What Housing Needs isn't "Recovery"
Loading...
Loading...
78
views
Loading...
Uploaded by jimduncancville on Nov 16, 2011
"Recovery" is the wrong term for what the housing market/economy needs. What the housing market was is likely to never exist or happen again.
This is more than semantics. We need to define what is needed because "recovery" isn't going to happen.
- 1 likes, 0 dislikes
-
- 2:55
THE BEST CITY IN THE WORLD TO LIVE!!by RealtorCentralCoast3,068 views
- 15:07
California Needs Helpby scratchshootin89 views
- 1:25
Jarman's Gap - 16 November 2011by jimduncancville80 views
- 6:00
Lynwood Community Development - NSP1 Open House (4547 Cardwell Street)by CityofLynwood59 views
- 0:50
House in West hall with synchronized lightsby jimduncancville53 views
- 0:48
No insulation in my exterior wallby jimduncancville41 views
- 6:57
Westhallby jimduncancville52 views
- 1:06
States Trying to Sabotage the Housing Recoveryby TheAgentMagnet321 views
- 0:57
SHIELDS Stories - Spotlight on Housingby shieldsforfamilies43 views
- 5:15
Bail Outby NYSEAN62474 views
- 1:01
Helping Make Money Make Sense: Home Buying with Gerald Lewisby MakeMoneyMakeSense421 views
- 3:57
Rep. Cardoza Discusses HOME Act on Bloomberg TV - 10/1/2010by CongressmanCardoza346 views
- 3:28
Lynwood Community Development - NSP1 (4020 Virginia St.) PREVIEWby CityofLynwood245 views
- 2:33
Lynwood Community Development - NSP1 (11400 Elm St.) PREVIEWby CityofLynwood239 views
- 6:48
Jarman's Gap and Downtown Crozetby jimduncancville22 views
- 2:04
Stop Paying Your Mortgage - Stay in your Homeby dennismassa10,734 views
- 5:59
Merv McCrae, Harrison House, a sober-living house on Staten Island, New York Cityby hhrcstaff312 views
- 3:32
Low Cost House Building with RoadPacker Clay Brick Stabiliserby RoadPackerGroupVideo7,213 views
- 0:30
Taxpayer funded blight -- PHA Scattered Site Housing Scene of Deadly Fire -- 1904 Carpenterby burgesspeanut952 views
- 1:48
Economist Robert Shiller on home prices with HGTV's FrontDoor.comby AnnalisaFrontDoor1,002 views
I agree.
My thoughts: the housing market was in a bubble for the previous 10 years, created by a number of factors, including cheap credit, an unregulated mortgage environment, rapacious tactics by certain lenders, exploitation of ignorant borrowers, all fueled by an American dream that is becoming ever more delusional. Housing can no longer be regarded as an investment -- its value is as a place to live. That's the meaning of "stability."
Hey, I like the beard!
opallypovar 3 months ago