One of my favourite movies is Owning Mahowny. It’s a Canadian movie starring the fantastic Philip Seymour Hoffman as a banker with a gambling problem. The best line is when he tells his girlfriend, “I don’t have a gambling problem.” His denial is as outrageous as it is sad.
I’m sure an equally good movie could be made about a realtor with a sales problem. If you’re a screenwriter, I encourage you to run with it. I even recommend taking quotes from this North Shore News article where a 20 per cent correction is referred to as a “hiccup.”
There’s roughly a half-dozen classic quotes littered across the story. My fave is from “Special Agent Skinner” (an X-Files joke, not the realtor’s actual name). This is what the real guy has to say:
“We’re not into a tragic situation where people shouldn’t have bought last year. The North Shore is kind of a microcosm in Greater Vancouver that is extremely special… We’re really bulletproof for our lifetimes and beyond.”
Considering where we are in the market cycle, this quote is almost impossible to believe. I’m left to wonder whether the speaker had a mishap with a time machine and thinks the year is 2006. Seriously though, how is this comment supposed to be interpreted by a rational person? We’re not talking about an everyday optimistic opinion. Look at the words. Bulletproof for our lifetimes and beyond.
So much for the hype being dead. The spin is alive and foaming at the mouth.Photo credit: ThinkPanama