Goodbye Housing Bubble

House prices still SUCK....Still way overpriced...The sooner house prices come back down to earth ..the sooner we can have a real meaningful recovery...

seriously, after reading most of the comments, who really here thinks that obama is going to solve this problem? hmm, I am amazed that the same people that made this mess still are the brains that will lead us out of this... case in point, Geithner and Summers. Geithner is currently the NY Fed Reserver president. For those that have been kept in the dark, the Federal Reserve IS NOT NOT NOT a Government institution. It's controlled yep by the banks that got bailed out.a lie, research it yourself!

creator01, i think wanz has a point. There was a serious error made by Clinton (which I don't blame him because he's a lawyer and not economist) to repeal the Glass-Steagal Act. That, by itself made cash available to everybody. I can't explain it here because it would take more than 200 words. Guess who was the Treasury at that time, yep: the now economic advisor to Obama: Lawrence Summers and Rubin. Yep, Rubin just got bailed out with Taxpayer money for CitiGroup and Summers, wellback to "help"

Well at least there is one smart person in the room. Now if all the smart people would come out of the wood work, like Schiff, then we might actually get out of this.

But, since we have idiots in office and Bernake making stupid statements like "we are at the end of the recession", we have only seen the tip of the worse that is to come.

Start preparing, start saving and stop using credit. When it hits, it will be a free fall.

This is what happens when you let your greedy wife convince you buy a huge house, granite countertops, SUVs, and extravagant vacations. Now when you lose your job and she divorces you, you end up living in a tent, and she keeps the house. The government will make sure the mortgage only costs 30% of her income, no matter how much it costs taxpayers. That's fair isn't it?

I say we put the blame where blame is due: on the idiot spoiled women western society has given in to for far too long.

i advised my mom not to send me to a private school,not to buy a car on credit,which handed in yesterday,not to buy a house on credit,BUUT NOOOO OH GOD WILL SEE EVERYTHING THROUGH,BLABALAAla.Now we know how stupid parents are,they are a bunch of loosers!!i advised her years back to save up.work today for tommorows goodies.not vie versa!!!

Lose that gay ass music please

lol you dont have a volume control? Broke ass

Crocodile tears for those who lived beyond their means, for the banks gave out mortgages without down payment and for the rating companies who gave a AAA rating to these bad debts.

since point in the vid but next time right click your audio track and turn it down a little