Economic Collapse New Housing Crisis

Visit http://www.NoSugarCoatedNews.com for related stories.

Aaron shows you the devastation of the New 2010 Housing Crisis due to high unemployment. Aaron walks through a fairly new housing development in Lane County Eugene Oregon. Almost every other home is empty due to foreclosures or lack of buyers.

Category:

News & Politics

Tags:

• Economic
• Collapse
• New
• Housing
• Crisis
• Eugene
• Oregon
• Lane
• County
• ADB024
• Foreclosed
• foreclosures
• evicted
• Bankruptcy
• House
• Vacant

[goducks11111]

hay arron what part off lane county was that forclosers??

[adb024]

West Eugene Barger area.

[Swifive]

Is that pretty prevalent there in town? Or is it generally in the newer developed areas? Also, what about farther out of town towards and in the countryside?

Thanks again, Aaron. How are the chicks coming?

[adb024]

O no its everywhere. In that particular neighbor hood it was just easy to put a video together with so many homes in a row empty. I have seen farm homes empty which at some point I will do a video on. The chicks are doing great thanks take care.

[ria0019]

aaron is a cute man.

[Gunnarsguns]

From living in a new home to living under a bridge...thats called reality check

[t461321c]

yea, everthings made in china..whats left in made in usa?weapon?thats it???oh..and jewish bankers like madoff and jewish finance giants like lehman brothers..thats the result..enjoy it and vote presidents like bush twice..

[theroilsoil]

@myg0tBUTTPLUG

Even "pretty" homes will be depressing . . . just over-proced shacks built by an unqualified labor pool, supported by greedy contractors and bankers . . . it's all going into the toiler for a long, long time . . . where it belongs.

[theroilsoil]

@jaydenfre2413

I'm sure some prior house-debters, who are about to get the boot, are thinking

of just that . . . and I don't blame them.

The banks have stolen the money handed to them by our government representatives, to pay for their salaries when it was supposed to help those on main street.

LONDON RIOTS #2 . . . COMING TO THE US . . . THAT INCLUDES BEACH TOWNS AS WELL.

[atlasshrugged2u]

@jaydenfre2413 I was speaking theoretically of course, but you made some excellent points. Although since we have more and more "tent cities" out there, some may not see minimum security prison to be so bad? (minimum security is what they would get for such a crime) Atleast they would have someplace to stay with 3 square meals a day, electricity, and a bathroom.

[jaydenfre2413]

@atlasshrugged2u Burning down the house is stupid,the bank would just rebuild with at cost lumber and cheap illegal immigrant labor from insurance while you spent the rest of your life in jail.The only thing that would really be satisfying is contaminating the land so it couldn't be sold for the next couple hundred years.If you're going to do it make sure it's done right..If you're not willing to go this far ,anything else isn't worth the time in jail.

Cheers

[atlasshrugged2u]

I'm surprised there's no "riots" or former tenants burning down thier properties with the attitude that If we can't live here, the banks not gona get it either" Lot of calm Americans out there thank God.

Although understandable, that would be the last thing we needed I guess.

[raghuroopa]

We can solve the real estate crisis in 30 days (w/ out bailouts or new regulations).

[monkeyman1140]

Nice to not have neighbors close by. I wished my neighbors would foreclose, they're buttheads.

[myg0tBUTTPLUG]

Those houses are ugly. Bad color scheme. Depressing.

[stormrain71]

Thanks for the nice vid.

I live in northern Europe and i am horrified by whats going on on main street in usa.

But with the big wave of old people in the next 10 years (In America and Europe) this will only be getting worse and worse. :(