Backlash From USA Today Story
Some of you readers may have noticed I was mentioned briefly in a USA Today article on real estate and stocks that headlined yesterday’s money section.
I was pretty upset about some mis-characterizations in the story as it made it look like I dropped out of the real estate game in 2005. Of course those that know me, know different. Here’s what some of them said.
Byron Goates - my mortgage boss emailed me and said:
Dude,
You made it to the national news you are now big time!
I replied:
Getting media attention doesn’t mean anything.
Byron concluded:
That’s excellent. [referring to this] Maybe you can get your own article in USA Today! I have attached your title report.
A business associate I don’t even know very well emailed me with the following:
Nigel,
I was reading through USA Today last night and I saw your comments about stocks and real estate. Very cool. You’ve got some good stocks in your portfolio. Revlon and P&G are said to be recession proof because they’re cosmetics and smaller household items that people will always need. Wasn’t sure if you were aware that you were in the news. Here is the link in case you didn’t see the article.
My home builder boss, who’s out of town at a national convention wrote:
Good Morning Nigel,
I guess by now you know that you were quoted yesterday in USA Today…I’m impressed. This must be the power of blogging….At any rate, I have a copy of the article and will bring it back with me. It’s a great article about how investors are moving away from homes (real estate) in favor of the stock market. We knew that would eventually happen. It hurts our industry when the investors jump in and when they leave, so that’s good for us in the long term. Homes really are for residents….Congratulations on your new status as the real estate investment expert from Salt Lake City!
Thanks for the kind feedback everyone!
I know that anything publicized about me won’t necessarily get kind feedback from my Internet critics. Over at the main housing bubble blog, the USA Today article was spotlighted and the feedback wasn’t so kind. Oh well, Internet strangers don’t make my house payment. Satisfied employers and clients do.