Comments on: The Coming U.S. Real Estate Crash

By: Erica

Erica — Tue, 24 Aug 2010 00:35:21 +0000

Home prices are still yoo high. Look at California. How unrealistic is it to pay 600K and up for a 2-3 bedroom home. Ridiculous. Home prices are still too high and will eventually come down. Wait to buy.

By: Anthony

Anthony — Mon, 26 Jul 2010 18:52:53 +0000

Hahaha the author says that fallng home prices are a problem, yet at the same time home prices are too high!

By: Lillian

Lillian — Mon, 26 Jul 2010 07:52:51 +0000

The cost of necessities (housing, insurance, medical) has been wiping out the Middle Class for some time now. The past 30 years to be exact as far as the cost of housing and the rise of the homeless population in this country.

http://lillianabel.blogspot.com

By: Vineyard

Vineyard — Sun, 25 Jul 2010 02:22:30 +0000

Peter Schiff and other well-respected financial prognosticators have been predicting this crash for most of this decade. How could anyone have missed what was about to happen? Very large “No documentation, no down payment” loans, skyrocketing housing prices to meet the skyrocketing demand for housing, people earning minimum wage “buying” houses they could not afford. . . this was a recipe for disaster. It had to come to an end just as soon as the mortgage payments on the so-called “liar loans” started to rise as the ARM interest rates adjusted upwards.

By: Larry

Larry — Sun, 11 Jul 2010 09:29:06 +0000

Total economic collapse is coming.

By: Charlie Brown

Charlie Brown — Wed, 30 Jun 2010 00:33:22 +0000

I’ve been trying to explain what is happening and will happen to the USA since many years now. Please take a look to this web site related to this subject, you will be amazed!
It’s been no surprise to me at all what is happening to us since the start of this decade, nor what is following. You will agree with me after you look into these 11 pages full of interesting information. Click the link to the web site. God bless you.

By: Rene

Rene — Mon, 28 Jun 2010 09:34:31 +0000

Look folks, let’s stop kidding ourselves. The sky IS falling and will only accelerate in the next two years. Im not hanging around here anymore.
That’s why I’m already planning my Escape from America sometime next year.

By: Joe in JT

Joe in JT — Mon, 28 Jun 2010 00:17:27 +0000

Just because the dope John replied first about housing prices in Las Vegas, why do 50% of you bloggers think you owe him a response.

Illuminatti and the super rich notice your predictive behavoir and will use it against you to benefit them. Don’t be a sheeple.

By: Joe in JT

Joe in JT — Mon, 28 Jun 2010 00:05:51 +0000

JOHN2

What an absolutely amazing story by John2 !!
Here’s a guy and his wife having 800 Fico scores, 40K down payment, and those greedy bastard banksters turned him down on a loan! Incredable.

Hey W Bush, what about the trillion dollar bailout to banksters that was suppose to go to main street Americans like John2 and his wife. The whole Bush/Cheney/Paulson crowd should be thrown in jail

By: Joe in JT

Joe in JT — Sun, 27 Jun 2010 23:54:08 +0000

I once just watched as a neighbor had his house built right in front of me. As each contractor came in I just kept adding and adding to what I thought the cost would be. Labor, materials, roofing and so on. I came up with 70K as to what it should cost to build. To my amazement the price on the house was 234K. This never made sense to me. The sucker in all this is tale end Charlie, the buyer. The buyer is just happy to get his stupid loan from the bank. He doesn’t consider what the house is really worth.

From the begining of the boom(around the year 2002) I
never understood how a person would pay so much for a house that is so cheap.