The coming real estates crisis
-
Are you sure you want to delete this post?
944. See how big the bubble is (1/25/2017)
17 years ago, I found the Feds moved the area residents away and bought in houses in large scale. (see #733, 734, 736. CASH FOR HOUSE). As early as 2003, I warned of a housing bubble. (see #180. Beware of housing bubble (11/16/03))That bubble keeps growing up until now. I think that's because They failed to eliminate Kat Sung. The result is: San Jose becomes No.1 highest median house price city (where I live) and San Franciso is the No.2. (Where my mother and sisters live). [quote] Report: San Jose, Not San Francisco, Has Highest Median Home Price In Country
BY JACK MORSE IN NEWS ON AUG 12, 2016 San Jose, with a median home price of $1,085,000, currently ranks as the most expensive metropolitan area for would-be home owners. The second most expensive? That would be San Francisco coming in at $885,600. sfist.com/2016/08/12/san_jose_not_san_f...
Here is a chart of midian home sale prices of San Francisco. The curve is accordant to the persecution course the Feds apply on me. The unusual upward price started from 1993. Though the chart author thought there were two bubbles, it is still a big one in fact. The bubble stopped growing up in 2008 due to financial tsunami but the Feds managed to prevent it from breaking. The down turn was mild. Even in lowest point of 2011, it's 695,000. Double the amount of starting price.
[img]http://wolfstreet.com/wp-content/uploads/2015/06/US-San-Francisco-California-median-home-sales-prices-1971-2015-05.png[/img]
wolfstreet.com/wp-content/uploads/2015/... From steep curve you may see how big this bubble is.
-
-
-
-
-
Democrat
Colorado Springs, CO
-
-
-
Are you sure you want to delete this post?
Dutch Wrote: Katsung, kind of strange. Here in FL (Ft.Myers) my house "price" is totally "flat" the price has not moved one penny since the crash in 2008. I live on an golf course and it is an luxury house. Thus explain that to me. Look at that chart. They pour the money into San Jose, St. Francisco area because that's where my relatives and I live. The Feds suck the money through the house trading so the price curve there is unusual twisted. The FBI and DEA maintain their work through looting their victims. The Q.E. invested $40 billion each month to that area. Obviously that big money only blow up the balloon in that area. It seems the Feds had no case in your area, so they leave it alone. 8. FBI's profit Everything shows that law enforcement agent use isotope money tracing if you have cash savings at home. But how could they steal from innocent people? Later I learned from 'National Geography' (1961, June) In article " FBI: public friend number one ". ' Mr. Hoover prides upon the "profit" it shows annually. During fiscal 1960 the FBI received $113,600,000 in operating funds. Fines, savings, and recoveries of stolen property and contraband in cases investigated by the FBI amounted to $142,822,244, or $1.25 returned for every dollar invested by the taxpayer.' It's that 'profit' chase makes FBI a looter. It's that black box practise makes FBI closed and untouchable and new high tech weapons killing without trace makes them ruthless. How do you expect them be in justice while their purpose is pursuing 'profit'? We need an independent commission to check the conduct of law enforcement agency, or otherwise America is ruled by a government mafia. 945. The 2017 bubble(2/1/2017)
It was the popping up of the housing bubble that caused the financial tsunami in 2008. The bubble hasn't been cleaned up completely. The real estate loan were lended from banks. No big bank collapsed. They were bailed out by government with tax-payers' money. The banks still held large quantity of foreclosed houses. Then we saw Federal Reserve's Quantitative easy program. That money took over the foreclosed houses for a larger bubble. QE3, where the central bank had spent close to $40 billion per month in mortgage-backed securities. So much money injected into real estate's area, that's why I said there is only one bubble - the 2007 one hasn't been cleaned up and the residue has been extended to a even bigger one - I call it 2017 bubble.
A bubble needs money to keep it to inflating. Federal Reserve had spent nearly four trillion to blow up such a big real estate ballon. It seems they don't want to pour money into that hole any more. So a crook is pushed out to take that responsibility. I say 2017 bubble because: 1. Federal Reserve said it likely will increase interest twice this year - that will pop up the housing bubble. 2. The unprecedented 2016 election in US that put an unqualified man on president seat. I said something big will happen that nobody (party) want to take the responsibility. (see "902. Trump's job (2) (5/7/2016)") 3. Something big (other then the coming economic crisis) will take place in Europe: War; natural disaster; terror attack.... to distract people from that economic crisis, and drive the money in Europe to US to take over the bubble too. It relates to Russian. I believe Putin is bribed by the Feds to cooperate on this. Trump's Russian love is not a coincidence. wolfstreet.com/wp-content/uploads/2015/...
-
Are you sure you want to delete this post?
Dutch Wrote: Katsung, kind of strange. Here in FL (Ft.Myers) my house "price" is totally "flat" the price has not moved one penny since the crash in 2008. I live on an golf course and it is an luxury house. Thus explain that to me. Look at that chart. They pour the money into San Jose, St. Francisco area because that's where my relatives and I live. The Feds suck the money through the house trading so the price curve there is unusual twisted. The FBI and DEA maintain their work through looting their victims. The Q.E. invested $40 billion each month to that area. Obviously that big money only blow up the balloon in that area. It seems the Feds had no case in your area, so they leave it alone. 8. FBI's profit Everything shows that law enforcement agent use isotope money tracing if you have cash savings at home. But how could they steal from innocent people? Later I learned from 'National Geography' (1961, June) In article " FBI: public friend number one ". ' Mr. Hoover prides upon the "profit" it shows annually. During fiscal 1960 the FBI received $113,600,000 in operating funds. Fines, savings, and recoveries of stolen property and contraband in cases investigated by the FBI amounted to $142,822,244, or $1.25 returned for every dollar invested by the taxpayer.' It's that 'profit' chase makes FBI a looter. It's that black box practise makes FBI closed and untouchable and new high tech weapons killing without trace makes them ruthless. How do you expect them be in justice while their purpose is pursuing 'profit'? We need an independent commission to check the conduct of law enforcement agency, or otherwise America is ruled by a government mafia. 945. The 2017 bubble(2/1/2017)
It was the popping up of the housing bubble that caused the financial tsunami in 2008. The bubble hasn't been cleaned up completely. The real estate loan were lended from banks. No big bank collapsed. They were bailed out by government with tax-payers' money. The banks still held large quantity of foreclosed houses. Then we saw Federal Reserve's Quantitative easy program. That money took over the foreclosed houses for a larger bubble. QE3, where the central bank had spent close to $40 billion per month in mortgage-backed securities. So much money injected into real estate's area, that's why I said there is only one bubble - the 2007 one hasn't been cleaned up and the residue has been extended to a even bigger one - I call it 2017 bubble.
A bubble needs money to keep it to inflating. Federal Reserve had spent nearly four trillion to blow up such a big real estate ballon. It seems they don't want to pour money into that hole any more. So a crook is pushed out to take that responsibility. I say 2017 bubble because: 1. Federal Reserve said it likely will increase interest twice this year - that will pop up the housing bubble. 2. The unprecedented 2016 election in US that put an unqualified man on president seat. I said something big will happen that nobody (party) want to take the responsibility. (see "902. Trump's job (2) (5/7/2016)") 3. Something big (other then the coming economic crisis) will take place in Europe: War; natural disaster; terror attack.... to distract people from that economic crisis, and drive the money in Europe to US to take over the bubble too. It relates to Russian. I believe Putin is bribed by the Feds to cooperate on this. Trump's Russian love is not a coincidence. wolfstreet.com/wp-content/uploads/2015/...
-
Are you sure you want to delete this post?
Dutch Wrote: Katsung, kind of strange. Here in FL (Ft.Myers) my house "price" is totally "flat" the price has not moved one penny since the crash in 2008. I live on an golf course and it is an luxury house. Thus explain that to me. Look at that chart. They pour the money into San Jose, St. Francisco area because that's where my relatives and I live. The Feds suck the money through the house trading so the price curve there is unusual twisted. The FBI and DEA maintain their work through looting their victims. The Q.E. invested $40 billion each month to that area. Obviously that big money only blow up the balloon in that area. It seems the Feds had no case in your area, so they leave it alone. 8. FBI's profit Everything shows that law enforcement agent use isotope money tracing if you have cash savings at home. But how could they steal from innocent people? Later I learned from 'National Geography' (1961, June) In article " FBI: public friend number one ". ' Mr. Hoover prides upon the "profit" it shows annually. During fiscal 1960 the FBI received $113,600,000 in operating funds. Fines, savings, and recoveries of stolen property and contraband in cases investigated by the FBI amounted to $142,822,244, or $1.25 returned for every dollar invested by the taxpayer.' It's that 'profit' chase makes FBI a looter. It's that black box practise makes FBI closed and untouchable and new high tech weapons killing without trace makes them ruthless. How do you expect them be in justice while their purpose is pursuing 'profit'? We need an independent commission to check the conduct of law enforcement agency, or otherwise America is ruled by a government mafia. 945. The 2017 bubble(2/1/2017)
It was the popping up of the housing bubble that caused the financial tsunami in 2008. The bubble hasn't been cleaned up completely. The real estate loan were lended from banks. No big bank collapsed. They were bailed out by government with tax-payers' money. The banks still held large quantity of foreclosed houses. Then we saw Federal Reserve's Quantitative easy program. That money took over the foreclosed houses for a larger bubble. QE3, where the central bank had spent close to $40 billion per month in mortgage-backed securities. So much money injected into real estate's area, that's why I said there is only one bubble - the 2007 one hasn't been cleaned up and the residue has been extended to a even bigger one - I call it 2017 bubble.
A bubble needs money to keep it to inflating. Federal Reserve had spent nearly four trillion to blow up such a big real estate ballon. It seems they don't want to pour money into that hole any more. So a crook is pushed out to take that responsibility. I say 2017 bubble because: 1. Federal Reserve said it likely will increase interest twice this year - that will pop up the housing bubble. 2. The unprecedented 2016 election in US that put an unqualified man on president seat. I said something big will happen that nobody (party) want to take the responsibility. (see "902. Trump's job (2) (5/7/2016)") 3. Something big (other then the coming economic crisis) will take place in Europe: War; natural disaster; terror attack.... to distract people from that economic crisis, and drive the money in Europe to US to take over the bubble too. It relates to Russian. I believe Putin is bribed by the Feds to cooperate on this. Trump's Russian love is not a coincidence. wolfstreet.com/wp-content/uploads/2015/...
-
Are you sure you want to delete this post?
946. Two unprecedented big bubbles(2/8/2017)
Real estates bubble.(see chart at #944) Stock market bubble.
[img]http://www.zerohedge.com/sites/default/files/images/user230519/imageroot/2017/01/27/2017.01.27%20-%20Dow%20LT_0.jpg[/img]
zerohedge.com/sites/default/files/image... You don't have to be an expert to realize the two big balloons Americans are facing. Yet where are those professionals, economical officials and media people? In coming months, you will see a lot of news, events to encourage people to jump into the speculation pool to buy the securities, houses. [quote]Trump to Halt Obama Fiduciary Rule, Order Review of Dodd-Frank
Katherine Chiglinsky, Justin Sink, Elizabeth Dexheimer
Bloomberg February 2, 2017 President Donald Trump will halt an Obama administration regulation, hated by the financial industry, that requires retirement advisers to work in the best interests of their clients, while the new administration reviews the rule. The president also will order a review of Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said. Trump is scheduled to issue the directives at a signing ceremony around noon on Friday following a meeting of more than a dozen top corporate executives led byBlackstone Group LP Chief Executive OfficerSteve Schwarzman. finance.yahoo.com/news/trump-halt-obama-fiduciary-rule-063803815.html Trump is going to open a pandola box to release financial demons. Those demons had caused 2008 financial tsunami, were locked up by Obama, Trump wants to free them to make America greater? It's funny that they accuse Clinton represents the interest of Wall Street. What about Trump?
Read 2 and 3 of last message(#945) to see how the Feds rule this country.
-
Are you sure you want to delete this post?
946. Two unprecedented big bubbles(2/8/2017)
Real estates bubble.(see chart at #944) Stock market bubble.
[img]http://www.zerohedge.com/sites/default/files/images/user230519/imageroot/2017/01/27/2017.01.27%20-%20Dow%20LT_0.jpg[/img]
zerohedge.com/sites/default/files/image... You don't have to be an expert to realize the two big balloons Americans are facing. Yet where are those professionals, economical officials and media people? In coming months, you will see a lot of news, events to encourage people to jump into the speculation pool to buy the securities, houses. [quote]Trump to Halt Obama Fiduciary Rule, Order Review of Dodd-Frank
Katherine Chiglinsky, Justin Sink, Elizabeth Dexheimer
Bloomberg February 2, 2017 President Donald Trump will halt an Obama administration regulation, hated by the financial industry, that requires retirement advisers to work in the best interests of their clients, while the new administration reviews the rule. The president also will order a review of Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said. Trump is scheduled to issue the directives at a signing ceremony around noon on Friday following a meeting of more than a dozen top corporate executives led byBlackstone Group LP Chief Executive OfficerSteve Schwarzman. finance.yahoo.com/news/trump-halt-obama-fiduciary-rule-063803815.html Trump is going to open a pandola box to release financial demons. Those demons had caused 2008 financial tsunami, were locked up by Obama, Trump wants to free them to make America greater? It's funny that they accuse Clinton represents the interest of Wall Street. What about Trump?
Read 2 and 3 of last message(#945) to see how the Feds rule this country.
|