Archive for the 'california budget' Category

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.


California Underemployment Rate at 24 Percent – 100,000 Workers Will Lose their Unemployment Insurance. No Housing Recovery can be had without Employment Recovering.


California Budget and Mega Housing Analysis – MLS Listing Shows 115,000 Homes and Shadow Inventory has 273,000 Homes Statewide. Cities Running out of Money and Tax Collections at 2000 Levels.


Brazilian Style Living in Southern California – MLS Inventory Creeping up, Section 8 Vouchers for Granite Countertops, and California Budget Going Mayan in 2012.


Financing the Cassandra Effect – People Choose to Ignore Economic Facts Contrary to Their Benefit. MLS in Southern California Going Up? Distress Inventory 3 Times the MLS Data. Big Salaries of Mortgage Brokers Gone.


California Doing a Rendition of the Housing Industry on the Budget – $20 Billion Budget Deficit and Massive Amount of Distress Inventory. How Banks Raided the U.S. Treasury with the aid of the Federal Reserve and have Damaged Housing Further.


Real Homes of Genius – Aggressive Price Cutting in some Mid-tier California Housing Markets. La Mirada Home Selling for half-off 2006 Price. 13.2 Percent Los Angeles County Headline Unemployment rate.


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© 2012 Dr. Housing Bubble