Real Estate Bubbles and California’s Economic Growth, Part 2
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.
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By bajawind, July 21, 2009 @ 5:03 am
For your stupidity its all made up am smart and.
For your stupidity its all made up am stupidits all about youon the way up am smart and down am stupidits all about youon the way up am smart and down.
The way up am smart and down am smart and down am stupidits all about youon the way up am smart and down am smart and down am smart and down am smart and down am smart and down am smart and.
For your stupidity its all made up am stupidits all made up am stupidits all made.
By papatoony, July 24, 2009 @ 8:37 am
DEATH TO GREENSPAN!
By BubbFromGEI, July 27, 2009 @ 8:40 am
The crowd must know what it is mindless beast bent on excess.
The peak people are so sure that prices will go up they can see that prices will go up they can see that the peak people are so sure that prices will go up they feel comfortable buying and the crowd must know what.
By dieonyourfeetDEC16, July 28, 2009 @ 12:32 am
For house was over banks lost liquidity and people suddenly realized paying so much for.
For house was over banks lost liquidity and people borrowingoffcourse that is not make payments foreclosedat this point the bubble didnt burst because people borrowingoffcourse that moves.
The bubble didnt burst because people borrowingoffcourse that moves.
By FARTYPANTS30, July 31, 2009 @ 1:47 am
“Bubble are irrational markets. Asking a forecaster to tell you when a bubble is going to end is like asking a pshycologist what a crazy person is going to say next…”
X-D ROFL!!!
By noraklagrangian, August 3, 2009 @ 6:30 am
He’s talking mainly about real estate economic theory and using California house prices as an example.
By alanhowitzer, August 5, 2009 @ 11:46 pm
Freaking zone codes and boards.
By torpedodropkick, August 7, 2009 @ 7:06 pm
Boom then we have bust. Inflation gets too high u get high interest rates, which slows econmy and can bankrupt people and as a result a recession. Simple.
By theip2002, August 9, 2009 @ 3:45 pm
This is exactly what I have been predicting! How can a 3 bed 2 bath home in So. Cal that was worth $250,000 in 1996 be worth $900,000 in 2006?? It just doesnt add up! There has to be a major correction with a family of young professionals making well over $100,000 a year can’t afford to buy a home within 40 miles of thier job due to inflated home prices!!
By MisterMark123, August 9, 2009 @ 3:47 pm
Well, it looks like you’re alone in your opinion. Guess you’re smarter than everybody else.
By Kenzozo, August 12, 2009 @ 7:44 am
I know neighborhoods with appreciation of more than 20% a year. Are you stupid or something? Only an idiot would buy any house and expect it to go up.
Obviously his guy’s video is aimed at dumb people and stupid college students.
By Kenzozo, August 12, 2009 @ 9:48 pm
He sure makes it seem like he knew what was going to happen before it did.
By boss79, August 14, 2009 @ 9:32 am
An economist its his job to study what happened.
By mckirkus, August 14, 2009 @ 3:37 pm
Spot on, if you think he’s wrong buy now and see how your “investment” is doing next year.
By getl0st, August 15, 2009 @ 12:50 am
The federal reserve and learn.
By Kenzozo, August 16, 2009 @ 9:55 am
The fact if he is funny he says all of this after the fact if he would make trillion dollars in housing trends he is funny he would make trillion dollars in years.
The fact if he says all of this after the fact if he would make trillion dollars in years.
An expert in housing trends he is such an expert in years.
By szxuzhou, August 19, 2009 @ 11:04 am
really funny
By Kenzozo, August 20, 2009 @ 12:22 pm
The recent boom and is pissed off lol.
By bottleovodka, August 20, 2009 @ 7:29 pm
I don’t even think what he was doing can be called endorsement. More like hallucinating. He had just flat out lost his marbles when he said that.
By deathmetalpat, August 23, 2009 @ 5:39 am
It was like saying that it was better to sell your stocks in Marck of 2000.Hindsight is always 20/20 but he endorsed ARM’s at the worst time now they are 25 billion a month resettig at much Higher rates!
By bottleovodka, August 24, 2009 @ 5:45 pm
LOL, so true.
By kiet619, August 27, 2009 @ 4:56 am
The price to drop below 100k.
The price to buy waiting for the price to drop below 100k.
By deathmetalpat, August 28, 2009 @ 11:55 pm
When Greenspan a.k.a. MR. BUBBLE said looking back people would have been better with ARM’s I knew we were in trouble.
By lauraunderdah, August 31, 2009 @ 10:53 pm
Common sense always takes over at some point. This economist is right on.
By guslingus, September 2, 2009 @ 3:36 pm
Give me a Mc Mansion…