Goodbye Housing Bubble



Uploaded by: john67elco
Video Description:
Photos are of Mortgage lenders that are bankrupt or gone.
Commentary at the end of video is from Peter Schiff at www.europac.net He said all that ~6 months before the "Mortgage meltdown"
Beginning song: Josh Groban-Remember When it Rained
Last song: Tears for Fears-Break it Down Again


Tags for this video: Bubble estate foreclosure Housing real subprime

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who sings and whats ... ( 6 months ago by cratesors)
who sings and whats the name of the song?
I want to download it... i like it.
Beginning song: ... ( 6 months ago by john67elco)
Beginning song: Josh Groban-Remember When it Rained
Last song: Tears for Fears-Break it Down Again
thanks ( 6 months ago by cratesors)
thanks
Dude it already is ... ( 6 months ago by TheEclecticStation)
Dude it already is collapsing. I can't even go into Canada anymore and have good buying power.
a fool and his ... ( 6 months ago by lordweaselfreak)
a fool and his money are easily parted.
It Must Be Said ... ( 5 months ago by moneywhat7777777)
It Must Be Said Then How Does A Fool And Their Money Meet? If This Is Not Possible Then It Must Be Assumed That Smart People Are At Times Fools. This Is The Time When Greed And Fear Take Over. Fools And Their Money Do Not Part Money Turns People Into Fools And The Only Time They Wish They Were Smart Was When They Had The Money In The First Place Sadly As Close To The Truth Of Life They Now Are They Will Reach Again For The False Dream Simply Because It Is All They Know!!! Indeed Fools IndeedEVIL
To Think These Guys ... ( 5 months ago by moneywhat7777777)
To Think These Guys Are Stupid And Society Is Smart IS Valid On The Exterior But Don't Kid Yourself This Is All Happened For A Reason They Were Just The Executioners Of A Grand Plan The Same As 07 And 29 And 87 And Now Crush Everything And Everyone And Buy It At The "Real Bottom" Notice The parallels Between 20-26 And Now Quite Eerie I Would Say The Dollar Will bounce And Then Crash The Yen Will Surge Despite Intervention And Equities Will Crash This Will All Happen Within A Short Timeframe
Break it down again ... ( 4 months ago by dreamsenvoy)
Break it down again
No more sleepy dreaming
No more building up
It is time to dissolve
Break it down it again
No more sleepy dreaming
tears for fears
STUPID idiots YOU ... ( 4 months ago by tomincal)
STUPID idiots YOU should NOT have PAID so MUCH L o L
Housing bubble is ... ( 4 months ago by ourearthhome)
Housing bubble is really a land speculation bubble. Only the land portion of real estate has gone up in price because land is in relatively fixed supply. The speculative value of land is an unreal value totally depending on the next person to buy in and continue the scam. When banks loan money to fund the speculative value of land they put themselves at great risk because speculative value of land can disappear overnight as the Japanese banks learned in the 90s. Google "Henry George" to learn.
Why don't you go ... ( 4 months ago by jjbrouwer)
Why don't you go look up who's buried in Grant's Tomb?
I mean Good Lord. It's called Weimar style inflation for a reason.
The more stupid are ... ( 4 months ago by webaroos)
The more stupid are the American voters who brought this rabble upon themselves.
Is it wrong that I ... ( 4 months ago by StiggyStigStig2007)
Is it wrong that I laugh so hard at people who've lost - idiots
speculation, thats ... ( 3 months ago by destroypolitics891)
speculation, thats such bullshit! a bullshit excuse to hide the fact that elected presidents and their economists are the ones actually responsible for rising societal costs by making phones calls to wallstreet! nice try taking blame off the responsible fuckhead miserators through
destroypolitics: ... ( 3 months ago by ourearthhome)
destroypolitics: Power is being abused, sure, but what you do not know because it has been eliminated from economics education and public discussion is that there is a real economy under the money game. In the real world ownership of land and natural resources is monopolized and land speculation is rampant because land value is created not by the landowner but by the society as a whole motivating the biggest get something at the expense of others game in all history. We ignore it at our peril.
i cant believe that ... ( 3 months ago by destroypolitics891)
i cant believe that, war and economics yes but speculation is powerless. speculation theoretics are absurd
Speculation is part ... ( 3 months ago by ourearthhome)
Speculation is part of all societies and economies throughout all time. Commodity speculation is especially inviting and is what is going on now with oil. Land speculation is the grandfather of all speculation because land is relatively fixed in supply more than most things on top of which it is an absolute necessity for every human activity. Land speculation is the dirty untold story in American history. You deny it because it is forbidden to be taught. Mission accomplished for speculators.
bullshit!!! ... ( 3 months ago by wanz808)
bullshit!!!politicians made fucking housing prices sky rocket in year 2001 with the help of the wallstreet warmachine, people tried to buy anyways so they could have a place to live and be happy! but thats something politicians don't want! they want poverty homelessness misery and genocidal fucking conflicts.
thats what leaders are, conflict strategists! thats all they do! and thats all group leaders are for.
I heard a lot of ... ( 3 months ago by kea444)
I heard a lot of banks don't bother with foreclosures - they just leave the property in default & let the owner stay there. The story was the properties are worth less than the mortgages so why let them sit empty & get vandalized when they can keep it occupied until prices go up & then foreclose & not take a loss. Any truth to this?
Oh, and if you can't plan to afford 10-12% interest over a thirty year mortgage, you're an idiot & should lose your house. Doesn't anyone else recall 20% spikes?
No, people bought ... ( 3 months ago by Creator01)
No, people bought homes to make money, creating artificially high demand. They were speculating.
INDYMAC BANK IS ... ( 3 months ago by ChiefHumpingDog)
INDYMAC BANK IS NEXT. MARK MY WORDS.
How did you know? ( 2 months ago by SlyJunt)
How did you know?
Too much hands ... ( 3 weeks ago by forrest2city)
Too much hands where dipping in the housing market. The lenders, the real estate agent and the flippers.The houses are smaller land space is not much inferior materials yet the price i beyond most people
since point in the ... ( 2 weeks ago by VegaV77)
since point in the vid but next time right click your audio track and turn it down a little



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