From Irvine Housing Blog, The west coast manager of real estate owned, Senior Vice President Ken Gaitan, stated that Bank of America, which currently forecloses on 7,500 homes a month nationally, will increase that number to 45,000 homes per month by December of 2010.
.
Bank of America is projecting a 600% increase in its already large number of monthly foreclosures. .
LOS Angeles Residential Real Estate, Despite the recent C&S #s, is Crashing Like You Can't Believe right now. I own a home in Los Angeles, Yet Remain Objective ("my wife won't sell")
I took Prof. Shiller at Yale and he is extremely brilliant yet humble. RON PAUL 2012
86austinc86 1 month ago
╭∩╮(⃕‿⃕)╭∩╮➔ CAPITALISM & COMMUNISM not EQUAL..!!!
DRUGLORDS+GOVERNMENT is COUNTERFEITING MONEY for SLAVERY.!!
BANKERS & DRUGLORDS screwed life & society in human history.
BURN DRUG LORDS ALIVE & OCCUPY THE WORLD.!!
CAPITALISM = NO REAL FREEDOM. WORLDS FAKE ECONOMY.
fight for LAST DROP BLOOD for MONEY & POWER = OPPORTUNIST MANIPULATIVE REALM LANDLORD GRABBER PIG ROYAL LAZY FAMILY.
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
koppellhinex 1 month ago
starting watching this steigel douche after peter debated him in 2008, I wanted to see what this clown was saying in the years ahead
fuckoff187 5 months ago
Hahahahahahahahahahahahazha
neb967 5 months ago
wonderful clip .. thanks for posting
aseohosting 5 months ago
"No chance for a double dip"
Oh, yea?
mustang607 1 year ago
@BringBackCapitalism
If you don't already, I recommend you read Dr Housing Bubble and Calculated Risk. Dr. HB does a lot on SoCal. He's good, and the numbers don't lie.
Just saw this comment over at Calc Risk:
"The SoCal market is mostly first time homebuyers using FHA-insured loans, and investors paying cash."
FHA... *barf*.
tyronebiggums3 1 year ago
@BringBackCapitalism
From Irvine Housing Blog, The west coast manager of real estate owned, Senior Vice President Ken Gaitan, stated that Bank of America, which currently forecloses on 7,500 homes a month nationally, will increase that number to 45,000 homes per month by December of 2010.
.
Bank of America is projecting a 600% increase in its already large number of monthly foreclosures. .
tyronebiggums3 1 year ago
LOS Angeles Residential Real Estate, Despite the recent C&S #s, is Crashing Like You Can't Believe right now. I own a home in Los Angeles, Yet Remain Objective ("my wife won't sell")
BringBackCapitalism 1 year ago