HOUSING CRASH. FRENCH VALLEY, CA

[Amari321]

Were all living in a fictional world (Wonderland) look up ucc-1 sovereignty, our government owns our physical bodies we are slaves, every American citizen has a 1,000,000$ bond on there lives so wen we die they collect. We are living in a revived Roman time Jus like the Bible says n the end times. Repent now and come to Christ b4 its too late

[caljackr]

Typical American suburban sprawl ugly crap stucco shacks made with garbage materials. America is a scam.

[TemeculaValleyLapse]

When I moved to nearby Temecula in 1999, French Valley did not exist. Only a couple ranch homes/properties, some dry farming, lot of open space with wildlife (especially Bobcats and Mule Deer) and only one paved road, Winchester Road (SR-79) which was only 2 lanes wide at the time. Now, almost all of the above is gone from the area - it has turned into a traffic-snarled, poorly planned, overcrowded cramped soccer mom suburban crap lot. I liked it better 12 years ago when it was beautiful.

[prkoqui]

find some off them here forecloseddealz.cogia. net/

[dave4tampabay]

french vally rocks no body to fight with quite lots of room to play use the pool next door yea baby what a place

[lizzardking777]

this is from sept.07 think how much worse this has gotten since then!!!!!!

[ComedyCityFilms]

french valley is pretty chill. i really like it even though lots of the houses are bank owned

[inkey2]

the design of these houses is just awful looking

[bosstrav]

Save your neighbor, Hang a banker

[aifammafiaaifam]

squat the planet.....the banks are killing you....and you no it

[bb4960]

When an area is discovered to be under the control of clandestine subterranean lab facilities applying synthetic telepathy/neuro-impulse weapons technology to secretly manipulate society and individuals for assorted eugentical programs, it is inevitable that "housing crash" will occur. When scientists can secretly abduct and condition, inflict illnesses and diseases upon People, an area's real property is rendered essentially worthless. These secret facilities must be closed.

[StinkFingerr]

Very disturbing.

[felipe22447231]

porra eu nao se ler ingles

[HunsV]

I flew in to French Valley today for a hamburger. From above you see a whole lot of nothing surrounding the town, and tracts of typical suburban cookie cutter mass developed homes snaking out in several directions. I prefer my 100-year-old neighborhood, where every house looks different. Makes it much easier to find a place when there aren't 500 that look exactly like it on a street! They have the same thing going on in Las Vegas. It all looks the same. TINY parcels, no charm at all!!! BORING!!!

[ionthegravity]

i depends on how you grew up...I'm from Levittown, Pa...the ORIGINAL cookie cutter community, and i find it comforting

[ne0nsurf]

what a gay ass name for an area. the "FRENCH" valley??? hahahaha was doomed to failure.

[ne0nsurf]

maybe if they didn't build such shitty small homes they might actually sell. just a thought. quit skimping on quality you greedy faggot construction losers. quit hiring illegal aliens. you bring nothing to this country except your greed. fuck off

[nicoya31]

I have never understood why people say that they own something when they haven't fully paid for it. If these houses were theirs, they couldn't "lose them" so I don't get this bs that the msm gives us about people "losing their homes". Anyway, it's certainly sad though that adults would behave in such an irresponsible way. Personally, I'll continue under-consuming because in my mind, you never know and I could be jobless and need to tap into my savings...but maybe i'm just paranoid!

[GoldSilverLead]

A most excellent strategy to employ. Living below your means and preparing for a rainy day (looks like rain to me). Who woulda thunk it?

[689362003]

@nicoya31 i have been watching these vids since this vid went on youtube i love being able to watch it now with $40,000 in my pocket and some gold to back it up. its funny being 20 years of age haveing this much cash and watching my friends being broke with brand new BMW's in there parents driveways and im renting a basement for $300 a month and taking the bus to work life is good =)

[alyr315]

@nicoya31 You're not paranoid at all. You're Perfectly right. I say this to everyone too. YOU MORTGAE the house, not owning it. And even if the mortgage is paid, you don't own. How can you own something and still pay tax on it? Makes no sense. The land is not yours, so you pay rent , but they call it Property tax. You're very smart in how you think.

[SBFHawk1]

@alyr315 Thats why the American dream is all one big lie and illusion. We are not truly free or even understand whats its like to wrap ourselves around the constitution and really practice it. We have not because it been stolen from our people! We have no idea that we are slaves to this system. But freedom comes from Christ. Turn and repent so that you may be able to enter the kingdom when it comes. God will crush this world false illusion you call the dream!

[Kaasko]

@alyr315 chargin taxes on land is a big ripoff from the corrupt gov never was intent to charge tax on land, is just a robery, BIG SCAM

SHALOM

[abbittibbi1]

The dream is over. This way of life is nothing less than stupid.

You are harvesting the seeds that we're planted.

Dragging innocent victims in your nightmare. A very tiny bit of cooperation, socialism, moral and also a bit of self-criticism would have avoid this; go cry now trying to remember when you use to laught and not think.

I'll have my cheap house out of this mess and will not cry over massives bankruptcy.

YOU CANNOT EAT CASH. But it can be used to heat....

[manofmusicx]

this is my town and i have no sympathy for these people. they are materialistic with h2 and harley davidsons trying to one up on thier neighbors spending money they never earned but just got an ass raping of dept that made them look like a product of wealth but that wasnt the case. now i bought one of thier houses pennies on the dollar. probably one of the people who thought they where better than me because i was an electrician they hired not realizing i made as much probably more than them

[brettrobson1984]

you right friend, A lot of people are going to learn a lesson the hard way. only problem is we are paying the price too

[fueledbymusic3]

NO FUCKEN SHIT. And WE (who are careful with our money) have to PAY the price too! Unbelievable!

[ssike0]

@manofmusicx You dont know for a fact these people looked down you. If anything they were probably wary you were ripping them off, as most plumbers and elctricians tend to. What is sure, is that you do thnk you are better than them. You re probably the type that hoards cash and will end up dying with wads of it gone unspent only to be spent by heirs who couldnt wait for you to kick it. Have a nice day.

[pashka0843]

cant wait til it comes to Portland, OR area, so then I can actually buy me a beautiful house

[monkeyman1140]

I'm waiting for the crash to come to Oklahoma. People here are so arrogant, thinking that the state is immune to foreclosure. Here's news, home prices here are way out of whack, at least 50 to 100 percent over their true value. With low wages and a new GOP dominated legislature here, 2009 will be a financial bloodbath in Oklahoma.

[LucasFormosoSilva]

OMG!!!

My neighborhood is not so perfect and pretty as this Who deferred payment in these houses really has luck

[migo53333]

Americans...who the fuck wants to live like this????? Houses are 10 feeet apart.....oooooohhhhh the Jonses got a new SUV.... ooooohhh the fredericks got a new widescreen, i saw the empty box in the garbage, i want to see the whole roman empire collapse......material greed, so sad......

[LucasFormosoSilva]

I am not American, I I am Brazilian.

If I was you I respected the customs and traditions of its country, pro more ridicule that they can seem, after all you are part of it

[LucasFormosoSilva]

I am not American, I I am Brazilian if I was you I respected the customs and traditions of its country, pro more ridicule that they can seem, after all you are part of it

[migo53333]

i dont understand your sentence structure....

[fueledbymusic3]

ME NIETHER!

[moniequa]

Be nice he is still learning English.

[manofmusicx]

i totally agrre with you this is my neighborhood and i do servivce work for these people french valley murrieta temecula .......spending money that was given but never earned. trying to one up thier neighbor with a h2 hummer and a harley they had no idea how to ride no sympathy here

[PoliticalSense]

I just brought a home in Sacramento for $20k yes $20+ and just got to spend $6k in renovation. It was a foreclosed home and the previous owner owe $187k to the bank.... what the

[SpeedingStudent]

You are living my dream. Buying a house in a coveted area for less than the price of a new Audi A6...you bastard. I salute your accumen.

After grad school, I will do the same for myself.

[MNSLproductions]

I live in French Valley! buy my old house people, 2 story, 2 balconies, granite countertops, cherrywood cabinets, partially painted, 3 car garage, 1 acre backyard, and its in a nice neighborhood with great veiw of palomar mountains. Did I mention that it's right by the airport and school. 5 bedrooms,4 1/2 bathrooms. and 2 open spaces, 1 upstairs and 1 in the hallway. It has a fireplace, and a den with a dining room next to the living room. I can't beleive we have to move :( Under 400,000!

[LGLG69]

Today there is too much confusion and heartaches with all this adjustable rate nonsense. Lenders need to go back to just doing loans like in the old days...fixed 30 year loans. They've screwed too many people up by doing that. Well, hopefull this new mortgage bill will help people get affordable loans without the nonsense.

[George11Best]

everyone wants to be a capitalist until they lose their ass and then they blame everyone else. No sympathy from me.

[moniequa]

I agree with you. They only have themselves to blame I hope they lose their jobs too so will nothing.

[wenrock]

amen - when foreclosed upon people say they "lost" their home, it makes me shake my head - if u didn't put any $ down, how was it ever your house? if you didn't share in the risk w/the lender, what exactly did u lose? bragging rights? I don't mean 2 b callous bcuz I understand people wanting the "American dream", but the mentality of I want it now is impatient at best - I'm sure there r exceptions, but people that had 2 have that $800K house bcuz their friends had 1 r hard 2 sympathize with

[wenrock]

the "Amen" was agreeing with George1Best - guess I hit the wrong button

[HunsV]

I prefer to be a capitalist because I've never seen a socialist system that doesn't stifle the shit out of everyone & remove incentive for people to be something more than a grocery store clerk or a bellhop. Or just sit around on the dole drinking and watching tele (big problem in Wales right now.) Properly regulated capitalism with a modicum of social services, that's the ticket.

[Silvertrine]

Capitalism shouldnt mean families are put up 1000ft in the air and told to walk a tightrope. Thats bad enough then you a republican government that allowed bankers to come along and push people off well thats inhuman. We have the capability to construct a more humane society, even if its not the most efficient way its the right way. Your vision is disgusting and bestial and I reject it.

[Puzzoozoo]

Just an observation from a non-American on the drive around that housing estate, I didn't see a single shop, not even a single post box, not a single park or play area, or any sign of a school, I take it the American's still living there had children, just rows and rows of houses.

[nqdenise]

Oh, we here in America have cars for all that. We don't expect our little darlings to actually walk anywhere.

[Puzzoozoo]

There is a product over here in Europe called a bicycle, lots of children and adults over here ride them. They get you from A to B and don't use gas, and as a side issue get you more fitter. ;-)

[MNSLproductions]

do you know how big the county is? How can we always ride a bike

[Puzzoozoo]

Well I used to ride a pedal bike 5 miles a day to get to work and 5 miles back homw att the end of the day, but I was a lot younger then, and didn't think much of it. Couldn't do it now though - I'm 51. But if the county is so big public services buses will have to be introduced. Either way, the American concept of Suburbia, is over, it is none sustainable. The future will have to be local, as there is no other way forward.

[teenwitchlovergirl]

so sad. So empty.

[neil7d]

Debt Solutions Group can assist many homeowners with loan modification and renegotiations. For free consultation, please call 888.844.3557 ext. 6115 or 6103.

[666XZ]

ghost town?

[lucidgenius88]

american politics wont even allow american peOple the freedom to own tax free land, so that they can send citizens to the gutter through inflation and tax rise! the only free poeple are the ones who dont pay property tax! yes natives! they have all the services and no tax! WHILE WE GET ENSLAVED INTO POVERTY HOMELESSNESS AND DISGRACE! NO SUCH THING AS APPARTMENT BUILDINGS ON NATIVE RESERVES! THATS TRUE FREEDOM! NOT THAT FAKE SHIT DEMOCRACY THEY FILL YOUR ASS WITH on tv

[smellmyface2]

It's called KARMA

[HunsV]

Considering their entire culture is about 1% of what it used to be & we are building millions of boring cookie cutter houses on land they used to freely roam, I still think they got the bum deal.

[pastry1225]

The first street was Joltaire, right?

I live in French Valley and I'm in danger of loosing my home too... On my street alone there are 16 houses for sale or rent within 2 miles... its horrible, but its also a great neighborhood. Nice houses, just all for sale.

[john67elco]

Starting at 1:37 I was heading south down Joltaire then i took a left on Tahoe, then I went left on Capri. The culdesac that had 3 of the 5 houses for sale was Modesto Cir. God I hope you get out of the home in one piece.

[clannon]

French Valley is WAY over-developed! Not long ago, it was all farm fields.

[johnnypunish]

Welcome to the decline of the USA. Your leaders are globalists, not American Nationalists! You're just the wage slaves they take to the slaughterhouse while you thank them for it. Extreme Capitalism! The New X Games!

[stahls420sel]

Well, all I can say is home prices will drop more and foreclosures are on the rise. Beautiful heart of Silicon Valley got hit with the housing crash where people high rolled with fancy cars and materials too bad that they got hit. I sold my properties before the crash.

[genyav]

I'm sure the thousands of people that thought they were going to get rich on real estate had nothing to do with this bubble. It was all the feds fault. Oh yeah, and the president. (sarcasm)

[gdcapra]

The Hedge funds, Wall Street Banks, rating agencies and the Fed created this mess. It boils down to this: The richest investors in the country took advantage of millions of middle income people and both of them lost. Fortunately, for the rich, they can write off the loss, and live off their investments in gold and the Euro. They'll outsource your jobs, foreclose on your home, and lobby for bigger tax cuts. If you voted for Bush, you got what you deserve.

[00643981]

"If the people understood the rank injustice of the money and banking system, there would be a revolution by morning." - Andrew Jackson "Our goal is gradually to absorb the wealth of the world." - Cecil Rhodes. "The Federal Reserve is the most corrupt institution the world has ever seen." - US Congressman Luis McFadden. "Banks loan money they DO NOT HAVE" - John Maynard Keynes. "A "loan" made by a bank is a clear addition of money into the community." - Encyclopedia Britannica, 14th ed.

[pastry1225]

Yeah, but the banks are screwed too. They loose money on every foreclosure.

[WesSeid]

Banks get bailouts paid for by you. Also, look at the ridiculousness and outright thievery put on the American people from Bear Stearns and JP Morgan and the corruption-incarnate that is the Federal Reserve.

Other than that, I'll say this to all the people who bought McMansions: "Don't buy stuff you cannot afford."

[moniequa]

Yes I agree with you, most of Americans, especially lower middle class, try to impress everyone by spending beyond their means. Don't keep up with the Joneses if you don't have the Joneses' income.

[WesSeid]

Possibly the worst part about keeping up with the Joneses is when they later find out the Joneses were living beyond their means all the time, too.

Congress passed the readied bailout of Fannie Mae/Freddy Mac last week. Our children's children have now been shackled, even more than they were already. The Federal Reserve is the biggest scam in the history of the United States.

[moniequa]

I wonder how many people know that.

[moniequa]

We haven't seen anything yet, the economic collapse is yet to come. And those of you who are still looking for houses, please buy one right away because you don't be caught without any debt. The best to protect yourself is to take out huge loans.

[00643981]

Imagine working to build this country, then finding out that you don't have enough money to buy what you have just created. Bankers have conned us all... We are forced to use a money system that is corrupt by design, stealing from those who do the real work and giving it to those who do nothing. "Wealth doesn't disappear, it only changes hands." Who has it now?

[00643981]

The "Fed" is an unconstitutional, illegal monopoly on the creation of money. Our constitution specifically states that only Congress can create money, only in gold coin. What has happened since the Fed has been running things is that wealth has been cleverly stolen from the working man and woman and funneled into the pockets of rich bankers. They run the show, not politicians! Google Video: "Money as Debt" and "Fiat Empire".

[lennyfest]

its reality,,,dont listen to real estate agents they are liars ,, real estate agents all have the same story they tell everyone is a great time to buy ,, if it was such a good time to buy why then is no one buying anything , there liars there worse than used car salesmen ,

[lennyfest]

If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now

[askmeif]

Housing was out of control, house is crashing like all the rest, and I say God bless it and THANK YOU, that are children will someday be able to buy a house with a regular job income. It was crazy, and we should all be ashamed of ourselves mortgaging the future thinking " i got mine" .

[emersonballa2]

isnt this music a little melodramatic for an economic topic?

[waderm810]

and another thing! we are all greedy! you vengful people who didnt buy? try explaining to the family crying on the driveway of the house that you have just evicted that morning that they have been greedy! one of my (victims) had been paying the mortgage on his credit card for the past nine months as he was too shamed to tell his wife and family that he had lost his job. eventualy the credit card limit ran out. im ashamed.

[waderm810]

im just about to loose my job as an estate agent in the UK, its happening here too!!!, we are all doomed, even the ones who think they are immune and waiting for bargain. they are likely to have parents with real estate thats to be one day inherited? mmmmmmm not so quick to put up a bitter comment now are you! a jobless bitter used up sold out ex-estate agent fom the uk. ps i must add this is the most engaging vid on here for a while.Cheers bush and blair!!!

[coasteys]

actually in australia house prices are at record highs and continue to go up and can't see them slowing down for a while. Its all due to the overheated economy. But as the old saying goes "what goes up must come down".

[dr1345]

like a penis!

[gzies1]

It's gonna take time....well said !!

[planet9]

Reminds me of the suburb from the 1982 movie 'poltergeist' I'm sorry about your government too.

[796824]

Would be nice if there was a better choice of music

[myutube1960]

I cab't wait for the prices to go down, down, down. . . . . I'll love ti buy me a good deal I've been saving my money and I am ready to get a house but it has to be a real good deal before I'll risk my hard earned money.

[anthonyonline405]

I'd say wait to just start THINKING about it not until 2010 and IF by that time you still want to own, don't purchase until 2014 or so.

In the meantime keep your hard earned money in bonds and rent. Do not invest in too many movable goods and try to buy a used car. You want to cut down on paying credit, period.

[cecilbdml]

It shouldn't be a risk EVER to buy real estate...IF you're doing it for a place to live.

If you're buying real estate as an investment, then I have to say you're a fool.

[alanhowitzer]

Peter Schiff rules!

[sexomaniac]

Incroyable on dirait une ville fantome.