FYI on a condo price

[Buckhead Rick]

We sold a condo in Watercolor (south side) just as prices started up in late 2002 for $875M that had been listed for 6 months, saw that condo get listed for as much as $1.4MM in 2004, and did we feel dumb for having sold. The one next door just got listed for $850M. Not only are we back where we started but in some ways below where we started.
I do not know what that tells us.

[ER]

Not sure what you mean by in some ways below where we started, but to me it says: If you want to buy great real estate at 2002 prices levels, here is your chance.

[sowalgayboi]

I'm assuming that you meant to use a "K" not an "M".

[Miss Kitty]

I'm assuming that you meant to use a "K" not an "M".

:floor:...no wonder those things won't sell!

[30A Skunkape]

:floor:...no wonder those things won't sell!

Hello, Mr Kitty, your Kondo is pricey!

[Miss Kitty]

Hello, Mr Kitty, your Kondo is pricey!

:lolabove:...you think Buckhead R felt dumb...imagine how dumb we feel right now! 875 miiiiiiiiiiiillion dollars! :bang:

[elgordoboy]

Sorry- it's killing me and I am not proud that I can't not post this: m = thousand and mm = million (thousand thousand) and mmm = billion. I'd have used K also

[SHELLY]

I do not know what that tells us.

uh...Bobby J....That's your cue.


.

[sowalgayboi]

:lolabove:...you think Buckhead R felt dumb...imagine how dumb we feel right now! 875 miiiiiiiiiiiillion dollars! :bang:

C' mon kitty sell that thing and buy up the rest of 30A. :funn:

[Miss Kitty]

Sorry- it's killing me and I am not proud that I can't not post this: m = thousand and mm = million (thousand thousand) and mmm = billion. I'd have used K also

;-)...I knew what he meant. But, it sure was fun to dream.

[egrp]

Sorry- it's killing me and I am not proud that I can't not post this: m = thousand and mm = million (thousand thousand) and mmm = billion. I'd have used K also

no worries was about to post it for u...ex-banker habits die hard

[Bobby J]

uh...Bobby J....That's your cue.


.


Its a great time to buy!!!!!!!!!!!!!!!!!!!!!!!!!!!!:biggrin:

[SHELLY]

Its a great time to buy!!!!!!!!!!!!!!!!!!!!!!!!!!!!:biggrin:

.
http://newsimg.bbc.co.uk/media/images/42855000/jpg/_42855263_wep-eyewire203.jpg

That's TWO DAYS Skippy!! In this market you've gotta step it up a bit!!



.

[Buckhead Rick]

Sorry children, but in the financial markets (where I've made my living for 33 years) m = thousands, I have seen K used but mostly in the popular press and the comic strips ,not the financial press.
Obliously you all read read more of the latter than the former.

[elgordoboy]

Sorry children, but in the financial markets (where I've made my living for 33 years) m = thousands, I have seen K used but mostly in the popular press and the comic strips ,not the financial press.
Obliously you all read read more of the latter than the former.
Obliously. Well typos happen.
I would like to retract my earlier post in this thread so as not to be associated with Buckhead Rick.
Edited in the interest of thread peace. It remains unedited to my great shame quoted in post #25

[Little Fish]

elgordoboy:

Personally, I found Buckhead Rick's response appropriate given the drubbing he received from others on this board who don't understand basic financial terms... I'm surprised you don't agree.

Little Fish

[Miss Kitty]

:wave:...lighten up! Think about all the money (M's or K's) I could have made on my condo. :biggrin:

[seagrovegirl]

I bit pompous response from BR, I thought......he/she didn't take the ribbing well and then had to be insulting....go back to Atlanta!

[Margarita]

elgordoboy:

Personally, I found Buckhead Rick's response appropriate given the drubbing he received from others on this board who don't understand basic financial terms... I'm surprised you don't agree.

Little Fish

I agree

[30A Skunkape]

That explains that confused guy with a sheet over his head looking for the MMM rally:confused:

[sowalgayboi]

Sorry children, but in the financial markets (where I've made my living for 33 years) m = thousands, I have seen K used but mostly in the popular press and the comic strips ,not the financial press.
Obliously you all read read more of the latter than the former.

Thank you so much for your "professional" response.

[seagrovegirl]

Buckhead.....we professionals around here dislike ties.....we are at the beach....relax... shed the tie.

[elgordoboy]

That explains that confused guy with a sheet over his head looking for the MMM rally:confused:
lol..I seem to be following you doing this a lot lately.

[elgordoboy]

elgordoboy:

Personally, I found Buckhead Rick's response appropriate given the drubbing he received from others on this board who don't understand basic financial terms... I'm surprised you don't agree.

Little Fish
I suppose you must mean something other than the present thread. I am not familiar.

[toofargone]

Obliously. Well typos happen.
I would like to retract my earlier post in this thread so as not to be associated with Buckhead Dick.

I don't have a dog in this hunt, but you folks get corrected on something and get offended? After you had all the ****z and giggles about his supposed typo? All your off-handed comments, calling him a dick, take the tie off, yada yada, etc are just trying to make yourselves feel good for making fun of someone.
Yes, I am laid back and live at the beach also, but at least I my parents brought me up properly.

The moderator of this forum should ban edgordoboy fatass for his personal attack. Seagrove girl you note buckhead ricks "pompous attitude" but overlook your "locals" insults, just making the situation fit your needs. You folks should be ashamed. Sorrry Buckhead rick doesn't belong to your little club.

Flame away.

[elgordoboy]

I don't have a dog in this hunt, but you folks get corrected on something and get offended? After you had all the ****z and giggles about his supposed typo? All your off-handed comments, calling him a dick, take the tie off, yada yada, etc are just trying to make yourselves feel good for making fun of someone.
Yes, I am laid back and live at the beach also, but at least I my parents brought me up properly.

The moderator of this forum should ban edgordoboy fatass for his personal attack. Seagrove girl you note buckhead ricks "pompous attitude" but overlook your "locals" insults, just making the situation fit your needs. You folks should be ashamed. Sorrry Buckhead rick doesn't belong to your little club.

Flame away.
No flames here. The Dick is a result of my "fatass" fingers that D is close to the R. You have a typo or two in your post as well. You have me as eDgordoboy the D is clear across the keyboard from the L. I can't help it that my typos make better sense than the real thing. If you weren't laid back and lived at the beach you'd be a doozy. Secret Society of Sowal meeting next Thursday guys - don't tell toofargone.

[toofargone]

No flames here. The Dick is a result of my "fatass" fingers that D is close to the R. You have a typo or two in your post as well. You have me as eDgordoboy the D is clear across the keyboard from the L. I can't help it that my typos make better sense than the real thing. If you weren't laid back and lived at the beach you'd be a doozy. Secret Society of Sowal meeting next Thursday guys - don't tell toofargone.

Nice excuse. Try to put the blame on me. Make excuses. you called him a dick. you know it.

[elgordoboy]

Nice excuse. Try to put the blame on me. Make excuses. you called him a dick. you know it.
No excuses. I dind't make him one though. No more out of me on this one- last word is yours if you want it.

[toofargone]

No flames here. The Dick is a result of my "fatass" fingers that D is close to the R. You have a typo or two in your post as well. You have me as eDgordoboy the D is clear across the keyboard from the L. I can't help it that my typos make better sense than the real thing. If you weren't laid back and lived at the beach you'd be a doozy. Secret Society of Sowal meeting next Thursday guys - don't tell toofargone.

you made your dick "typo" this afternoon and have posted three more times on this thread but have not edited it???
You are full of it. If it was a typo you would have corrected after little fish tried to politely make sense to you.
Alas, I forget you don't give a sh-it, it was a typo, who cares??
Piss off fatass eLgordoboy.

[toofargone]

No excuses. I dind't make him one though. No more out of me on this one- last word is yours if you want it.

There you guy, still calling him a dick. Kurt should ban you. You are making a personal attack on Buckhead Rick. Yes, you are making excuses. You act like a child.

[drivingtheview]

:trainwreck:

Like, who cares about the m's & the k's? Seriously, who's got the hotel room for prom night?

[Allifunn]

CHILL PILL...:wave:JEESE! or go to bed!

[toofargone]

CHILL PILL...:wave:JEESE! or go to bed!

All it would have taken was a sincere apology from gordo the fatass.. but no, he just has to keep at it.

Buckhead guy was just trying to share some info..

[Allifunn]

All it would have taken was a sincere apology from gordo the fatass.. but no, he just has to keep at it.

Buckhead guy was just trying to share some info..a chill pill is still in order

[toofargone]

a chill pill is still in order

For gordo

[sowalgayboi]

Um, elgordoboy isn't the only one making personal attacks.

[seagrovegirl]

you made your dick "typo" this afternoon and have posted three more times on this thread but have not edited it???
You are full of it. If it was a typo you would have corrected after little fish tried to politely make sense to you.
Alas, I forget you don't give a sh-it, it was a typo, who cares??
Piss off fatass eLgordoboy.

You were brought up properly????? Either tighten the noose or take the tie off.

[toofargone]

Um, elgordoboy isn't the only one making personal attacks.

Duh

[fisher]

I don't have a dog in this hunt, but you folks get corrected on something and get offended? After you had all the ****z and giggles about his supposed typo? All your off-handed comments, calling him a dick, take the tie off, yada yada, etc are just trying to make yourselves feel good for making fun of someone.
Yes, I am laid back and live at the beach also, but at least I my parents brought me up properly.

The moderator of this forum should ban edgordoboy fatass for his personal attack. Seagrove girl you note buckhead ricks "pompous attitude" but overlook your "locals" insults, just making the situation fit your needs. You folks should be ashamed. Sorrry Buckhead rick doesn't belong to your little club.

Flame away.

If you stray from the party line on this forum, you generally get thrashed even if you are dead on correct. Take the so called "doom and gloom" real estate prognosticators that got thrashed even though they called the declining market spot on when the general consensus was the market was perpetually headed up.

[Indigo Jill]

If you stray from the party line on this forum, you generally get thrashed even if you are dead on correct. Take the so called "doom and gloom" real estate prognosticators that got thrashed even though they called the declining market spot on when the general consensus was the market was perpetually headed up.

Have to totally agree with you on this one, fisher. Kind of frustrating isn't it?

Regardless, I am glad Buckhead Rick pointed out the mistake that most people outside the financial realm make by using a "K" - I do it all the time! Had no idea it wasn't correct. Thanks for correcting us all!

[30A Skunkape]

I think one is thrashed when going against the party line when the line is confronted in a snooty manner. Addressing everyone as 'children' smacks of a certain air of arrogance that not surprisingly rubs some folks the wrong way.

[Beachbummett]

.
http://newsimg.bbc.co.uk/media/images/42855000/jpg/_42855263_wep-eyewire203.jpg

That's TWO DAYS Skippy!! In this market you've gotta step it up a bit!!



.

:funn: sorry...that was funny.

Perhaps he is so busy selling real estate he does not have time for us anymore. :biggrin:

[seagrovegirl]

I think one is thrashed when going against the party line when the line is confronted in a snooty manner. Addressing everyone as 'children' smacks of a certain air of arrogance that not surprisingly rubs some folks the wrong way.


thanks, Skunk......glad someone sees it for what it is.............

[fisher]

I think one is thrashed when going against the party line when the line is confronted in a snooty manner. Addressing everyone as 'children' smacks of a certain air of arrogance that not surprisingly rubs some folks the wrong way.


Puhleeze! :violin:

Stating opinions that are contrary to the majority party line is what ticks people off. People don't like to hear potentially bad news unless you happen to be very, very humorous like Shelly. It gets even more difficult for folks to swallow when your opinions end up being right and the party line was wrong. Then you get accused of being arrogant? :yikes:

[tistheseason]

Puhleeze! :violin:

Stating opinions that are contrary to the majority party line is what ticks people off. People don't like to hear potentially bad news unless you happen to be very, very humorous like Shelly. It gets even more difficult for folks to swallow when your opinions end up being right and the party line was wrong. Then you get accused of being arrogant? :yikes:

I'm getting tired of the implication that everyone on this board has the same opinion. And if you don't agree than you are "ganged up on". I enjoy this board because of the varying opinions. While it might be true that the opinions of the high # posters (of which I am NOT one) are heard more frequently. . . . it's simply because they post more. Instead of complaining about it. Speak up. Get to posting.

[30A Skunkape]

Puhleeze! :violin:

Stating opinions that are contrary to the majority party line is what ticks people off. People don't like to hear potentially bad news unless you happen to be very, very humorous like Shelly. It gets even more difficult for folks to swallow when your opinions end up being right and the party line was wrong. Then you get accused of being arrogant? :yikes:

OK, here is the post that turned this thread into a squabble: Sorry children, but in the financial markets (where I've made my living for 33 years) m = thousands, I have seen K used but mostly in the popular press and the comic strips ,not the financial press.
Obliously you all read read more of the latter than the former.

Fisher, if addressing people on here as 'children' is not a touch arrogant, please, let us all know what you feel to be a more appropriate adjective. That is all I am saying. Elgordo didn't even point out that BuckheadRick's post made no sense as his use of 'former' and 'latter' implies that those he was lecturing spend more time reading the 'financial press' than the 'popular press and comics';that would have been over the top.

I go contrary to 'the party line' on a regular basis but have yet to be banned, attacked, punished by ostracism or whatever it is that happens to folks who don't follow 'the party line'.

Perhaps it might be a public service to start a 'party line' thread and let us know what the board's consensus is on all manner of topic, issue by issue, so as to codify the official opinions. Good luck:wave:

[jdarg]

I'm getting tired of the implication that everyone on this board has the same opinion. And if you don't agree than you are "ganged up on". I enjoy this board because of the varying opinions. While it might be true that the opinions of the high # posters (of which I am NOT one) are heard more frequently. . . . it's simply because they post more. Instead of complaining about it. Speak up. Get to posting.


Yes, yes, the whining is becoming so tiresome. :roll:

I love the "party line" bit- and that people are assigning importance to it by complaining about it.:roll::roll:

[seaside2]

For what it is worth, k = thousands is the standard in the scientific community and m = millions (not commonly used).

I use k for thousands and have no intention to change.


"So there, BBBBBLLLLLLLLHHHHHHHH" (Lily Tomlin, circa 1968).

[Biff]

:floor:That explains that confused guy with a sheet over his head looking for the MMM rally:confused:

[ER]

Interesting development to such an initial simple question.

There’s such a double standard here. In many other threads people get lambasted for "stealing threads" or even roasted at times for the posting of unpopular opinions.

Who cares about K's or M's as it relates to the initial question posed under this thread? Both are used in today's real estate and finance communities. Last I checked, this is the Real Estate & Development section of the board. If you guys want to argue this and reduce yourselves to name calling, take it elsewhere. Kindergarten is closed for business.

ER

[Smiling JOe]

No wonder I was putting off reading this thread. What a trainwreck. Someone says that they were taught better, yet they do not as they were taught.

As I understand the m vs k issue, M is the Roman numeral for 1,000. M is also French for mil, which translates to 1,000. K represents kilobyte, or 1024 bytes, which loosely translates to 1,000 for many non-computer geeks. Computer geeks would never use K to represent anything other than 1024 x y (y=the variable number in front of the k). The problem in communicating k and m is that if you put an m behind a number for most people, they think you mean million. Why? Because in our world of technology, M represents a MegaByte, or 1,024,000 bytes, often thought of as 1,000,000 by us non-tech geeks, and the metric peeps. That is why it is important to clarify language sometimes, no different than setting appointments for meetings with people coming from a different time zone. Communication is important to us all. Using an m vs a k, doesn't make one more or less important. It's just what they do and know.

[30A Skunkape]

No wonder I was putting off reading this thread. What a trainwreck. Someone says that they were taught better, yet they do not as they were taught.

As I understand the m vs k issue, M is the Roman numeral for 1,000. M is also French for mil, which translates to 1,000. K represents kilobyte, or 1024 bytes, which loosely translates to 1,000 for many non-computer geeks. Computer geeks would never use K to represent anything other than 1024 x y (y=the variable number in front of the k). The problem in communicating k and m is that if you put an m behind a number for most people, they think you mean million. Why? Because in our world of technology, M represents a MegaByte, or 1,024,000 bytes, often thought of as 1,000,000 by us non-tech geeks, and the metric peeps. That is why it is important to clarify language sometimes, no different than setting appointments for meetings with people coming from a different time zone. Communication is important to us all. Using an m vs a k, doesn't make one more or less important. It's just what they do and know.

What is today's temperature in K at the circa Y2K development known as Watercolor where one can buy a house for 1M or 1000k? I wanna know, 'k?:biggrin:

[seaside2]

287.5944 degrees K, assuming that the air temperature is 58 degrees F as posted on AccuWeather.com

[seagrovegirl]

Regardless of K's and M's...the issue being argued is behavour.....difference of opinion got way out of hand and toofargone lost it!!! It was very entertaining, obviously, or there would not have been so much interest in it. K and M is fine...I think we all were able to figure out what BuckHeadRick meant with M......and we had some good natured ribbing, the BHR got uptight about....toofargone became the Nun with a ruler, etc...I don't have a problem giving this thread back to ER. We can just start another one and come back and check on the stuffy ones on occassion to lighten it up.

[fisher]

OK, here is the post that turned this thread into a squabble: Sorry children, but in the financial markets (where I've made my living for 33 years) m = thousands, I have seen K used but mostly in the popular press and the comic strips ,not the financial press.
Obliously you all read read more of the latter than the former.

Fisher, if addressing people on here as 'children' is not a touch arrogant, please, let us all know what you feel to be a more appropriate adjective. That is all I am saying. Elgordo didn't even point out that BuckheadRick's post made no sense as his use of 'former' and 'latter' implies that those he was lecturing spend more time reading the 'financial press' than the 'popular press and comics';that would have been over the top.

I go contrary to 'the party line' on a regular basis but have yet to be banned, attacked, punished by ostracism or whatever it is that happens to folks who don't follow 'the party line'.

Perhaps it might be a public service to start a 'party line' thread and let us know what the board's consensus is on all manner of topic, issue by issue, so as to codify the official opinions. Good luck:wave:

I thought you were saying that I referred to people as children. My mistake.

By the way, I generally agree with much of "your party" line thinking. :D

[elgordoboy]

Since this is almost a new thread I feel I can post w/o adding to the furor of the previous fiasco. There is no "party line" here. I began posting on the different side of a particular issue contra Skunkape, Bob, and SJ as well as others. You hand out some lumps and you take some lumps, sometimes it is hugs and kisses all around. Keep posting if you enjoy it, take nothing personal.

[Tootsie]

Have to totally agree with you on this one, fisher. Kind of frustrating isn't it?

Regardless, I am glad Buckhead Rick pointed out the mistake that most people outside the financial realm make by using a "K" - I do it all the time! Had no idea it wasn't correct. Thanks for correcting us all!

Jill - what is frustrating? I can understand someone who is not familiar with this board or this particular online community saying such. but I don't get what you are saying or why. can you elaborate?

[Tootsie]

:trainwreck:

Like, who cares about the m's & the k's? Seriously, who's got the hotel room for prom night?

best line on this thread by far! oh, besides the one by gordboy that I guess i missed out on entirely.

[MKH]

That explains that confused guy with a sheet over his head looking for the MMM rally:confused:

:floor::floor::floor::floor::floor:

I'm just getting caught up on all the drama I missed this week!