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Three Years Ago

Chuck Ponzi April 1st, 2008

Cake

Hard to believe this crappy site has lasted a whole 3 years. I was one of the first, and thank god, finally, I was exonerated as a non-insane person.

Makes me so proud.

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11 Comments »

Comment by crispy&cole
2008-04-02 07:02:22

Congratulations!

 
Comment by LAEF2
2008-04-02 07:39:47

Happy blogday!

 
Comment by Lander
2008-04-02 10:50:00

Congrats! 3 years seems like an eternity in blog-time.

 
Comment by Paul
2008-04-02 12:35:12

Happy Birthday! 3 years is a long time.

 
Comment by oc_fliptrack
2008-04-02 14:53:09

Congrats! The vindication sure feels good, doesn’t it?

 
Comment by k.o.
2008-04-07 11:19:59

Congrats! Keep up the good work!

 
Comment by b dubya
2008-04-07 12:04:23

Just last year I had a discussion with some aquaintances in the real estate industry in Orange County regarding which way housing is going, and I told them I was looking for a 40% decrease by 2009-10.

“No way, you’re crazy. There’s just too much strength in the mareketplace!”

Hah.

 
Comment by California Kid
2008-04-07 20:34:11

Congrats Mr. Chuck, it’s been a great site with a lot of good information….. And to you dubya, yea I was saying the same thing last year with a similar audience and spoke with them today only to watch them speak with no real substance about their previous predictions, it really shows just how shallow some are when they get caught up in the frenzy……Just checked the Corona area out of curosity, they are getting hammered and it looks like the same problems are starting to spill over in the OC……. This catfish out and still swimming along the bottom.

 
Comment by T-Shane
2008-04-14 23:02:36

Chuck:

Thanks for helping me know I wasn’t alone in recognizing the insanity. I moved to SoCal in 2004, then moved away in 2007. The move away was not so much planned but rather a confluence of circumstances that made it the right move. In 2004, had we stretched, skimped, and saved, we could have jumped in the market insanity, but something didn’t smell right. Unlike most sheeple, I could see the link between easy money, I/O loans, and inflated asset prices. While I admit that I underestimated the REIC’s ability to create more bizarro products to keep the party rolling, I believed that the party would be over by 2005. Turns out it was a year later, but you couldn’t see it until it was far enough in the mirror.

I had my doubts during the run, but you were the voice of sanity, helping me stick to my guns. This was one of the first RE blogs I stumbled upon in early 2006. In any case, had we bought into the party, there is no way we could have sold a place in August 2007 in less than a month and moved half way across the country without going BK or “walking away.”

 
Comment by JimAtLaw
2008-04-16 06:00:37

Congrats Chuck, and thank you. Your observations helped the rest of us know we weren’t crazy, and a few choice forwards even kept a friend or two of mine from buying.

 
2008-06-06 13:34:17

Wow! Three years is like John McCain’s age in blog - years…

Congrats. Your blog’s not getting older, just closer to irrelevancy - Peace.

 
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