{"id":9169,"date":"2009-07-15T11:24:36","date_gmt":"2009-07-15T18:24:36","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=9169"},"modified":"2009-07-15T11:24:36","modified_gmt":"2009-07-15T18:24:36","slug":"just-had-to-share-this","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9169\/just-had-to-share-this\/","title":{"rendered":"Just had to share this…."},"content":{"rendered":"

I was doing some research today and came across an article on Realtor.org from 12-01-2006 about The Top 25 Most Influential Thought Leaders in Real Estate. After a list of 25\u00a0 builders of the status quo, they had a runner-up list of 15.<\/a><\/p>\n

Robert Schiller made that list, here is the “why”:<\/p>\n

Got big media coverage equating rising real estate prices with the tech bubble, but we haven\u2019t heard the pop yet.<\/p>\n

Robert Shiller scored instant media celebrity when his 2000 book, Irrational Exuberance<\/em>, predicted the tech bubble\u2019s explosion just weeks before the fact. Four years later, when he tried to apply the same principles to the real estate boom, he found out that all investments don\u2019t behave alike. Shiller contended that rising home prices weren\u2019t based in the fundamentals of population growth and supply and demand; they were bubbles, destined to pop.<\/p>\n

To the contrary, NAR economists predicted that market slowdowns would largely be gradual\u2014a trend that\u2019s playing out today. Shiller\u2019s failed bubble scenario demonstrates that sometimes even smart guys get it wrong.<\/p><\/blockquote>\n

Yeah, and sometimes economists who work for the status quo get it SO wrong it makes you laugh out loud.<\/p>\n

By December 2006, wasn’t it already becoming clear that sub-prime was a the tip of the iceberg? The Kool Aid must have been strong<\/em> at Realtor.org for them to tempt fate so blatantly.<\/p>\n","protected":false},"excerpt":{"rendered":"

I was doing some research today and came across an article on Realtor.org from 12-01-2006 about The Top 25 Most Influential Thought Leaders in Real Estate. After a list of 25\u00a0 builders of the status quo, they had a runner-up list of 15. Robert Schiller made that list, here is the “why”: Got big media […]<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-9169","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":13132,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13132\/the-american-dream-is-not-dead-%e2%80%94-it%e2%80%99s-just-taking-a-well-deserved-rest\/","url_meta":{"origin":9169,"position":0},"title":"“The American dream is not dead \u2014 it\u2019s just taking a well-deserved rest.”","author":"Greg Swann","date":"September 1, 2010","format":false,"excerpt":"From the New York Times, economist Karl Case of Case-Shiller fame says: Buy!This financial crisis has made us all too aware that we live in a Catch-22 world: the performance of the housing market drives the economy, and the performance of the economy drives the housing market. But housing has\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3038,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3038\/its-the-end-of-the-world-as-we-know-it-and-i-feel-fine\/","url_meta":{"origin":9169,"position":1},"title":"It’s The End Of The World As We Know It And I Feel Fine!","author":"Barry Cunningham","date":"April 30, 2008","format":false,"excerpt":"That's great, it starts with an earthquake, birds and snakes, an aeroplane and Lenny Bruce is not afraid. Eye of a hurricane, listen to yourself churn - world serves its own needs, dummy serve your own needs. Feed it off an aux speak, grunt, no, strength, Ladder start to clatter\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"Case Shiller Reort | Real Estate Radio USA","src":"https:\/\/i0.wp.com\/www.realestateradiousa.com\/blog\/wp-content\/uploads\/2008\/04\/endofworld.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13255,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13255\/love-these-10-reasons-to-buy-a-home\/","url_meta":{"origin":9169,"position":2},"title":"Love these “10 Reasons to Buy a Home”","author":"Al Lorenz","date":"September 15, 2010","format":false,"excerpt":"From the Wall Street Journal, complete with video, is Brett Arends take on why now might be a great time to buy a home.\u00a0 This is the action item to follow Greg's last post on Why Housing will come back.\u00a0 I'm in a very seasonal, resort type of market.\u00a0 A\u2026","rel":"","context":"In "Carnival of Real Estate"","block_context":{"text":"Carnival of Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/carnival-of-real-estate\/"},"img":{"alt_text":"[roiA0915]","src":"https:\/\/i0.wp.com\/si.wsj.net\/public\/resources\/images\/OB-JZ603_roiA09_DV_20100914164033.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17378,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17378\/overnight-news-federal-government-performs-quotidian-function-amidst-paroxysms-of-weeping-albeit-with-only-one-major-riot\/","url_meta":{"origin":9169,"position":3},"title":"Overnight News: Federal government performs quotidian function amidst paroxysms of weeping, albeit with only one major\u00a0riot.","author":"Greg Swann","date":"October 27, 2020","format":false,"excerpt":"What's the least-worst part about Amy Coney Barrett's confirmation? For a welcome change, the left didn't mount a huge, bogus smear campaign. That just means they're effecting their evil elsewhere \u2013 e.g., court-packing \u2013 but it was nice to see a lady being treated almost like a lady. CNBC: Home\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17187,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17187\/overnight-news-only-three-nobel-peace-prize-nominations-worst-president-ever\/","url_meta":{"origin":9169,"position":4},"title":"Overnight News: Only three Nobel Peace Prize nominations. Worst. 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CTRL-F 'riot'; not found.\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17882,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17882\/overnight-news-what-do-you-do-if-your-real-estate-agent-cant-read\/","url_meta":{"origin":9169,"position":5},"title":"Overnight News: What do you do if your real estate agent can\u2019t\u00a0read?","author":"Greg Swann","date":"February 23, 2021","format":false,"excerpt":"Do you think I'm joking in the headline? I've never loved the basic preparation of my fellow real estate agents. When I started, I wrote a satiric essay on checking your agent's math. By now it would be wise to check you agent's English \u2013 and logic. Mostly, the offers\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=9169"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9169\/revisions"}],"predecessor-version":[{"id":9187,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9169\/revisions\/9187"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=9169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=9169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=9169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}