Housing Bubble: Market Crashing? Yes, In Slow Motion.

[damnright4]

House Prices are still stupidly high..Being kept artificially inflated Courtesy of th FED and Bankers...Nice Job Dick Heads.

[tickyul]

@damnright4 You are right on the mark, filthy government needs to prevent a true correction in the housing market...............fucking scum. And............oh yeah................remember that TALK about unwinding Fannie/Freddie............LOL.

[hogger129]

They shouldn't bail them out. They should bail out the automakers. The government has bailed out Chrysler before and Chrysler paid them back. They keep bailing out the housing market and prices keep staying high. Then nobody buys. They go in and fuck it all up. Don't bail out these irresponsible banks. They know the people they loan to aren't going to pay them back. Don't bail out banks either. Fuck them all. Just the automakers. Let everyone else suffer. They shoulda made better choices.

[tickyul]

@hogger129 Uh..............erm.........wh­y bail out the fricken Union-Thug-Automakers.........­.should have let them all fail.

[DragonToes13]

I'd say "GO AMerica" but it's gonna take more than words

[DragonToes13]

It's gonna be no different when other Generations try and retire- there will be more problems- probably 10 times more health issues after that last WAR

[DragonToes13]

I jus heard McCain with his speach on trying to build 45 more Nuclear power plants, lets put them all in OHIO or Utah - since it's such clean energy - they shouldn't mind-

not one riot !! LMAOOOO

thats CRAZY

I didn't know Babyboomers were such pussies

worked your whole life- and BAM- did it all right- and BAM- was a good lil Citizen- and BAM-

YOU BEEN FUCKED RAW

[windwatcher89]

lolol

[DragonToes13]

LMAO - I'm amazed at how people are taking this up the ass to easy LMAOOOO- it's like ya just ran backwards in a corn field and ya didn't even know it- ya been fuck so hard

[josh0852]

hahaha. this housing shit is funny. When all the housing prices were shooting the the roof I knew something was wrong and didn't buy. now im just renting and I couldn't be happier. When the prices come down Ill buy

[tickyul]

@josh0852 Well, thanks to Big Brother...........the TRUE correction of the housing market was stopped in its tracks........................­..an artificial bottom has been reached in many areas courtesy of the filthy federal government. So...........many responsible people still cannot afford to buy.

[Gforcebond]

Yeah, it's the banks fault really. The jack the shit out of the interest rates. If you want to buy a 300k house down the road it will really cost u as much as 1 million with all the interest added on. Now imagine if someone just now who finally paid off their house after 20 years and they wana sell it...This is what America has come too. Corporations going bankrupt ..people working all their life for a pension for that company then BOOM company declares bankrupty...just a sad era to live in..

[damnright4]

Home Prices are still disconnected from reality... still too high ...There is alot more down side to this...DO NOT BUY NOW!!! If you do you will suffer loses now and years to come.

[moviedude111]

Ha Ha, well done and not too dramatic.

[moviedude111]

Service based economy (whatever that was) should have a hydrogen bomb going off.

[IntelligentChoice]

greed kills, its natural law

[zekeandcharlie]

ditto

[Creator01]

What goes up, must come down =]

it's also a law in physics =D

[ttbjammn]

The bubbles keep a poppin. It is ALL about knowing when to get out before the pop. You play with fire, and yes, you will get burned.

The housing market will continue to tank.

[papatoony]

RIP Real Estate =(

Bwahahahahaha!

[damnright4]

NO BAIL OUT

[damnright4]

Government bail out! FUCK THAT!!!!!!!!!!!

[itulipdotcom]

If you're going to have a fiat money system, a central bank is the least of evils.

A modern gold standard will address the problem, making it harder for the pols to print whatever they want. But you'd still need an authority to decide on the fractional reserve rules.

[CrazyHorseInvincible]

That's assuming we want to allow fractional reserve banking.

[itulipdotcom]

Because the only thing worse than a central bank that is semi private is a bank directly run by the government. Think about it. Now you have pols with one hand on the "spend" lever but they have to go to this bank to talk them into printing money. If it were up to the pols, they'd print their way from one election to another: one hand on the spend lever and the other on the print lever.

[damnright4]

Prices are still to damn high...what is up?? home sellers in denial? theres only one way prices can go ...and thats south.. there is no other way. Basic economics 101

[antipovertycultz]

Politicians 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 would be mass homelessness for the middcle class and rising rents for the poor while wages stay low

[Heurlinoz]

I consider it a political and 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 and taxation. DEMOCRACY IS POVERTY -VOTE FOR NO ONE

[Heurlinoz]

I consider it a political and 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 and taxation. DEMOCRACY IS POVERTY -VOTE FOR NO ONE

[GratefulShred]

Credit Derivatives Should be nukes going off as the plane hits... They are the root of this mess, to the tune of 40 trillion dollars.Hope for the best ...plan for the worst.

[GratefulShred]

Prices will be pushed off the cliff soon. enough.. There is no choice in the matter. Home owners are in denial...everything seems to be 100,000 dollars higher than it should be. DONT believe any spin that says were "bouncing back" or "soft landing" or "were almost thru it" Thats all Nonsense... Rubbish!!

[damnright4]

Prices are still TO DAMN HIGH!!! If you are thinking of buying now DONT DO IT!!

[damnright4]

Still to high!!!

[metroperson]

stockmarket is still going up ...lol.

[itulipdotcom]

Sure is... in euros.

[Dzhendobri]

Yes, dumb, I suppose; these airplane crashes are only big problem for the passengers and crew in the actual airplane.

.

There are billions of folk who will similarly not be affected by these planes crashing -likewise the Housing Price Crash.

cheers.

from,

del-boy.

[damnright4]

This problem is not going to go away for quite sometime .....This one is coming home to roost.

[papatoony]

Ka BOOM!

[alanhowitzer]

Lawrence Yun :(

[revo40]

Woodrow Wilson signed into law the traitorous "Federal Resreve System" in 1913, allowing foreign bankers to take control of our monetary system creating it out of thin air & charging interest to use it. Everyone in congress knows this & doesn't say a word...ALL TRAITORS to the people except for Ron Paul the ONLY one talking about it! Without debt there would be no money, how scary is that thought?! We're in BIG TROULBLE peeps!

[RmanDC]

Correction - YOU'RE in big trouble peeps! Im not evil, but a lot of people that don't live in the states are watching the show with great exitment.

[bowcatz]

Google " bin Laden trade put call 4.5 billion " and understand why the market isn't looking so good when you click on the growing links of people who are trying to warn people of a serious '29-like crash by the end of September or October.

[Zopre]

i am favorable to a total housing market crash! but ill admit a total economic collaps would not be a wonderfull thing! things are just balancing out right now

[damnright4]

Just balancing out?? Sorry to pop your bubble but "things" are just getting started.. This is going down to the bone.

[Zopre]

I second that! let it crash like the bitch that it is! screw the stupid economy and its empoverishing inflation! A crash is just whats needed! Eventually less fortunate people will get a chance to buy a home.

and this means less homelessness.

[TYX91101]

It's nature's way. Devastating fires consume the overgrown forest and make way for the new. Courage and ingenuity will get you through it.

[tinrooflighthouse]

Conspiracy theorist...no longer pejorative or slur.

Great music btw ... the qualities of choral applies here,nice and surreal just like the current situation.

[dstad]

Gee I do hope the rich at least donate to soup kitchens.

[alfly77]

two words "petro-dollar" or two hyphenated i guess

[damnright4]

TWO WORDS........precious metals.......shhh!

[damnright4]

Told ya! Gold 751.00 9/28/07

[damnright4]

The Dollar Is DOOMED!!

[tetekofa]

do not buy anything, pull your money out of the bank/investments and buy Euro's. Federal Reserve printing money in an attempt to prop-up the lending institutions, there will be a collapse of the American dollar and economy, we are talking about a $10 TRILLION SHORTFALL.

[FumingAnimal]

tetekofa, dont' discount the possibility that EUR could be just as vulnerable. The hedge funds in France and the subsequent injection of liquidity into the European markets should demonstrate that there could be a lot of people holding the bag; not just American hedge/pension funds.

[billgbg]

I was thinking that the US could weather this, but consumer spending is a big percent of GNP and does require jobs. Once millions of jobs go south, there's trouble. If the US govt can't pay off on their securities or can't find money to operate as usual--cuz how could taxes pay it back?--then we're in another 1930's style bust it looks like.

[damnright4]

They all get what they deserve!! I couldnt be happier this is what you get when you play the housing market like the stock market! Ruined my chance of owning a nice home... Prices are still way to high...Needs to come down a whole lot more!!

[tickyul]

@damnright4 Haha, in many areas they are STILL too high..............thank your filthy government for that little fact.............they pulled out all stops to halt the FULL correction in the housing market.

[th3gtr0]

@tickyul Yeah, sure. You sure are taking the time to answer all of the messages in your inbox aren't you and not wasting time commenting on random videos? Yep, that must be why you haven't replied to my message from TWO DAYS AGO or given me a valid argument as to why we should not implement high-speed rail in California. A hundred message a day my ass. A man who lies is worse than a man who is wrong.

[tickyul]

@th3gtr0 I have 150 messages in my inbox, it takes time to get to them. Sometimes I watch videos and comment without even looking in my inbox.

Take a look at what a MESS Big Brother made of Fannie/Freddie........now project that insanity/incompetence onto ANOTHER HSR boondoggle............that is one of the reasons I am against building more Government sponsored filth.

[th3gtr0]

@tickyul How can you associate HSR with the 2008 Banking Industry collapse? The Banking Collapse was brought on by insufficient regulation of banking activities in the time leading up to the crisis. Thank the SEC and ICC, who received payments to conduct analyses of collateralized debt obligations (CBOs) by the very groups that made them: the banks! This is a conflict of interest. These CBOs (packages of bonds and loans, including mortages, of varying levels of risk) were then sold off to

[th3gtr0]

@tickyul investment firms and banks and government agencies looking for cash to pay for various public projects. Needless to say, the CBOs were dubiously rated AAAs and were ticking time bombs spreading throughout the financial system. When the real-estate market went down, mortgages and loans went down. When mortgages and loans went down, CBOs went down. When CBOs went down, the investment banks (Bear Stearns, Lehman Brothers) went down. When the investment banks (which are involved in

[th3gtr0]

@tickyul practically every industry in existence) went down, they took down the whole system (e.g. American International Group, Circuit City, General Motors). And because the American economy is interconnected and dependent on the World Economy, it took down the entire world's economy. This is the problem when companies get too interconnected and too big to fail. This is a result of not implementing Anti-Trust regulations and Speculation regulations (Glass-Steagall Act of 1933). The

[th3gtr0]

@tickyul Glass-Steagall Act was repealed by the Gramm-Leach-Bliley Act in 1999 and regulatory agencies were failing to enforce the Sherman Act of 1890 to prevent anti-competitive practices between businesses and correctly rate assets and securities from mortgage and capital investment banks. It was only a matter of time before the financial system would collapse on itself.

So tell me, how is HSR going to be a boondoggle? I am waiting for a good argument.

[Yeppr]

This mad me laugh so hard I cried

[JohnnyHorton]

doesn't look good.

[itulipdotcom]

Just want to point out, this video was created and posted long before all of these things happened.

[lividmany]

Don't worry! The same people who created the bubble got out in really great shape and were the ones who sold you the monster house that you will no longer be able to afford or sell...

[LuciusBrutus]

The wealthy will attempt to offload as much of this as possible on the greater fool. As long as interest rates remain unchanged and average citizens don't have access to massive credit or massive wage increases housing must go down.

The boom is caused by credit expansion while the end of credit expansion causes the bust. The wealthy jokers all know this; they are simply attempting to offload now! Don't listen to their dribble!

Ron Paul 2008

[lennyfest]

anyone that buys real estate now anywhere in the USA is a fool 2001 prices coming soon buckle up ,, dont buy major declines coming , i repeat dont be stupid and buy ,

[rpaul5150]

"no one was injured"? Wrong, many people were killed in that first crash.

[itulipdotcom]

The plane was remote controlled. Who died?

[brontobeach]

It's the Sunday June 26, 1988, crash of an Air France Airbus A320 at a club air show. Three passengers died in the crash and about 50 were injured.

[itulipdotcom]

Thank you for your comment. The clip is part of a Frontine series on the history of computer controlled flight. Frontline made no indication that deaths or injuries had occurred in the crash.

[vertigo7777]

HAHAAHA...I love the video...thanks

[samuel200182]

People don't look at the rate of innovation:

Yes we will find ways to resolve the energy shortage, but before there is more money to solve the excess liquidity bubble. So propose solutions for this problem so we don't waste too much money with it.

[balleticboy]

Humans are sick Dumb and stupid.That's exactly what the economic crash is about.Stupidity.A callous

unawareness of stupidity.

[vinny1577]

Wouldn't I love to see house prices crash and burn like that!!!

[uricehe4]

Love NAR's Chief economist failing to appear by claiming he had laryngitis. Funny, NAR's economists never failed to appear back when they were screaming at us that there is no bubble, housing never goes down, its gonna skyrocket forever, buy buy buy!!! Now those same NAR worms are going into hiding.

[tickyul]

@uricehe4 Yeah........but look at our filthy government...........did everything in their power to prevent a FULL CORRECTION in the housing market................so housing is still inflated in many areas....................respo­nsible people STILL cannot affored to buy.