Thursday, December 29, 2005

Naples named most overvalued housing market in U.S.

That's according to the latest (third quarter) Housing Market Analysis conducted by National City Corp, a financial holding company, in conjunction with Global Insight, a financial information provider

The report named Naples, Florida as the most overvalued of all housing markets in the United States. A single-family, median-priced home there sells for $329,970, 84 percent more than what it should cost -- $180,956 -- according to the analysis.

Full story with list

16 Comments:

At 9:21 PM, Blogger T$M said...

Let me say this. I'm something of an investor myself. As a traditional Catholic of the old school, I've spent years tracking Catholic businessmen and philanthropists. A few years ago, Mr. Monaghan was quoted in "The Chronicle of Philanthropy" saying, "My overall goal in giving is to save as many souls for the buck as I can." Look it up. I think that says it all very nicely. That quote should have been in "Business Investor's Daily" or "The Wall Street Journal." Mr. Monaghan's no milksop philanthropist. A smart investor, that's what he is. I sure hope he gets as many souls to heaven "for the buck" as possible. Ave Maria Florida may be the most cost-effective soul-saving venture to date. And who knows. Mr. Monaghan and his closest friends may even turn a profit in all this. Would that be so wrong?

 
At 6:00 PM, Blogger J. T. Corey said...

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At 6:03 PM, Blogger J. T. Corey said...

T$M:

Are you crazy? THAT's not how you post something to this blog. Observe and learn.


From: Derivative screen name designed to show either academic superiority, self-imagined resemblence to a fictional character, or just general cleverness of current poster:

Angry opening statement at latest development. Snide comment about Monaghan. Quote from Chesterton. Partially correct quote from other literary work. Reference to encyclical (by Latin title) that current poster read part of once (in English). Snide comment about Monaghan and Dobranski. Patronizing sneer at another blogger's comment, then a phrase in Latin, and an ad hominem attack on Monaghan. Heavy sarcasm (which will need to be identified as such in a later posting) for another blogger's comment. Denunciation of anyone who disagrees with this post as either a coward or a lackey of the Board. One actual valid point about the negative effects of moving the law school to Florida. A quote from Scripture, Church Doctor, or popular movie to illustrate that God endorses current poster's view.

Phrase with annoying pointless British affectation. Another quote from Chesterton, just in case earlier quote failed to make other bloggers realize that current poster has read him.

Solemn promise that THERE WILL BE CONSEQUENCES, with vagueness in detail. Pious statement that shows current poster is usually a model of charity. Comment conveying the impression that poster has read either every papal encyclical released since the Council of Trent, or all of Chesterton. Inadvertent spelling error that takes something away from current post. Final those-who-do-not-support-me-are-against-everything-that-is-good type of statement.

THAT's how you make a post.

(Disclaimer: The above list is not meant to be comprehensive, nor is each element necessary for any posting to be an authentic WHOSEAMSOL blog comment. Above post done on a closed course by professional driver and does not guarantee that your investment will increase. The unauthorized reproduction of above post may cause drowsiness and is prohibited by law without consent from webmaster and Major League Baseball, tax and title not included, actual cooking time may vary.)

Happy New Year to all!

 
At 6:20 PM, Blogger J. T. Corey said...

Oops, I almost forgot:

The above post does not necessarily reflect the views of one Advocatus Militaris, whose Latin is flawless and who is a giant among men, and this poster had better remember that if he doesn't want to wake up at the bottom of Lake Erie some day.

 
At 11:08 AM, Blogger T$M said...

You forgot to include the most annoying of the unjustified attacks on Mr. Monaghan - those sickening milquetoast stories about broken promises, disrupted careers, and stressed families from all those former faculty and staff. Boo hoo.

If I were Monaghan, I would have fired the lot of whiners like Janet Smith, John Hittenger, and that recent economist Montes well before they resigned in disgust. And that Charlie Rice - envy - full of it from the get go. But, as I said, I'm old school. It is clear to any observer that these ilk are either unwilling to work, uncatholic, and/or lazy Bohemian intellectuals who just want to suckle off the teet of a hard-working entrepreneur who earned every penny he made.

 
At 12:04 PM, Blogger AMSOL Pioneer said...

t$m-

1) I would not be so quick with the ad hominem attacks on the people who may have legitimate gripes; but if you must do so, don't complain when others do it to you;

2) The problem there has always been with the "old school" is that it was all the worst sides of patriarchy - abrupt decisions, a "my way or the highway" attitude, and no patience for hearing both sides of the story if you've already made your decision. Your words exemplify this.

3) If you ever hope to be taken seriously in this forum, don't ever misspell the word "teat" in your postings. That's just plain sinful, man!

 
At 1:08 PM, Blogger T$M said...

"Teet" is the old school spelling. Look it up.

Tom Monaghan only finished high school. Did anyone ask him how to spell "teat", or "potato", or any of the other trivia words in liberal intelligence tests? No. Look at him now. *Chancellor* (the highest post) of the leading Catholic university in the country, and soon the world. For years, the students, graduates, and faculty at the University and Law School have reaped the academic and intellectual benefits of being affiliated with Monaghan.

As a devout Catholic businessman and follower of virtually all Marian apparitions, I may be only one of a few who have eyes to see Monaghan's visionary plan. Endorsed and publicized by Fr. Fessio, the plan is not to build a mere Catholic University. We've already got plenty of those. Who needs one more bunch of cranky Catholic professors squabbling over how many angels can dance on the head of a pin?

No, the university is only the capital investment. The real deal is to build a 100% genuine state-of-the-art all-American Catholic Metropolis, that will solve this whole "guitar mass" problem once and for all.

As for"patriarchy"...

Catholicism is not egalitarian. Don't you people realize that money and power are signs of favor with God? Haven't you read the Old Testament? Abraham was favored by God, and he became rich beyond his wildest dreams. And they say the streets of heaven are paved with gold. So if you're rich beyond your wildest dreams, and a pious Catholic, you must be doing the will of God.

God is using Tom Monaghan to single-handedly found a great Catholic civilization in Florida. I say let those who resist reap the whirlwind. To rebel against Monaghan's control over "his project" is to stand in the way of Divine Providence.

Let those who have ears to hear, hear.

 
At 1:15 PM, Blogger J. T. Corey said...

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At 1:25 PM, Blogger AMSOL Pioneer said...

LOL - my ears - and my eyes - are working fine now. Thank you for elaborating on where you stand. Most illuminating.

 
At 1:31 PM, Blogger J. T. Corey said...

I'm with T$M on "unjustified attacks" on Monaghan--there have been a few on this blog--but there have also been some critical comments and questions that I don't think are unfair. I don't mind the fact that people use this blog to shake a fist at Monaghan, I just suggest that posters keep all their fingers down when doing so.

As for the most recent of T$M's, posts...you're kidding, right? Please tell me your kidding. You're using that sarcasm I mentioned earlier that is so poorly done that you'll have to identify it as such in a later post, right? I got ten all-American dollars that says that Monaghan himself would give you a blank "Huh?" if you tried to sell that money-and-power-favor-with-God line to him. So I'll suggest one of three explanations for it. Either you're being too facetious for anyone to appreciate it, or you're trying to get people riled up, or else you recently decided that no matter what the doctor said, you didn't need any more stinkin' Thorazine--in which case, the next time you see Joan of Arc, tell her I said hi.

My own guess is that you're trying to lampoon something and doing a crappy job of it. Better leave satire to the pros, pal--it's hard enough even for us.

 
At 2:46 PM, Blogger T$M said...

Look. What's the root of all sin? Rebellion. So what's the root of all virtue? - control and obedience. And I say, the more control and obedience the better, just like in the good old days. How can these employees and alumni expect to take full advantage of Monaghan's often-stated promise to "take as many souls to heaven with me as possible" if they rebel against his unilateral control?

I for one hope Monaghan can pull it off. Only a man with his billions, his track record, and his willpower can purify the Church in America. Mr. Monaghan has said, repeatedly, that the University is "a gift to the Church". The fact that the Bishop of Naples has never visited AMU, and that the University's colossal oratory will not be part of the local Diocese, is besides the point. Fr. Fessio knows the Pope. He's never needed a Diocese, maverick loyalist to the Magisterium that he is. And neither Fessio nor Monaghan need Charlie Rice's obstructionism.

The implied purpose of the original post was to denegrate Monaghan's choice of Naples due to its overvalued housing market. But I ask, is ANY price (financial, professional, familial, or otherwise) too much to pay to be part of all this?

 
At 3:34 PM, Blogger AMSOL Pioneer said...

t$m, you couldn't pay me to be a part of all of this - and I'll wager you couldn't last any length of time under his thumb yourself. Totalitarianism is a wonderful thing - so long as you agree with everything the dictator is doing. What you call obstructionism, the vast majority of us (loyal, thinking, catholics) call reasoned dissent.

I still hold out the hope that you're not serious in your postings, but are, as Joe Corey obseved, inadroitly making points via sarcasm. For you to posit that the "root of all virtue is control and obedience" shows how flawed your logic is.

The philosophy you express is the sort that praised Nazi Germany because the trains ran on time. If this is the best Monaghan's defenders can do, it's no wonder he's losing the PR war.

 
At 4:35 PM, Blogger T$M said...

"Paying" is the wrong term. It's "investing". Mr. Monaghan "invested" in at least two Vatican visits just to get Fr. Fessio out of his disciplinary Jesuit assignment as an assistant hospital chaplain in the boonies of Duarte. He invested in 1,000 subscriptions to Crisis magazine. He is turning a huge profit on this land deal with the Colliers. He invested in the severance packages of fired AMC employees by binding them to a strict non-disparagement clause. Brilliant. Look it up. "Investing" and "handouts" are not the same thing.

The natural fallen state of you younger folk is rebellion. Monaghan knows this, and youth. Proof positive - Domino's may sell to and be run by the most number of people under 25 of any business in the world. Yet another example of his eye for youth - recruiting a fledgling go-getter 33 year old professor (with no prior experience as a department chair) as Academic Dean over all of AMU. Look it up. The Law School, when it comes under AMU, will surely blossom under such bold, youthful, and loyal leadership.

Let me get clear on what I said about money being the strongest possible sign of God's will. As the servant of Abraham said in the Old Testament, "The Lord hath blessed my master greatly: and he is become great: and he hath given him flocks, and herds, and silver, and gold, and menservants, and maidservants, and camels, and asses." (Gen 24:35).

 
At 5:15 PM, Blogger J. T. Corey said...

Oh, goody, the quote game. I know how to play this one: You quote Scripture to prove you're right, then I quote the same holy book to suggest otherwise, and the winner is the one who bores the most people. Try this. The latter part of Job 21, "The LORD gave, and the LORD has taken away, blessed be the name of the LORD." And then there's Mathhew 19:24, that bit about the needle's eye and camels, etc.

While we're on the subject of looking things up, may I point out to all readers that despite T$M's assertation about "teet," no such word exists. Someone called him on it, and he made up some horseshit about 'old school spelling.' How old? Are we talking B.C. or A.D?

I submit that T$M is what's commonly known as a 'troll,' someone who posts inflammatory posts just to irk people. I have to give him credit for the way he does it. He doesn't call Monaghan another Attila, he just portrays himself as a loyal Hun, thus making TM look bad for having such a loony follower. It's a common internet tactic when your screen name can't identify you. An abortion-supporting liberal in a chat room claims that he's a conservative, and Jesus told him that He loves to watch women who have had abortions burn in Hell. So all religious people and anti-abortionists are painted as crazy, misogynistic schizophrenics because one crafty person represented himself as such.

Two possible reasons. 1.) T$M isn't attacking either Monaghan or AMSOL grads, he just doesn't like Catholics. So he claims to be Catholic, and paints himself as a zealot control-freak, thus making all Catholics look bad. 2. He's a misguided Catholic who really hates Monaghan, and is endorsing Monaghan because he knows that painting himself as a twisted sicko will make TM look bad for having such a follower. Nobody looks good when he's endorsed by a wack job.

My suggestion is to ignore T$M and he'll go away. He might come back under another screen name, but you can recognize him by his foaming.

 
At 9:40 PM, Blogger T$M said...

In my office, next to the photo with Sparky Anderson, is a bronze bust of Teddy Roosevelt inscribed with "...the man who really counts in the world is the doer, not the mere critic - the man who actually does the work, even if roughly and imperfectly, not the man who only talks or writes about how it ought to be done." Alright, so TR was Dutch Reformed, but he could have been a good Catholic businessman. The point is that my posts speak for themselves and don't need some done-nothing whipper-snapper to tell people what I said. Plain talk may be tough for you overanalyzing academic types to understand, but that's how business graduates from the school-of-hard-knocks operate. That's why Monaghan & Fr. Fessio get along so well. Fessio is no academic; two schools shut down under his watch (Campion and Ave Maria College). Fessio is a businessman. Ignatius Press is a $10 million/year enterprise, and any other Catholic publisher will tell you that they play hardball. Good. Who needs mom-and-pop anti-Monaghan paleocon publications like The Wanderer and New Oxford Review?

In "Naples Illustrated: The Magazine of Gracious Living" (2003), Monaghan said "I see our school (AMU) as a type of spiritual military academy." Bully, Tom! As stated earlier, who needs more Catholic universities centered on academics.

So, instead of spending the night looking-up the history & spelling of "whipper-snapper", go read Monagahn's biography "Pizza Tiger". I've read it at least three times.

 
At 11:12 PM, Blogger J. T. Corey said...

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