The unprecedented run-up in housing prices is all but over according to Dr Christian Weller, Senior Economist at the Center for American Progress. Housing has been the biggest driver of the US economy over the last several years. Without the wealth effect from real estate gains, Weller suggests Americans will find it harder to buy that new car, pay for college or go crazy at the mall,and what’s more, many people may be in dangerous loans. That spells bad news for the economy writ large…
Read Christian’s report, “The End of the Great American Housing Boom” here: http://www.americanprogress.org/issues/2006/12/end_of_the_boom.html
WWW.AMERICANPROGRESS.ORG
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Tuscaloosa, Alabama …
Tuscaloosa, Alabama is a fine market to invest in as well.
Nice Vid. I …
Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.
No more damm arms …
No more damm arms or subprime loans! Give everyone the cheapest money on thier primary residence and people can stay put.
Montgomery Alabama …
Montgomery Alabama is still during well compared to the rest of the country. Great place to invest.
Yes I do. If you …
Yes I do. If you buy a house, its not a great investment but if you buy apartment complexes or multi-units, they are much better investments than any stock or mutual fund because it gives me cash flow. Mutual funds don’t give me cash flow and stocks don’t either unless you get dividends. But even then you have to tie up ALOT of cash to make money on dividends and even then they aren’t guaranteed. Single family homes are not good investments but you have to live somewhere.
The fed zzz on the …
The fed zzz on the job
I LOVE THIS …
I LOVE THIS VIDEO.ARTHUR ROBINSON
Gold has quadrupled …
Gold has quadrupled in the last six years. Google has gone from $85 per share to over $700 in less time. There are over 20 mutual funds that have returned 500%+ for the last five years, including one that is up over 1,000%. You still think Real estate is the best investment? I don’t.
Politicians use the …
Politicians use the mobocracy system in housing by charging taxes every year on the property you have already paid the day you cant pay you lose your house, like a mafia movie By increasing taxes every year there would come a time
where you cant pay that high. The result is inevitable mass homelessness for the middle class and rising rents for the poor while wages stay low. SO you can thank god for a housing crash.
I consider it a …
I consider it a POLITICAL/social crime that a poor or middle class family be prohibited by politicians from getting decent modern housing by negating property ownership through politicaly engineered hyper-inflation. INFLATION rises rents
and creates homelessness! any halfwitt economist and politician knows this.
Uhhhhh…Every fact …
Uhhhhh…Every fact presented seemed as important as every other fact presented. I don’t feel any smarter.
Humm… Are you in …
Humm… Are you in the mortgage industry? I think people are not buying not because they can’t find a mortgage but because houses are too freaking expensive.
Don’t worry. The …
Don’t worry. The people of today won’t behave at all like those of the 30′s did. But rest assured, when folks turn upon and eat each other, the cannibals will do fine…
The current trials …
The current trials and tribulations of the home mortgage market stem from a re-pricing of risk (impacting the financial institutions and institutional investors who bear the risk for home loans). There is no shortage of mortgage money — this is not the case; as you have seen on television and/or on the internet, there are lenders desperate for customers.
“Click a Mouse and …
“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
“Click a Mouse and …
“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
“Click a Mouse and …
“Click a Mouse and Buy a House!!!”
See How…….
RealEstateEducationInfo-dot-com…..
The fed …
The fed zzzzzzzzzzzzz on the job
So a Depression is …
So a Depression is now coming and so is the revolution!
home prices are …
home prices are just dropping like crazy now. but here in LA it’s still rough.
anybody that is …
anybody that is thinking of buying a home now is a fool,, home prices will decline 30% over the next 18 months ,, watch and see ,, buckle up people ,,
4384 visiters-1 …
4384 visiters-1 comment. Reality Check Time!
We had it all figured out. 401K. Kids all educated,on their own.
As I see it,a fat America getting fatter,cancer holding its own, many “newer’ problems associated with life styles-It’s going to get a lot worse as aging America deals with illegal America in an effort to stay alive in the near future. Who worries about terrorism when it’s a self-destructing social nightmare?
Who is this guy? …
Who is this guy? Frazier crane?