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	<title>Dr. Housing Bubble Blog &#187; california budget</title>
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	<link>http://www.doctorhousingbubble.com</link>
	<description>How I Learned to Love Southern California and Forget the Housing Bubble</description>
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		<title>The Muddle Years – Why the California economy is destined for years of slow growth and declining home values.  10 charts showing California still deep in recession and no state budget as we enter September.</title>
		<link>http://www.doctorhousingbubble.com/the-muddle-years-california-budget-10-charts-housing-price-declines-slow-economy-for-years/</link>
		<comments>http://www.doctorhousingbubble.com/the-muddle-years-california-budget-10-charts-housing-price-declines-slow-economy-for-years/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 05:51:32 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[california budget]]></category>
		<category><![CDATA[employment]]></category>
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		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[market history]]></category>
		<category><![CDATA[psychology]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[wall street]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[california]]></category>
		<category><![CDATA[california housing]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3654</guid>
		<description><![CDATA[California now enters September with no budget in place and a $19 billion budget deficit.  As we edge closer to issuing coveted IOUs, the spin cycle is out in full force.  A report was issued showing that CEOs at the 50 firms that laid off the most workers since the recession started earned an average [...]]]></description>
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		<slash:comments>61</slash:comments>
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		<title>5 reasons why the California real estate market will weaken from August to December of 2010:  California budget delay, inventory growth, and three other important factors.</title>
		<link>http://www.doctorhousingbubble.com/5-reasons-california-real-estate-weak-for-2010-real-estate-inventory-growth-budget-issues/</link>
		<comments>http://www.doctorhousingbubble.com/5-reasons-california-real-estate-weak-for-2010-real-estate-inventory-growth-budget-issues/#comments</comments>
		<pubDate>Sun, 01 Aug 2010 19:46:21 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[alt-a]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[california budget]]></category>
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		<category><![CDATA[debt]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[housing-2010]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[option arms]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[budgets]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[california housing]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[tax credit for real estate]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3509</guid>
		<description><![CDATA[The party is largely over for California real estate.  Lost in the mix of all the economic news is the grim reality that we still don’t have a budget for the state.  We are facing another five weeks delay and days closer to issuing IOUs yet again.  Yet this information is still flying underneath the [...]]]></description>
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		<slash:comments>85</slash:comments>
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		<title>5 reasons why California will face another lost decade in housing – 493,000 real estate agents and brokers for 219,000 homes listed on the MLS.  7 percent of 90+ day late loans in California have no foreclosure filed.  State budget depended on real estate bubble jobs for revenues.</title>
		<link>http://www.doctorhousingbubble.com/5-reasons-california-economy-real-estate-lost-decade-broker-agent-license-high-income-wage-jobs-gone/</link>
		<comments>http://www.doctorhousingbubble.com/5-reasons-california-economy-real-estate-lost-decade-broker-agent-license-high-income-wage-jobs-gone/#comments</comments>
		<pubDate>Sat, 22 May 2010 00:56:51 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[alt-a]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[california budget]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[housing-2010]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[psychology]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[high income]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[lost decade]]></category>
		<category><![CDATA[reos]]></category>
		<category><![CDATA[tax revenue]]></category>
		<category><![CDATA[walkaway]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3310</guid>
		<description><![CDATA[How many real estate agents and brokers does it take to sell a California home?  2 ¼ if we look at current inventory levels and the amount of Californians with a real estate or broker’s license.  One of the early observations of the housing bubble was how much money was being spent in the economy [...]]]></description>
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		<slash:comments>34</slash:comments>
		</item>
		<item>
		<title>California budget and housing are interlinked – California home sales spike but prices remain near the trough.  Why California housing values cannot increase without income and employment growth.</title>
		<link>http://www.doctorhousingbubble.com/california-budget-housing-real-estate-linked-ca-foreclosure-sales-market-forecast-2011/</link>
		<comments>http://www.doctorhousingbubble.com/california-budget-housing-real-estate-linked-ca-foreclosure-sales-market-forecast-2011/#comments</comments>
		<pubDate>Sun, 16 May 2010 07:45:59 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[alt-a]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[california budget]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[housing-2010]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[employment economy]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[jobs]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3286</guid>
		<description><![CDATA[On Friday the Governor gave a grim overview of the problems faced by California.  The California budget is facing a $19.1 billion short fall ensuring a long and drawn out summer of politics and financial hocus pocus.  The Governor even made a brief comparison to Greece for all of those who can’t connect the dots [...]]]></description>
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		<slash:comments>28</slash:comments>
		</item>
		<item>
		<title>California Underemployment Rate at 24 Percent – 100,000 Workers Will Lose their Unemployment Insurance.  No Housing Recovery can be had without Employment Recovering.</title>
		<link>http://www.doctorhousingbubble.com/california-unemployment-insurance-running-out-housing-recovery-with-employment/</link>
		<comments>http://www.doctorhousingbubble.com/california-unemployment-insurance-running-out-housing-recovery-with-employment/#comments</comments>
		<pubDate>Sun, 18 Apr 2010 19:05:59 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[California Love]]></category>
		<category><![CDATA[california budget]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[employment]]></category>
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		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[market data]]></category>
		<category><![CDATA[mls]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[unemployment insurance]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3209</guid>
		<description><![CDATA[California has reached another unfortunate record.  The headline unemployment rate pushed up to a record breaking 12.6 percent.  This translates to 2.3 million Californians completely out of work.  We also have a large number that are working part-time but would like full-time employment.  When we look at the California budget and economy we cannot separate [...]]]></description>
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		<slash:comments>18</slash:comments>
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