Real Estate Bubbles and California's Economic Growth, Part 1
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Hey, this is a really cool video after the fact. I am writing from Canada and it is interesting to see that some people were on the ball in Cali a couple years back. Making it look very obvious.
My friends and I are trying to discuss about current business events on our channel. Basically just some young people in their 20s having a casual conversation about some things going on right now. If anyone gets a chance, some feedback would be greatly appreciated.
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nice video dude
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Funny Video Must See!
YouTube:
Looking For Schmucks
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I like what you said that American start spending more than their earn which is the most common financial mistakes done by many people. Which is main root of financial problem that one can face.
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Denmark - Amsterdam, approx. 1000 kilometers of sea between these two places.
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what a moron thornberg is... a house is not an asset, it's a liability. a house is constantly depreciating and he just admitted that in real terms it does not appreciate. it only appreciates in nominal terms, which is offset by the inflation. housing didn't stay in line with their true values due to the FED holding rates at ridiculously low levels and due to government mandates that home ownership was a right and any lender that kept out otherwise unqualified borrowers would be targeted.
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Great video! Looking forward to more videos from you. Thank you
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Up and Down the market goes....people make huge amounts and lose fortunes...you have to be careful in the california real estate market.
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POP!
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down 20% next year.
DoctorJohnJGibbons 4 years ago 5
This STUPID housing market thing reminds of how STUPID people are when they were ALL IN A HURRY to buy a home. I guess when loan co. decided to make it EASIER for almost ANYBODY to get in. "What's the hurry, man!!" This is when people (I heard) were actually IN LINES to buy!! WHAT"S UP MAN!!!!!! This is NOT Circuit City/Best Buy etc black Friday, now... GGGEEEE
fueledbymusic3 2 years ago 3