LOS Angeles Residential Real Estate, Despite the recent C&S #s, is Crashing Like You Can't Believe right now. I own a home in Los Angeles, Yet Remain Objective ("my wife won't sell")
From Irvine Housing Blog, The west coast manager of real estate owned, Senior Vice President Ken Gaitan, stated that Bank of America, which currently forecloses on 7,500 homes a month nationally, will increase that number to 45,000 homes per month by December of 2010.
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Bank of America is projecting a 600% increase in its already large number of monthly foreclosures. .
I took Prof. Shiller at Yale and he is extremely brilliant yet humble. RON PAUL 2012
86austinc86 1 month ago
╭∩╮（⃕‿⃕）╭∩╮➔ CAPITALISM & COMMUNISM not EQUAL..!!!
DRUGLORDS+GOVERNMENT is COUNTERFEITING MONEY for SLAVERY.!!
BANKERS & DRUGLORDS screwed life & society in human history.
BURN DRUG LORDS ALIVE & OCCUPY THE WORLD.!!
CAPITALISM = NO REAL FREEDOM. WORLDS FAKE ECONOMY.
fight for LAST DROP BLOOD for MONEY & POWER = OPPORTUNIST MANIPULATIVE REALM LANDLORD GRABBER PIG ROYAL LAZY FAMILY.
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
koppellhinex 1 month ago
starting watching this steigel douche after peter debated him in 2008, I wanted to see what this clown was saying in the years ahead
fuckoff187 4 months ago
Hahahahahahahahahahahahazha
neb967 5 months ago
wonderful clip .. thanks for posting
aseohosting 5 months ago
"No chance for a double dip"
Oh, yea?
mustang607 1 year ago
LOS Angeles Residential Real Estate, Despite the recent C&S #s, is Crashing Like You Can't Believe right now. I own a home in Los Angeles, Yet Remain Objective ("my wife won't sell")
BringBackCapitalism 1 year ago
@BringBackCapitalism
From Irvine Housing Blog, The west coast manager of real estate owned, Senior Vice President Ken Gaitan, stated that Bank of America, which currently forecloses on 7,500 homes a month nationally, will increase that number to 45,000 homes per month by December of 2010.
.
Bank of America is projecting a 600% increase in its already large number of monthly foreclosures. .
tyronebiggums3 1 year ago
@BringBackCapitalism
If you don't already, I recommend you read Dr Housing Bubble and Calculated Risk. Dr. HB does a lot on SoCal. He's good, and the numbers don't lie.
Just saw this comment over at Calc Risk:
"The SoCal market is mostly first time homebuyers using FHA-insured loans, and investors paying cash."
FHA... *barf*.
tyronebiggums3 1 year ago