Real estate and marriage
Here is a clip where the real estate market both keeps prospective couples apart and keeps divorcing couples together.
It only goes to show that real estate can be an extremely liquid asset.
The latest Peter Schiff Interview
Peter is the man. Every time he turns up on the TV he wipes the floor with every other panel member. He is the voice of reason, good sense and financial prudence.
Here Peter predicted that the price of oil going to $150 a barrel. The logic was straightforward. One day, China will stop keeping their domestic currency low relative to the dollar. Once the Yuan appreciates, the dollar price of oil will fall, and then demand from Asia will shoot up. This increased demand for oil will push the price up towards $150 a barrel.
Go, Peter, Go.
Start at the top and work your way down.
Japanese real estate - bubbling again
Here is a short news clip about the recovery of the Japanese real estate market. Since it crashed in 1989, the Japanese market has been in more or less constant freefall. Given the unfolding disaster here in the US, it could take a similar length of time before we hear about a recovery here.
California nightmare
Find out all you need to know about the collapsing Californian market in just 45 short seconds.
Foreclosure firesale
In this clip, a foreclosure vulture takes us through a house that is currently priced at $165,000 below comps.
Crashing central california
The housing crash is accelerating in Central California; mounting losses, developers srambling to get out, and slash and burn auctions everywhere.
Peter Schiff
Here is Peter on the recent Fed interest rate cut. He was in fine form that day, making his opponent look like a complete fool.
Song for America
Everyone has their own way of coming to terms with the housing bubble. This joker decides that music and song is the best way to deal with his pain.
The real estate bubble - where did it go?
This old chi-lites hit is one of my favorite songs from the 1970s. It is now put to good use lamenting the disappearance of the housing bubble.
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