Comments on: Get Over It because there will be no Housing Boom This Decade – 5 Factors That Will Drag Housing Down in the Next Ten Years. http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/ How I Learned to Love Southern California and Forget the Housing Bubble Thu, 09 Feb 2012 06:16:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: bill http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/#comment-45461 bill Fri, 26 Feb 2010 04:12:37 +0000 http://www.doctorhousingbubble.com/?p=3044#comment-45461 WP...I believe the next thing that they will try is the bank holiday..it just falls in line with the trials that have been put into motion (argentina..iceland)...greece was hatched and forced out into the open as a diversion and to buy time for the buck....the elite exist and are two steps ahead of the trend ...the clowns in office are just mislead actors playing parts for a larger purpose...some knowing some not.. my advice....take out a fixed 30 year loan on the best house you can afford to keep up the payments on ...LIVE IN IT..GET OUT OF THE STOCK AND BOND MARKET,...TAKE THE TAX HIT...shelter your money in canadian mining certificates ...oil ...metals...and fertilizer companies...think preservation of capital...to sit and whine that housing is doomed for a decade is just silly...this presumes that the money changers are just going to lay to waste...if there is one thing I know ... at all times in all economies money WILL BE MADE and time is just about up for sheering the sheep,,the game will continue,,think bank holiday..look at what citibank is doing in texas.....july 2010 .draws near WP…I believe the next thing that they will try is the bank holiday..it just falls in line with the trials that have been put into motion (argentina..iceland)…greece was hatched and forced out into the open as a diversion and to buy time for the buck….the elite exist and are two steps ahead of the trend …the clowns in office are just mislead actors playing parts for a larger purpose…some knowing some not.. my advice….take out a fixed 30 year loan on the best house you can afford to keep up the payments on …LIVE IN IT..GET OUT OF THE STOCK AND BOND MARKET,…TAKE THE TAX HIT…shelter your money in canadian mining certificates …oil …metals…and fertilizer companies…think preservation of capital…to sit and whine that housing is doomed for a decade is just silly…this presumes that the money changers are just going to lay to waste…if there is one thing I know … at all times in all economies money WILL BE MADE and time is just about up for sheering the sheep,,the game will continue,,think bank holiday..look at what citibank is doing in texas…..july 2010 .draws near

]]> By: bill http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/#comment-45433 bill Thu, 25 Feb 2010 04:05:54 +0000 http://www.doctorhousingbubble.com/?p=3044#comment-45433 steve...;THERE WAS NO REAL INFLATION AFTER THE DEVALUATION....is that what you said...really...are you DAFT man...THe devaluation WAS THE INFLATION...SHEESH....now that I have cleared the air on that,I would like to talk about common sense..you see common sense is available to all....it is just that some people like to try to tell other people that things are way too technical ..or there are too many variables...or let us take care of the details...guess what...most americans are hard working blokes that can see through what these idiots are pulling...the lives of our childeren are being enslaved by a certain group of greedy creatin...I have to ask ...in september of 2008 were you counting your 401k balance.....dreaming of all your good fortune...I bet you were...I was telling everyone I knew to liquidate..look ahead man ..sorry... dont mean to get personel steve…;THERE WAS NO REAL INFLATION AFTER THE DEVALUATION….is that what you said…really…are you DAFT man…THe devaluation WAS THE INFLATION…SHEESH….now that I have cleared the air on that,I would like to talk about common sense..you see common sense is available to all….it is just that some people like to try to tell other people that things are way too technical ..or there are too many variables…or let us take care of the details…guess what…most americans are hard working blokes that can see through what these idiots are pulling…the lives of our childeren are being enslaved by a certain group of greedy creatin…I have to ask …in september of 2008 were you counting your 401k balance…..dreaming of all your good fortune…I bet you were…I was telling everyone I knew to liquidate..look ahead man ..sorry… dont mean to get personel

]]> By: bill http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/#comment-45428 bill Wed, 24 Feb 2010 23:21:09 +0000 http://www.doctorhousingbubble.com/?p=3044#comment-45428 steve..knowing friends who have lost thier life savings in the devaluation I must disagree with your (devil may care attitude) yes they are better off now ..but what about the great THEFT..for some...I wish not to scare but to open some eyes.I have a strong belief we will survive but some may not want to be out in the storm steve..knowing friends who have lost thier life savings in the devaluation I must disagree with your (devil may care attitude) yes they are better off now ..but what about the great THEFT..for some…I wish not to scare but to open some eyes.I have a strong belief we will survive but some may not want to be out in the storm

]]> By: jmb27 http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/#comment-45423 jmb27 Wed, 24 Feb 2010 22:25:46 +0000 http://www.doctorhousingbubble.com/?p=3044#comment-45423 Predatory Lending is a major contributor to the economic turmoil we are currently experiencing. Here is an example of what I am talking about: Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.) Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices: "Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM." The Center for Responsible Lending says YSP "steals equity from struggling families." 1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers. http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.

Here is an example of what I am talking about:
Scott Veerkamp / Predatory Lending (Franklin Township School Board Member.)

Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices:
“Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages. These secret bonus payments, often called Yield Spread Premiums, turned home mortgages into a SCAM.”

The Center for Responsible Lending says YSP “steals equity from struggling families.”
1. Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees. 2. This is an average of $5,000 per loan. 3. The median value of the properties was $135,000. 4. Clearly, this type of lending represents a major ripoff for consumers.

http://merkley.senate.gov/newsroom/press/release/?id=A09C6A80-537A-4EB1-83C5-31925F046B6F

]]> By: bill http://www.doctorhousingbubble.com/get-over-it-because-there-will-be-no-housing-boom-this-decade-%e2%80%93-5-factors-that-will-drag-housing-down-in-the-next-ten-years/#comment-45419 bill Wed, 24 Feb 2010 20:45:57 +0000 http://www.doctorhousingbubble.com/?p=3044#comment-45419 run for the hills..you ask..hell no..will the argentine expierience visit our great land...yes..in a similar way,although not exact..imho...we are to witness a similar devaluation...via bank holiday..what is to pop is the bond bubble.. the proceeds will be slushed back to real estate..the strength of the new dollar will be tied not to a promise.. as before.. but to a piece of REAL estate..kind of makes sense...we can no longer fool the world with our full faith that we will pay back..thats over..as in argentina the banks ..will have lost thier credibility...in buenos aries .property priced in dollars 18 months after the devaluation moved back to pre crisis value. after initialy losing 40 %...sound familar..after the (bank holiday)..property priced in pesos zoomed 4 fold...so...if you owed 100,000 pesos on a new home pre crisis ..you now could sell today for 400,000. pesos (old pesos) you see realestate became the last go to asset for the masses with money to shelter...you WILL see that here....this game is a frog in a pot..the water is about to boil run for the hills..you ask..hell no..will the argentine expierience visit our great land…yes..in a similar way,although not exact..imho…we are to witness a similar devaluation…via bank holiday..what is to pop is the bond bubble.. the proceeds will be slushed back to real estate..the strength of the new dollar will be tied not to a promise.. as before.. but to a piece of REAL estate..kind of makes sense…we can no longer fool the world with our full faith that we will pay back..thats over..as in argentina the banks ..will have lost thier credibility…in buenos aries .property priced in dollars 18 months after the devaluation moved back to pre crisis value. after initialy losing 40 %…sound familar..after the (bank holiday)..property priced in pesos zoomed 4 fold…so…if you owed 100,000 pesos on a new home pre crisis ..you now could sell today for 400,000. pesos (old pesos) you see realestate became the last go to asset for the masses with money to shelter…you WILL see that here….this game is a frog in a pot..the water is about to boil

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