Have we hit a bottom in housing? Are gas prices going up? 2011 Part 1

http://www.youtube.com/user/george4title

Part 2 will have chart and stats for those of you that don't trust me.

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[joel1923]

I lived in Eastern Europe in the 90s. It was really bad. People there lived in ramshakle houses and had gardens. They emigrated whenever they could.

Americans need to consider emigration now. This is already happening. First people will go to countries with better balance sheets like Canada and Australia. The Brain drain will finish off the US. The US will be filled to brim with the stone stupid, the lazy, welfare queens, and illegals. Do you really want to stay and pay taxes for that?

[joel1923]

@markymarkuss777 America still has vast resources, but if the American people don't get their act together, it's over. Really.

[MrAntonLucas]

@onetwo3349 The American dream: purchase a home, your entry fee, then become an unmovable target for all entities after a little of your money and pay interest, taxes, insurance, utilities, repairs, maintenance, etc. for the bulk of your remaining adult life. You get to keep anything that is left over, hours after work weekdays and weekends and any money left over after you have paid the bills. Supposedly, only ~5% of humans that have ever lived on earth lived "free" as we do. Aren't we lucky?

[hstone39]

The housing market will keep going down and those foreclosed homes are being kept a secret from the public. Gas prices did go back up after that little dip it had. Who knows where it goes from here?

[MarkAllenChannel]

The teens will get around to vandalizing all the vacant repo houses. Anything that sits long enough vacant will get messed up. If the economy doesn't improve with the next couple years, you're talking about a huge number of homes that can't be put on the market. Once the banks get around to fixing them, the prices for materials will have dramatically increased. So, my thoughts are that real estate has to be near bottom, because you can't price houses below the cost to replace them.

[RockTheOcean4me]

Wanna talk about my turtle Franklin again. He's kinda shy and slow but has a tough shell and is a real surviver, I like him, he's wise. We were watching your video and looked each other in the eye after that for a while. We decided to say: George, go for silver and also get some information about stamps. Last thing requires some experience and may sound funny but prices are increasing. Esp Chinese ppl and stamps are going crazy. That was all actually.

[joel1923]

@markymarkuss777 I was in different parts of Eastern Europe throughout the 90s into the early 00s. The farther East or South you went, the worse. Russia is a bizarre place. Loaded with natural respources and it collapsed completely. I blame the russian charater. Americans are much better people than russians-even in their current degraded and demoralized form. It boils down to national charater. Charater is more important than natural resources-look at Singapore.

[onetwo3349]

@joel1923 no I'd rather stay in a country with millions of acres of empty land space and resources and the US has that. Why the hell would I want to live in Canada or Austrailia?

[onetwo3349]

Even if you get a great deal on a home you still are on the hook for taxes, insurance, maintenace, HOA fees on it. New Jersey has an average property tax of 9 K a year. So someone can tive you a home but you're still a slave.

[slobomotion]

@ArizonaPublic I never got your PMs. I never had your email address. I am easy to reach via my website and can email you back. My best to you, good man.