Jim Cramer Flip Flops on Housing

[123ableTHERollyboy]

Sit at home and make more money in 15 minutes than most make in a week. Come visit my website, just google Gold Trading Academy to learn more.

[stringcheese9]

NO ONE should EVER listen to this ass-clown. He's a total joke. Listen to what Peter Schiff is saying. He's the only one that gotten anything right over the last 6 months.

Cramer and all the other bozos on CNBC are merely trying to get people to BUY, BUY, BUY.

That is their only job. To sucker us into the Market. Period.

[aTibetLover]

Jim Cramer is a total clown. His advices are unbelievable stupid. He should be arrest for fraud and assault on people's wealth.

[harley1932]

Jim, Did you have to pee in that photo? You were stepping back and forth like your bladder was full.

[adrock5151]

The Housing Implosion, Ka-Boom!!!

[lennyfest]

BE SMART DONT BUY NOW.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.

[msaghirmd]

Hey reobert0380 were the masses wrong about the great depression?

[robert0380]

I think now would actually be a good time to start buying property. Usually the masses are wrong when it comes to markets. The time to buy is when everyone thinks it's time to sell and the time to sell is when everyone thinks it's time to buy. This strategy usually works for me.

[Zeldovich]

When you find a good value, you buy it. It's that simple. Right now, income properties might be easier to find.

[atombomb31458]

I agree. Whichever way the herd moves--move in the opposite direction. By the way I bought in 1995,2000,,,and 2003. I'm waaaaaaaaay ahead on the 1st two and even with 2003. Expect a further decrease-then a quiet increase come end of '08 or early'09.

[lennyfest]

BE SMART DONT BUY NOW.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.

[attilahooper]

How's that strategy working there robert ? 4 months later, shyt is just about about starting to hit the fan.

When there are NO bids, that is the time to buy. The masses are the mkt indicator.

[robert0380]

It has only been 4 months since I posted the comment. Like it or not it's true, people are slow to the punch and only react once the news is on CNBC or printed in the WSJ. The comment was very general and of course doesn't apply to EVERY situation. You still have to be able to make your own valuations and buy companies or sectors that are being sold but are still solid. For example it isn't the case that every bank is hurting from the sub-prime crisis, you just have to do the research.

[izzymotto]

Jim is the only one I watch. From what I can remember he has been bearish on the homebuilders from late 2005.

[john67elco]

wow you must never watch him then lol. Watch the youtube vidoe titled Jim Cramer on Housing Part 2 from user louminatti. I saw Jim tell sheeple to buy home buildiers all through 2006 as they were tanking.

[donharrold]

IZZYMOTTO - You must not watch Jim real close. He was pounding people in to housing stocks in 2006. He hurt folks real bad with that nonsense. Now, he's taking credit for telling folks to sell. He is the definition of a LIAR and SHILL.

[navesele]

dude come on, its a personal opinion. you are the one who makes the choice. its irrelevant if you listen to cramer or anyone else. but people who do, they make the choice granted to them by this free country. its up to you to listen or not.

[yollam]

Cramer is a performer first and foremost. When GE tells him to stir up a panic, he does. When they tell him to reassure, he does. He knows what he's talking about, but he spins the facts to fit whatever his bosses tell him. Asshole.

[brandonsclk]

jim is gay so is bush thats his lover

[dondon2340]

Actually this idiot Cramer is a Dumocrat like you.

[llsantana]

I am very dissapointed in Mr. Cramer. This video really shows that this man doesn't know what he is talking about, his show should change from Mad money to Retard Money. Perhaps he and Bush went to the same school.. HMMM.. may be Cramer and Bush were studying partners.

[clintepps]

dont buy realestate.......... in America!!!! I brought in London, its still going up!

[BubbFromGEI]

What blindness! London has turned: just look at HousePriceCrash dotcom and Northern Rock

[alanhowitzer]

Yeah, don't buy real estate.

[lennyfest]

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. Maybe a little more, or a little less, but either way doesn't sound too good does it? DONT BUY REAL ESTATE BE SMART