ABC News story on Oct. 16, 2007 revealing the sad shape of the housing crisis and how it is playing out on the economy. The mainstream media can no longer keep this a secret and is forced to make it news. It was odd that I couldn't find this video on ABC's website, but it did run on the evening news.
1:29 House prices will go back up in 2009, don't panic....
kalitexnis10 1 year ago
whatever ...........I dont give a shit because other people dont care also.
jandean61 2 years ago
right and obama is taking all of ours. so, how are those who supply those less fortunate with money supposed to do so if more of it is going to fund the government?
brucebruce325 2 years ago
poeple need money to buy things -
FreeYourMind818 2 years ago
noooooo everyone in america spending money would help the economy. i have no idea what the hell you're talking about.
brucebruce325 2 years ago
just a bent version of your own diluted reality. If you were to help your neighbors then in turn that would help the economy and have a trickle own effect towards you. if u live in a world with only money on your mind than you will never understand teh true meaning of life. Look back and realize that millions of people have sacrificed themselves and their own lives to make it easier for you to enjoy yours.
FreeYourMind818 2 years ago
i think about me becuase i'm the only one looking out for me so take your hippy love and peace bull shit and shove it cuse in the end no one is looking out for you except yourself. everyone else isn't my responsibility. and helping your neighbors has nothing to do with the economy. and us greedy fold are the ones making money in turn who are the ones who supply you or the other working force.. so if obama taxes us we can't pay all of you.
brucebruce325 2 years ago
then you agree its just not old people.. you took the argument in a different direction.
brucebruce325 2 years ago
for example if you buy a home for 250K but your neighbor forclose than that house short sale for 150K. will you be mad and forclose also or will you just pay your mort even if the value is at 150K???lol
AverAverComo 2 years ago
rock bottom 1 to 2 years after all gforclosure sold. but another wave of forcllosure can happen depending on home owner that paid the mort. so will be bottom or second wave than stabilzation
AverAverComo 2 years ago