Temecula, CA Housing Crash
Loading...
NOTICE
This video contains an audio track that has not been authorized by WMG. The audio has been disabled. More about copyright
Link to this comment:
Uploader Comments (john67elco)
Top Comments
-
One of my family members bought two houses in Temecula about four years ago. She got some garbage ARM and interest only loans. When I told her she was making a mistake, she told me I was being "negative". What can you say to these lemmings? Now, my tax dollars are going to pay for these idiots to stay in their McMansions. They shouldn't have bought these homes in the first place! I get to stay in my 1000 ft. condo that I bought with a thirty year fixed. Why do I get punished for being prudent?!
3 years ago 4
-
This is only the first wave. The second crashes to shore in 2010 and 11. It will occur when all the option-ARM's re-adjust. It will double (or worse) the effects of the last years market. Survivors will be those who 1) Manage to keep their jobs. 2)Bought the home before 2000. 3) Did not borrow against their equity. 4)Were fiscally conservative in spending. 5) Have money in the bank and have no or little consumer debt. The rest of you are screwed. Rotsa a' ruck'!
3 years ago 2
All Comments (68)
-
my home is a big cardboard box , my car is a shopping car from wal mart, and i live under a tree my friend lends me his computer once in a while i get along just fine, nahhh just kidding!
-
Man who would want to live that close to their neighbor?
-
That's right, buy tract homes.
-
NEVER BUY A TRACK HOME NEVER!
-
We need Health Care Tax & Global Carbon Tax then we will achieve final Jobless Recovery,we need to hope for more small business to go under & give another Bail Out to Goldman Sax. Give Mexico free welfare & Health care Hope & Change Obunga is gonna give you a free Tent
-
A sleeping bag and tent is much better. Free water and restrooms at the parks.
-
Home prices were fairly static during the Clinton Administration, beep, try again.
-
It's going up a lot now!
-
It's actually a little better cause you can get these houses for dirt cheap!! and it's one of the best neighbor hoods in temecula, right by all the school, and chaparral
- 2:08Goodbye USA, Hello Chinaby AthenaLearning24,637 views
Featured Video
- 4:55HOUSING CRASH. FRENCH VALLEY, CAby john67elco23,607 views
- 2:30NightLife in Temeculaby ramir0896,226 views
- 4:01Beautiful Views of Azerbaijanby alakbaroff40,562 views
- 2:28FLORIDA HOUSING CRASH 50% OFFby john67elco63,356 views
- 2:25Temecula Home For Sale, Virtual Tourby ByeMarketingGroup1886 views
- 1:10Video of Murrieta Californiaby tysonapo4,511 views
- 2:13Temecula Ca Homes For Saleby frewq890666 views
- 5:49Real Estate Collapse - Land of the Dispossessed...by joediaz0013,138 views
- 1:02California commerical real estate collapse 2010...by vawt19531,653 views
- 8:38Temecula Old Town and Wineriesby ldsdaniel1,670 views
- 6:22California Real Estate Crash Crisis Meltdown Sa...by californiameltdown6,640 views
- 5:54July 4th TEA Party, Temecula, Caby dunechard270 views
- 5:50Wine Country Temecula California north of San D...by aphroditecal80 views
- 3:26House wouldnt sell at 50% off? Real Estate nev...by john67elco87,896 views
- 5:54California Real Estate Crash Crisis Meltdown - ...by californiameltdown5,905 views
- 7:06A&E - FLIP MY FORECLOSURE SCAM PART 1by john67elco112,414 views
- 3:45Plymouthby StacyNelson1021 views
- 5:45California Road Tripby begreen5566,292 views
- 3:58George4title, Inflation.us California Ghost Tow...by george4title26,475 views
Isn't it great??? I am actually home-buying right now, we're looking at 4 bedroom, 2400 sq. ft. homes built in 2000 or later, in the $200-240,000 price range and we already found dozens in Temecula, Murrieta, Winchester, and Menifee.
If we could afford $280,000, we could buy a 6-bedroom 3500 sq. ft. HUGE house
donotimmar 3 years ago
Good for you. Best of luck! Just dont forget how much to cool that big sucker down during the summer ;)
john67elco 3 years ago