An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.Categories
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October 23rd, 2009 at 9:17 pm
YouTube – How Weed …
YouTube – How Weed Won the West
watch?v=MzT1a1NKoKM
October 23rd, 2009 at 9:17 pm
Wrong, democrats …
Wrong, democrats took control of congress in 2006.
Thornberg is spot on.
October 23rd, 2009 at 9:17 pm
Nice try. Keep it …
Nice try. Keep it up check out esteembpo + com for social media marketing. gthy
October 23rd, 2009 at 9:17 pm
How right is this …
How right is this guy, it all makes perfect sense. This video was made at the end of 2006 (I think he says).
Average USA house price 2006 Quarter 4 $257.671.
Average USA house price 2009 Q1 $169,000.
Average Los Angleles price December 2006 $533,000
Average Los Angleles price February 2009 $ 303,500.
Las Vegas December 2006 $323,000
Las Vegas February 2009 $155,000.
Its a simlar story everywhere in the USA.
October 23rd, 2009 at 9:17 pm
I really liked your …
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October 23rd, 2009 at 9:17 pm
This STUPID housing …
This STUPID housing market thing reminds of how STUPID people are when they were ALL IN A HURRY to buy a home. I guess when loan co. decided to make it EASIER for almost ANYBODY to get in. “What’s the hurry, man!!” This is when people (I heard) were actually IN LINES to buy!! WHAT”S UP MAN!!!!!! This is NOT Circuit City/Best Buy etc black Friday, now… GGGEEEE
October 23rd, 2009 at 9:17 pm
just two months ago …
just two months ago a barber explained to me what a great investment canadian real estate is–now was. what everyone knows is always wrong–eventually.
October 23rd, 2009 at 9:17 pm
WOW ! This was …
WOW ! This was posted in 2007 ! So. Ca R.E market hasn’t gotten alot worse since !
October 23rd, 2009 at 9:17 pm
Nice Vid. I …
Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.
October 23rd, 2009 at 9:17 pm
nice video thanks
nice video thanks
October 23rd, 2009 at 9:17 pm
now where is all …
now where is all the money they stole from everyone
heck we can’t even find out where the bailout went let alone to where all the trillions went.
October 23rd, 2009 at 9:17 pm
These aren’t my …
These aren’t my mistakes. I’m for a 3rd party – Green Party.
2001-2007 was the first time in decades that one party(Republican) had both the majority in Congress and the presidency. We were able to find out once and for all what the Repubs could do without Dems in the way.
We found out.
I’m in the mortgage busness. I saw this comming in 2003. I was in CA and there was an obvious bubble. But no one even wanted to acknowlege it.
October 23rd, 2009 at 9:17 pm
The bubble was …
The bubble was created with Democrats and the Democratic Congress. Stop blaming the conservatives for your mistakes. Think about who is the majority in congress>? Democrats! Liberals can’t say their wrong, sad!
October 23rd, 2009 at 9:17 pm
Do you want to know …
Do you want to know more about real estate?Visit superestate(.)tk_.We have calculator, tips, tutorials everything you want
October 23rd, 2009 at 9:17 pm
I don’t follow.
1 …
I don’t follow.
1. overpopulation’s everywhere.
2. The bubble(and this superficial economy) is caused by Banks, wall street, and the Republican majority giving the green light to them….in exchange for some of the money they siphon from the American people.
3. People are losing their homes everywhere.
October 23rd, 2009 at 9:17 pm
Montgomery Alabama …
Montgomery Alabama is still a good investment for housing.
October 23rd, 2009 at 9:17 pm
Regardless of the …
Regardless of the ups and downs in the market, trying to put quality in to a property is important.
October 23rd, 2009 at 9:17 pm
Many smart folks …
Many smart folks have called it the ‘housing ATM’
October 23rd, 2009 at 9:17 pm
Here in the Phoenix …
Here in the Phoenix area, real estate sales have had a sudden surge, granted prices have fallen sharply in the last few weeks. Listingsupply com indicates that MLS listings in the major US markets are finally starting to fall, which should mean price stability ahead. Let’s hope!
October 23rd, 2009 at 9:17 pm
So, what’s that …
There are several inaccuracies here but none which devalue the general point of the video – illogical use of real estate solely as a speculative tool which always appreciates in value.
So, what’s that appreciation on a cardboard box in a Hooverville
There are many areas outside of these depressed markets which are pretty stable because they did not participate in the bubble. Most Bubbleville residents’ world tends to revolve around themselves.
October 23rd, 2009 at 9:17 pm
Good presentation. …
Good presentation. But one clarification: Piet Eichholtz, a professor of real-estate finance at Maastricht University in the Netherlands, studied 450 years of price history on the Herengracht, or Gentlemen’s Canal. For my own forecast of prices in the UK, search “UK Property” on YouTube. You will see that Builder share prices are a good leading indicator.
October 23rd, 2009 at 9:17 pm
Pretty good stuff …
Pretty good stuff but like most economists and commentators he fails to mention that the housing bubble is really a land price bubble not a house bubble. Houses/improvements to land do not appreciate but land value does. This is due to the fact that the improvements can be increased indefinitely while the supply of land is relatively fixed. When “housing” prices fall it is speculative land prices that fall. Modern economists refuse to treat land separately from capital. Why is that?
October 23rd, 2009 at 9:17 pm
I LOVE THIS …
I LOVE THIS VIDEO.ARTHUR ROBINSON
October 23rd, 2009 at 9:17 pm
I LOVE IT LOVE IT! …
I LOVE IT LOVE IT! Love to see Californias lose there homes! GO HOME get out of Nevada! You have done nothing but drive up living coast and destroy the landscape!
October 23rd, 2009 at 9:17 pm
It turns out that …
It turns out that we really did not need all those Mexican construction workers after all . . .