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CENTRAL CALIFORNIA HOUSING CRASH

Mixed Martial Arts Video Collection
Mixed Martial Arts Video Collection Mixed Martial Arts Video Collection
Mixed Martial Arts Video Collection

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Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: john67elco

Length: 02:26
Rating: 4.42
Views: 79601

Tags: bubble  crash  estate  foreclosure  french  housing  real  subprime  temecula  valley  

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Video Comments

AngryGoyim (November 30, 1999 at 12:00 am)
Dude...you're awesome! The Jewish economic policies of easy money, usury, and fiat currency spell DOOM for America. The Jews have destroyed another self sufficient western nation. They did the same thing in the pre-WWII Weimar Republic. Only this time around, they used our OWN greed and stupidity to do us in.
JetMech72 (November 30, 1999 at 12:00 am)
Yeah, keep telling yourself that. Australia is looking for people with degrees in engineering and their economy is booming. Can you say; "G'day mate"?
emforty2 (November 30, 1999 at 12:00 am)
fueled by greedsuffer the consequence
ferkco (November 30, 1999 at 12:00 am)
I think its pretty easy. People's incomes now can't pay the monthly mortgage cause now its service industry. Why do they want to keep prices high on houses people can't afford to buy. I guess its so the neighbors houses won't depreciate as fast. What I'm saying is everybody is going to be living in multi million dollar houses soon but a loaf of bread will also cost $10. Basically I think we are going the way of the peso so our money will then be equivalent to the rest of South America. So sad.
atencopic (November 30, 1999 at 12:00 am)
The Jewish bankers who caused this need to be held accountable:Lloyd Blankfein: Chairman & CEO (Goldman Sachs)Martin Feldstein: Director (AIG)Alan Fishman: CEO (WaMu)Richard S. Fuld, Jr CEO (Lehman)Stephen Roach: Managing Director & Economist (Morgan Stanley)James E. Cayne: Former CEO (Bear Stearns)Alan Schwartz: CEO (Bear Stearns)Alan Greenspan Former Chairman, Federal ReserveBen Bernanke Chairman, Federal Reserve
GenXFuturist101 (November 30, 1999 at 12:00 am)
I predicted this some time agoGooglehome ownership & rational regulation& follow the America Debates forum link
flatsignedbooks (November 30, 1999 at 12:00 am)
In a world financial collapse, where are you going to go?
bluejay02920 (November 30, 1999 at 12:00 am)
the economy will crash and never recover. Best deal is to escape to another country
gjsterp (November 30, 1999 at 12:00 am)
The builders won big time in California for the last 8 years and so did the real estate people, as did the State.They already made their money, and were delivering for the most part defective housing, using cheap labor - mexicans.I saw the crews working on there house. One white guy to 5 latinos.I doubt they were paying the latinos the same wages as the white guy.Besides the latinos for the most part are very hard and reliable workers.This is coming from a white guy.
gjsterp (November 30, 1999 at 12:00 am)
Not true. The builders have been winning in California the most, since the housing boom, which began in about 2001.If they bought their land cheap as they were building the prices were going up.Once when I was pricing the price went up $11K in a week. So they made out. Yes, they are losing now.That is the chance they take.They were also buiding home to sub standards and using inexperienced labor, which added to the problem or defects.Keep in mind as these prices went up, labor costs did not

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