Home Prices, Historical Data Chart – Glenn Beck explains the housing bubble, why prices must fall
February 10, 2010, Posted by admin at 3:38 am
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You anit kidding because we all better prepare for far worst, because they will get rid of the dollar, then any middle class good paying job, the elect think 20-30 thirty years ahead. this just apart of the plan
Obama is a disaster for America in so many ways. It will get much worse.
obama should rip off riches not the middle classes to assist dead beat, being a middle class is so sad that after tax, you feel like you’ve been working hard but live the same life as who don’t, why are we even bother to work hard??
ron paul wants to limit government
Who was President in 2006? Hmmmm
The diagram is “adjusted for inflation”, so if inflation goes up quickly, the downward of the curve and the stopping of house price decrease no longer conflict with each other.
He said FDR was a bad president when he started “playing with Socialism” to feed the starving. WOW. He is a true moron.
Moral of the story – Big government = weare are screwed!
That chart looks very similar to Yale economist Robert J. Shiller’s
search:
shiller housing chart
All Great empires must fall. We can try to stop it, slow it down or what ever, But it’s sad to say that it is inevitable.
Nice try. Keep it up check out esteembpo + com for social media marketing. ghkjl,
Nice work. keep it up. mean time come for social media marketing for esteembpo**com dg
he is right about one thing…FUCKIN’ deadbeats!
the republicans want a great depression.
so the bottom line is: they need to make the cities bigger to represent the people in their 20,s and 30’s who are looking for houses, the population hasnt gone up that much – but people are moving out of their parent’s houses which creates demand, and massive bubbles in the housing market through that demand. They all want to buy houses at the same time! You need to increase the size of the cities, make them bigger, more houses! More homes!
its not about lending out more money or printing out more money from thin air, its not about another world war to get people out of an economic situation. You need to add more supply to the housing market to stabilize the economy. It’s about stabilizing the supply and demand of the most valuable asset to Americans and the most expensive piece of property that anybody owns: stabilizing the prices of homes. I’m not saying everything needs to be government owned, but you can manipulate supply.
Glen Beck makes a living and pays for his million dollar home (or is it a trillion dollar home by now, depending on how far up the housing bubble has gotten already) through his radio and TV shows, he’s interesting however Obama is actually right. Houses go up and down because of supply and demand. There is a lot more demand than there is supply, if we act now and put professional money into the market by adding more houses (more supply) there will be less demand which will stabilize the prices.
Housing prices going down are a good thing housing prices going up because of silly ass inflation forcing more debt that cannot be repayed all of which is inflation is absurd.
Secondy the housing market was horrible in the 30’s homes bought, quality of homes, and solvency of homes was virtually nonexistant.
The world war produced no prosperity for anyone, consumer goods were non existant massive insane rationing and no savings…..what got us out of the the great depression was after world war 2 when socialism was rejected by the republicans
The real problem of America is its central bank, greenspen and bernanke are the real evils. the FED is destroying america
NO it does not sound good. America needs to stimulate “competition” as if prices are going to be lowered and sales higher. Not lower your home price to save the economy. Good neighborhoods never had to lower their price but were played out as fools because the majority of America HAD to lower their price and THEY want to make it look like it’s universal and not a few people dominating the money system. They don’t want to stimulate competition especially in health care
Since 1999 the economy died. The chart should have went down at the point but there was a lot of phony stuff going on that caused it to only look like it’s going up. USA trained a bunch of monkeys to do a bad job flipping a home and a good job at jacking the price. The business district price/rent went up and never came down even as home prices did. Who wants to buy a home, cheap even, if the business district prices are too high? The recent increase in home prices is phony upon a surplus
FDR was a terrible president, he was a theif, so is OBAMA, FDR caused ww2 by stealing from Japan over china, who will OBAMA stael from to start ww3 ???
Notice that the chart was heading up into the realm of the never-before stratosphere by the early 2000s.
Just curious…was Glenn Beck decrying the foolish optimism of the Greenspan FED and Bush II administration as all measures of asset value and debt were climbing through the roof at steep inclines?
Economy will NEVER recover until the housing market does.