<![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate - Consumerist Comments]]> http://cache.gawker.com/assets/base/img/thumbs140x140/consumerist.com.png <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate - Consumerist Comments]]> http://consumerist.com Fri, 28 Mar 2008 03:16:55 EDT Fri, 28 Mar 2008 03:16:55 EDT http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4912389 @econobiker:

So...are you saying that Wilford Brimley DOESN'T have dia-beetus?

LUV2CattleCall

]]> 31:372666:c4912389 Fri, 28 Mar 2008 03:16:55 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4897177 Makes sense, most ex-McDonald's employees I know will never eat there again, cuz they know what goes on behind the scenes. Whereas they can be sure similar stuff happens elsewhere, but they don't know that it does. Rational ignorance ftw.

disavow

]]> 31:372666:c4897177 Thu, 27 Mar 2008 11:02:43 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4897112 Read a great book about stock brokers. It was written prior to internet trading and before the Dot.Com stock insanity. The guy wrote about starting in the basement level as a assistant / trainee and working his way up to a star trader through various firms. He wrote about star traders treated people, how to game the system if he messed up, pump and dump organized crime stock scams, people fishing for IPO insider trading access, the whole gambit.

He finally got out with $1 million cash in the bank and married a woman who was a lawyer - he bacame a Mr. Mom to their twin children. Funny thing was that he never ever invested in the stocks he sold or any stocks for that matter. All his profits were from commissions only.

The people who push the product don't necessarily use the product...

econobiker

]]> 31:372666:c4897112 Thu, 27 Mar 2008 11:00:08 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4895348 @CumaeanSibyl: As firestarsolo points out, it's actually probably a great investment right now. You can pick up crazy deals right now if you can stomach the economic rollercoaster these days and if you're prepared to accept that your investment might go down in value before it goes up. This is the best time to buy in years! Bad for speculators, good for investors.

As for the point of the post, add my *yawn* to those above. I heard that Stephen Hawking has never been shot into a black hole, yet he goes around claiming to understand quantum gravity!! Scandalous!

Beerad

]]> 31:372666:c4895348 Thu, 27 Mar 2008 09:35:53 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4894948 @CumaeanSibyl: It's a buyer's market. Every time housing goes down, people think it will never come back up, and the cycle repeats. Obviously nobody can tell the future, but why not delve in while the going is good instead of deciding when everyone else already has?

firestarsolo

]]> 31:372666:c4894948 Thu, 27 Mar 2008 09:00:03 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4894398 If her expert opinion is that real estate is not a good investment right now, then she's a smart expert.

CumaeanSibyl

]]> 31:372666:c4894398 Thu, 27 Mar 2008 07:12:35 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4891701 @LastVigilante: I use to live in the building where that picture was taken :)

AngrySicilian

]]> 31:372666:c4891701 Wed, 26 Mar 2008 22:43:39 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4891533 Totally off topic, but my sister lives in that tall building in the foreground of that photo!
Somewhat on topic, her rent for a studio apartment there is more than my paycheck!

LastVigilante

]]> 31:372666:c4891533 Wed, 26 Mar 2008 22:30:01 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4890948 my oncologist doesn't have much cancer...

dh86sj

]]> 31:372666:c4890948 Wed, 26 Mar 2008 21:42:13 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4890513 Kind of like stocks: you have to have the time to do it yourself.

vastrightwing

]]> 31:372666:c4890513 Wed, 26 Mar 2008 21:02:50 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4889482 ColdNorth

*Yawn*

I agree. You also need the time to work the properties or hire someone else to do it. She probably doesn't have the time, and if like me, might be hard to trust anyone else

trademarked67

]]> 31:372666:c4889482 Wed, 26 Mar 2008 19:47:55 EDT <![CDATA[PricewaterhouseCoopers Real Estate Expert Doesn't Own Much Real Estate]]> http://consumerist.com/372666/pricewaterhousecoopers-real-estate-expert-doesnt-own-much-real-estate#c4889409 *Yawn*

ColdNorth

]]> 31:372666:c4889409 Wed, 26 Mar 2008 19:43:39 EDT