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Thank you Larry

Dec 31st, 2011 by zovall 
I've learned a great deal over the years from your posts and know that many others have as well.  Your insights and analyses on the bubble and housing prices have been unique and a fantastic resource.  I've also gotten quite the laugh from them (turnkey kangaroo courts and all).  It is truly amazing that you're able to put out such detailed posts daily. Your efforts took IHB to a new level and for that, I am very grateful.  From Inventory Cholesterol to Castle In the Sky, it has been quite the ride over the past few years - the thrill and attention when you published The Great Housing Bubble, the creation of the brokerage, the launch of your fund, standing up to bullies, etc.  Thank you for partnering with me and helping to make IHB a trusted resource for our readers.  I sincerely appreciate your dedication to this blog and I have no doubt you'll continue to put out great work.
All the best,
Omkar (zovall)
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Posted in

Castle in the Sky

by IrvineRenter 

Over the last few days, I wrote about my family history in Ancestral Call, my youth in Community of Elders, my teenage years in Coming of Age, and today I conclude with a little perspective on life and an expression of one of my deepest desires. You never know what will happen when you put something out in the Universe. Maybe my dream will come true.

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Posted in

Coming of Age

Dec 30th, 2011 by IrvineRenter 

Having grown up in a community of elders with a long heritage, I have a deep connection to my old home town of Adams-Friendship, Wisconsin. I lived there throughout a blissful childhood until my family moved away when I was eleven years old. I struggled to adapt to my new environment always feeling like an outsider. In my Junior year of high school, I hatched a plan to go back to Wisconsin to have the high school experience I felt I was denied in Arkansas. I went home to come of age.

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Posted in

Community of Elders

Dec 29th, 2011 by IrvineRenter 

Childhood in a community of elders

Yesterday, in Ancestral Call, I detailed my family history. I was born into a close-knit rural community, swaddled by family, extended family and a broader community which shared the same values. Both my grandparents living within a few miles of one another, and several aunts, uncles and cousins lived nearby. I had the support of this community during my formative years.

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Posted in

Ancestral Call

Dec 28th, 2011 by IrvineRenter 

My rural roots

My roots run deep in the rural farm community of Friendship, Wisconsin. My fraternal family line can be traced back to Thomas Roberts, a Welshman born in 1831. Thomas arrived with two bothers in New York, but sadly, he became separated from them and never saw them again. Thomas immigrated to Adams County, Wisconsin where he started a family which still boasts many local residents. Although my name is Welsh, the women who married Roberts men for the next several generations were of Scandinavian descent. I am a mutt of the American melting pot.

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Posted in

Housing price bottom delayed to at least 2013

Dec 27th, 2011 by IrvineRenter 

The following headlines suggest the market will not bottom in 2012:

I am not the only market observer who has come to this conclusion.

Home Address ... 90 LEHIGH AISLE #58 Irvine, CA 92612
Asking Price .......  $449,000

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Posted in Library News

Strategic default is the banker’s stigma of convenience

Dec 26th, 2011 by IrvineRenter 

Bankers foster the idea that strategic default on a primary residence is immoral. Bankers want borrowers to continue to repay loans even when it is not in the borrower's best financial interest to do so. I and many others have argued borrowers have a greater moral duty to do what's in the best financial interest of their family. Obviously, bankers disagree.

Home Address ... 1229 ABELIA Irvine, CA 92606
Asking Price .......  $319,900

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Posted in Library News
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