that's just me.

[T, V & Mr. B.]

Well, she may be over-zeleous, but I don't think she should be doling out advice that someone should buy a house for an investment. As a matter of fact I think that is totally incredulous. She is not a financial advisor and if someone bought a house based on her statements, .....well without saying that what she is doing is unethical, for I couldn't find it in the ethics statment for realtors, I would say it isn't right.

[The Tim]

I have already decided that it is a waste of my time to post comments on posts by Ardell over at RCG, but she manages to drag me into arguments on other people's posts, too. From now on, I'm planning to ignore her entirely.

I can only take so much , , , and .

[B]

There's a problem with the logic that a lot of the used house saleschicks use, especially as I see it on RCG, Seattle Times/PI, and other booster sites.

It's either explicitly or implicitly thrown out there that housing is a fabulous investment in any climate, there is never a bad time not to buy, etc etc. This is all understood and the motivations for it are obvious.

I especially liked the "Interest only is great because you can use the cash you're saving to invest!" argument.

The disturbing question I always have is, "if housing is so great, what are you investing in that is a better asset than housing? Why not more housing?"

The real meat of the question I want to ask, though, is this. If realtors/mortgage salesmen have an angle on the most amazing asset class that only goes up, why do they share this knowledge with the public? Also, are they levereging themselves to the hilt to buy any and all properties that come on the market? To read their "licensed invesment advice", it would seem like a no brainer.

So why do they not follow their own advice and all retire as billionaires?

[Matthew]

I find it very interesting that Jon over at RCG has the time to post a new article about the viaduct, but yet doesn't have enough time to moderate the comments on the thread they closed (supposedly due to him being on vacation).

How convenient! If you don't like the truth, silence the truth tellers!

[T, V & Mr. B.]

I really think they are Ostriches with their heads in the sand over there. They have not be able to give one undisputable fact for an "optmistic" outlook and do not want to hear any evidence that things won't go the way they want.

[synthetik]

Of course... if you made your living on a ponzi scheme would you spend your time thinking about it?

[T, V & Mr. B.]

Ardell, , says that she could feel, back in June of 05, the swell of appreciation coming. " I could feel it. I could taste it. I could smell it. The ground was swelling" the diatribe is actually quite funny. I wonder what she feels now, what she tastes, what she smells. what the ground is doing now?

[Matthew]

if she were a dog she would be smelling fear!