CENTRAL CALIFORNIA HOUSING CRASH Videos

tomincal Says:

Jul 26, 2008 - Stupid blond bitch you should have known better IDIOT.

javiarinmexico Says:

Jul 26, 2008 - White people we are going to buy your homes for pennies on the hundred dollars soon. GET OUT OF MY COUNTRY WHITE MAN YOU ARE NOT WELCOME.

ourearthhome Says:

Jul 26, 2008 - The housing bubble is/was a land speculation bubble because only land value appreciates not the value of improvements. All our tax laws and monetary policies have been designed to promote real estate/home ownership but the effect has been to give incentive to speculate. Those people who buy homes as investment first and use second were enticed to do so by bad public policy and it has driven up the cost of housing for everyone. We are just pimping our Mother Earth and think it smart to do so.

mrzack888 Says:

Jul 26, 2008 - yeah, with a pool in the backyard, they gonna have to tough it out in sunny california.

aviomaster Says:

Jul 26, 2008 - WALL STREET fucking everybody around them for ... THEIR own wealth ... HAVE you heard what kind of checks are they getting at the end of the YEAR ...

lilhourigan Says:

Jul 26, 2008 - speculation, thats such bullshit! a bullshit excuse to hide the fact that presidents and their economists are the ones actually responsible for lowering and rising societal costs, nice try taking blame off the responsible miserators through

lilhourigan Says:

Jul 26, 2008 - bush's economists and a few geopolitical mystery boy societal miserators from the white house are the ones who call wallstreet and command price hikes on gas housing and food whenever they can. fuckin misery makers.

destroypolitics891 Says:

Jul 26, 2008 - bump!american government and politics must be destroyed by god

destroypolitics891 Says:

Jul 26, 2008 - politicians are trying to legalize human slave auctioning and murder by increasing the costs of living and keeping minimum wage low where middle class citizens and below become poor, restrained, and starving, Americans would become sacrificial slaves like the Aztecs! this is what politicians want, and thats why a president and his economists (who are probably Freemasons) are the ones who call walstreet to hike societal prices and create more poverty and misery.

jazzbandball Says:

Jul 26, 2008 - idiots sshould have never paid that much in the first place. I am glad they are taking it in the shorts. They deserve it for being so fucking stupid

nparga23IsAFaggot Says:

Jul 26, 2008 - YEAH! Now the people who can AFFORD their homes, have good credit and a sizable down payment, as well as strong income can get into a house!!! We've been waiting!

gordyt99 Says:

Jul 26, 2008 - Which respectable market will be hit next?Vancouver, BC Canada?Seattle, WA?New York City?Boise, ID?

Rspringscabin Says:

Jul 26, 2008 - Seattle and Boise are already starting to get hit. My good friend is dumping his house in Washington. Vancouver then NY after.

wanz808 Says:

Jul 26, 2008 - youre funny as fuck,they paid too much?, so they were supposed to live in a tent or tepee while the inflation was creeping upwards and pray for it to go down while they live no where, according to you? THATS WHAT THEY WERE WORTH THEN! so that stupid "they shouldnt have paid that much" line is so retarded.

TexnTuber Says:

Jul 26, 2008 - I'm surprised that American realtors and home owners nationwide haven't started a national protest movement to burn all the bank-owned foreclosure properties....1)it would drastically improve the housing market and 2)they would actually get something for their tax money being confiscated by Congress to pay off the distressed banks who hold the titles. How many house titles has the Fed (they caused the bubble with too low interest rates)received from distressed banks as collateral?

WesSeid Says:

Jul 26, 2008 - Minimum wage doesn't have much to do with it other than for things like some unions that base their wage partly on the minimum wage. Anyone with combed hair and who shows up on time can make more than minimum wage.

RadicalDemocrat Says:

Jul 26, 2008 - I was leaning towards Obama until now! I just read the Washington Post. Obama got a sweet heart deal when he purchased his mansion. No Points, no origination fee, and a lower interest rate. Why? Because senators monitor and regulate the lending industry. he basically was paid off to look the other way and NOW our home values are dropping and foreclosures litter the landscape. Obama and Dodd, YOU ARE scum for taking this legalized pay off! You have cost us A LOT of EQUITY and MONEY!

OmarThePug Says:

Jul 26, 2008 - only a dumbed down american public could purchase stuff that is not *really* worth what they paid for it. I've worked in Construction for a few years and the costs of what these people are really paying for is a joke. These people would be better off learning how to hammer than making money through some scheme or another.

FreeYourMind818 Says:

Jul 26, 2008 - we can't blame the government for everything...lets tart blammin the public as well... idiots buy a house in 2001 for around 165,000 ... take it to a realtor who says they can sell it for 600,000 and the seller is happy he can make 300%+ profit... no one questions the seller on WHAT RIGHT U HAVE TO SELL IT AT THAT PRICE...HAVE U MADE THE HOUSE INTO GOLD?

Anothercoilgun Says:

Jul 26, 2008 - Stop posting the same cut and past b.s. you fucking moron.

Anothercoilgun Says:

Jul 26, 2008 - Why is she crying!!!! Is she in default. If not just live in the house. She said its an inheritance, so why sell it and why cry. The price will eventually rise. What the fuck is wrong with people who live in good houses but have a fucking heart attack because they here its value dropped. Who gives a shit. Did you buy it to sell it like a used car dealer or did you buy it to live in it. So live in all ready.

RadicalDemocrat Says:

Jul 26, 2008 - I keep doing it until I calm down and cool off. It has REALLY PISSED ME OFF. They were supposed to be watching the chicken coup but they looked the other way because of favors from the lending institutions. Now WE will all PAY dearly for it. They have put investment banks on life support and fixing to place Freddie mae and Freddie Mac on life support. Home PRICES will continue to plummet. And THEY let it happen. What AM I SUPPOSE to say? Thanks CONGRESS!!!!!!!

Anothercoilgun Says:

Jul 26, 2008 - Very true. But who would buy a 600K house that was 165K 3 years ago? Well guess what, anyone who could get approved for the loan. Why? Because damn there every house regardless of the neighborhood, age, or size, went through the roof. Buyers were forced to get the 600K because no one would sell for less. Then believing that 600K house the buyer was force to buy would continue to rise, it won't be so bad. But too bad for that 600K busted.

FreeYourMind818 Says:

Jul 26, 2008 - EXACTLY! EXACTLY! People make it a business theses days when they shop for a house. They want to sell it for the same , if not more of the houses value after they have lived in it. This is greed, human greed. Instead of living in the house they are worried they wont be able to get the MONEY they spent on it. Money > Good Living for them...fucken morons

moniequa Says:

Jul 26, 2008 - That's right you said it. Let them