several years. Without the wealth effect from real estate gains, Weller suggests Americans will find it harder to buy that new car, pay for college or go crazy at the mall,and what’s more, many people may be in dangerous loans. That spells bad news for the economy writ large… Read Christian’s report, “The End of the Great American Housing Boom” here: www.americanprogress.org WWW.AMERICANPROGRESS.ORG … house real estate economy bubble seeprogress mortgage loan bank money finance market …
23 Responses
Saban1983
July 3rd, 2009 at 12:08 pm
1Tuscaloosa, Alabama is a fine market to invest in as well.
DrewDownsManagement
July 3rd, 2009 at 12:08 pm
2Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.
3089280288
July 3rd, 2009 at 12:08 pm
3No more damm arms or subprime loans! Give everyone the cheapest money on thier primary residence and people can stay put.
sctullie
July 3rd, 2009 at 12:08 pm
4Montgomery Alabama is still during well compared to the rest of the country. Great place to invest.
mgilbo1
July 3rd, 2009 at 12:08 pm
5Yes I do. If you buy a house, its not a great investment but if you buy apartment complexes or multi-units, they are much better investments than any stock or mutual fund because it gives me cash flow. Mutual funds don’t give me cash flow and stocks don’t either unless you get dividends. But even then you have to tie up ALOT of cash to make money on dividends and even then they aren’t guaranteed. Single family homes are not good investments but you have to live somewhere.
54spiritedwill54
July 3rd, 2009 at 12:08 pm
6The fed zzz on the job
americanplanninginc
July 3rd, 2009 at 12:08 pm
7I LOVE THIS VIDEO.ARTHUR ROBINSON
shudderbug
July 3rd, 2009 at 12:08 pm
8Gold has quadrupled in the last six years. Google has gone from $85 per share to over $700 in less time. There are over 20 mutual funds that have returned 500%+ for the last five years, including one that is up over 1,000%. You still think Real estate is the best investment? I don’t.
antipovertycultz
July 3rd, 2009 at 12:08 pm
9Politicians use the mobocracy system in housing by charging taxes every year on the property you have already paid the day you cant pay you lose your house, like a mafia movie By increasing taxes every year there would come a time
where you cant pay that high. The result is inevitable mass homelessness for the middle class and rising rents for the poor while wages stay low. SO you can thank god for a housing crash.
antipovertycultz
July 3rd, 2009 at 12:08 pm
10I consider it a POLITICAL/social crime that a poor or middle class family be prohibited by politicians from getting decent modern housing by negating property ownership through politicaly engineered hyper-inflation. INFLATION rises rents
and creates homelessness! any halfwitt economist and politician knows this.
Sarakahn
July 3rd, 2009 at 12:08 pm
11Uhhhhh…Every fact presented seemed as important as every other fact presented. I don’t feel any smarter.
alanhowitzer
July 3rd, 2009 at 12:08 pm
12Humm… Are you in the mortgage industry? I think people are not buying not because they can’t find a mortgage but because houses are too freaking expensive.
lividmany
July 3rd, 2009 at 12:08 pm
13Don’t worry. The people of today won’t behave at all like those of the 30’s did. But rest assured, when folks turn upon and eat each other, the cannibals will do fine…
phyllisdb
July 3rd, 2009 at 12:08 pm
14The current trials and tribulations of the home mortgage market stem from a re-pricing of risk (impacting the financial institutions and institutional investors who bear the risk for home loans). There is no shortage of mortgage money — this is not the case; as you have seen on television and/or on the internet, there are lenders desperate for customers.
o16v6h9v
July 3rd, 2009 at 12:08 pm
15“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
63l5r21111
July 3rd, 2009 at 12:08 pm
16“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
o16v6h9v
July 3rd, 2009 at 12:08 pm
17“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
gizmosells
July 3rd, 2009 at 12:08 pm
18The fed zzzzzzzzzzzzz on the job
torpedodropkick
July 3rd, 2009 at 12:08 pm
19So a Depression is now coming and so is the revolution!
shazza007
July 3rd, 2009 at 12:08 pm
20home prices are just dropping like crazy now. but here in LA it’s still rough.
lennyfest
July 3rd, 2009 at 12:08 pm
21anybody that is thinking of buying a home now is a fool,, home prices will decline 30% over the next 18 months ,, watch and see ,, buckle up people ,,
Migsoon
July 3rd, 2009 at 12:08 pm
224384 visiters-1 comment. Reality Check Time!
We had it all figured out. 401K. Kids all educated,on their own.
As I see it,a fat America getting fatter,cancer holding its own, many “newer’ problems associated with life styles-It’s going to get a lot worse as aging America deals with illegal America in an effort to stay alive in the near future. Who worries about terrorism when it’s a self-destructing social nightmare?
wonbadappl
July 3rd, 2009 at 12:08 pm
23Who is this guy? Frazier crane?
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