Housing Crisis Deepens

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
4,541
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 16, 2007

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.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (24)

Sign In or Sign Up now to post a comment!
  • 1:29 House prices will go back up in 2009, don't panic....

  • whatever ...........I dont give a shit because other people dont care also.

  • 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?

  • poeple need money to buy things -

  • noooooo everyone in america spending money would help the economy. i have no idea what the hell you're talking about.

  • 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.

  • 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.

  • then you agree its just not old people.. you took the argument in a different direction.

  • 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

  • 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

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more