“That was really just a bubble. Now that we see that the whole bubble has burst, we see really that the economy was hollow to its core.”
David Madland, Center for American Progress
Thanks Housing Panic for the video.
On February 21, 2008, In Uncategorized, By Chuck Ponzi
About The Author
Housing Blogger Feed
- Bits Bucket for February 7, 2012
- Traffic Report – 56/15
- NWMLS: Redefining “Astounding� as Prices Keep Falling
- CR Calls Bottom
- Eschew
- Bubble Bloggers Buying Houses: Officially a Trend
- Burst of Euphoria
- Irvine Council Members Differ on Inclusion of Set-Aside in Housing Element
- Bits Bucket for February 6, 2012
- Crack of Doom: Reinventing Scarcity?
- Loserville
- Robo-Selling
- A Lost Decade-Plus for San Diego Home Prices
- You Gotta Be Kidding
- Shamus
- Poll: What year will we first see 5% or more year-over-year home price gains?
- Bits Bucket for February 5, 2012
- Homebuyer Stress Relief
- January Sales
- Weekly Twitter Digest (Link Roundup) for 2012-02-04
Economics Blogger Feed
- New Merkozy Proposal "I will Give You Money If You Give It Right Back"; Mathematical Scam to Prevent CDS Triggers
- Mortgage Settlement: More than 40 states have agreed
- My Newfound Respect for Hank Paulson
- Existing Home Inventory declines 21% year-over-year in early February
- Fewer Nonfarm Employees Now Than December 2000; Unemployment Rate: Some Things Still Don't Add Up; Obamanomics?
- My Surprise Favorite Superbowl Commercial
- What’s Another Day in the Greek Debt Saga?
- 10 Monday PM Reads
- Housing: The Two Bottoms
- Amazon May Experiment with Physical Bookstores
- Is Romney to Blame for Paying Low Taxes or is 72,536 Pages of Tax Code to Blame? What's the Real Solution? Thanks to AMT, Man Pays 102% Tax Rate
- Tinkerbell Economics – The Confidence Fairy, Pixie Dust and a Sleeping Dragon
- Investing in Foreclosures: How One Company Does It
- Employment Chart Palooza
- The Housing Bottom is Here
- Magazine Cover Indicator: New York “End of Wall Street�
- Who Is President Matters Much Less Than We Think
- Which Way Next for Precious Metals?
- An Adult Approach – I (Investing in a Vulgar Age)
- The Mess has Moved!
Real-Time Real Estate News
- The government bubble - Asia Times Online
- New index shows housing market heating up again - Montreal Gazette
- Rogersville Board of Aldermen Approves Plan to Boost Housing Market - OzarksFirst.com
- Metro Detroit's housing market makes improvement list - Detroit Free Press
- Canada's Housing Bubble Is Stretched to the Limit - theTrumpet.com
- Home sales surge; prices keep diving in Rock River Valley - Rockford Register Star
- Foreclosure deal has 40 states, but others balk
- Osborne to allow curbs on size of mortgages to prevent another housing bubble - Daily Mail
- UK house prices rise in January, Halifax says - Telegraph.co.uk
- NAHB: List of Improving Housing Markets Expands to 98 - HNN Huntingtonnews.net
- Crabtree report: Housing market weakens slightly - Bakersfield Californian
- Is the Housing Market Finally Ready to Rebound? - Mother Jones
- Hawaii island and Kauai housing markets mostly flat - Honolulu Star-Advertiser
- January Housing Scorecard Released by HUD, Treasury
- Metro Detroit housing market improving, says national home builder group - Detroit Free Press
- Industrial and Multi-family Loans Drive Annual CRE Increase
- MBS RECAP: 2/6/2012
- European Headlines Help Mortgage Rates Bounce Back
- Metro Detroit makes improving housing markets index for first time - The Detroit News
- Explaining the Housing Bubble to Robert Samuelson - Business Insider