http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/ How I Learned to Love Southern California and Forget the Housing Bubble Thu, 18 Mar 2010 05:30:59 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/comment-page-1/#comment-40695 Jim Smith Thu, 08 Oct 2009 02:40:56 +0000 http://www.doctorhousingbubble.com/?p=2360#comment-40695 In my unprofessional opinion, I think with the consolidation of WAMU and Countrywide the U.S. Government at arms link (and with tax $$$) will have the main 2 or 3 banks (Wells, Chase, BofA etc) control how this inventory is brought to market. They know if these millions or whatever the number of homes are floods the market, this country is finished for period of time. In my unprofessional opinion, I think with the consolidation of WAMU and Countrywide the U.S. Government at arms link (and with tax $$$) will have the main 2 or 3 banks (Wells, Chase, BofA etc) control how this inventory is brought to market. They know if these millions or whatever the number of homes are floods the market, this country is finished for period of time.

]]> http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/comment-page-1/#comment-40425 Matt Mon, 28 Sep 2009 20:56:00 +0000 http://www.doctorhousingbubble.com/?p=2360#comment-40425 Run on the banks will be a bit more difficult now that we (the taxpayers, voters, etc) have given the banks trillions of dollars through the bailouts. It's hard for me to judge how much shadow inventory a trillion of dollars can provide, and how much longer the bubble prices in LA westside, for example, can persist. I was advocating to audit the FED for that very reason: http://echoesofwisdom.blogspot.com/2009/09/shadow-inventory-of-houses-another.html However, as Tom says above, the government and the FED are in bed together when it comes to money, so Auditing and ending the FED is not enough! Run on the banks will be a bit more difficult now that we (the taxpayers, voters, etc) have given the banks trillions of dollars through the bailouts. It’s hard for me to judge how much shadow inventory a trillion of dollars can provide, and how much longer the bubble prices in LA westside, for example, can persist. I was advocating to audit the FED for that very reason: http://echoesofwisdom.blogspot.com/2009/09/shadow-inventory-of-houses-another.html
However, as Tom says above, the government and the FED are in bed together when it comes to money, so Auditing and ending the FED is not enough!

]]> http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/comment-page-1/#comment-40239 Andy Paul Tue, 22 Sep 2009 12:48:15 +0000 http://www.doctorhousingbubble.com/?p=2360#comment-40239 rock on rock on

]]> http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/comment-page-1/#comment-40041 PDQ Tue, 15 Sep 2009 01:15:08 +0000 http://www.doctorhousingbubble.com/?p=2360#comment-40041 Wells Fargo FIRED their VP today: http://www.latimes.com/business/la-fi-malibu-wells15-2009sep15,0,3886240.story Wells Fargo FIRED their VP today: http://www.latimes.com/business/la-fi-malibu-wells15-2009sep15,0,3886240.story

]]> http://www.doctorhousingbubble.com/shadow-inventory-revisited-silent-alt-a-mortgages-southern-california-reo-and-the-great-public-swindle/comment-page-1/#comment-40040 NickHandle Tue, 15 Sep 2009 01:14:14 +0000 http://www.doctorhousingbubble.com/?p=2360#comment-40040 According to Business Week, ( http://www.businessweek.com/the_thread/hotproperty/archives/2009/09/wells_fires_exe.html ), the executive who partied int he house mentioned in the LA Times just got fired. It is nice that the LA Times gets such quick response. It would be even nicer if this blog would get a similar kind of response for all the shenanigans it exposes. According to Business Week, ( http://www.businessweek.com/the_thread/hotproperty/archives/2009/09/wells_fires_exe.html ), the executive who partied int he house mentioned in the LA Times just got fired. It is nice that the LA Times gets such quick response. It would be even nicer if this blog would get a similar kind of response for all the shenanigans it exposes.

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