Comments on: Real Estate Bubbles and California’s Economic Growth, Part 1

By: ourearthhome

ourearthhome — Thu, 14 Jan 2010 17:59:15 +0000

Pretty good stuff …
Pretty good stuff but like most economists and commentators he fails to mention that the housing bubble is really a land price bubble not a house bubble. Houses/improvements to land do not appreciate but land value does. This is due to the fact that the improvements can be increased indefinitely while the supply of land is relatively fixed. When “housing” prices fall it is speculative land prices that fall. Modern economists refuse to treat land separately from capital. Why is that?

By: americanplanninginc

americanplanninginc — Thu, 14 Jan 2010 17:59:15 +0000

I LOVE THIS …
I LOVE THIS VIDEO.ARTHUR ROBINSON

By: warrenbraden

warrenbraden — Thu, 14 Jan 2010 17:59:15 +0000

I LOVE IT LOVE IT! …
I LOVE IT LOVE IT! Love to see Californias lose there homes! GO HOME get out of Nevada! You have done nothing but drive up living coast and destroy the landscape!

By: yogeedogee

yogeedogee — Thu, 14 Jan 2010 17:59:15 +0000

It turns out that …
It turns out that we really did not need all those Mexican construction workers after all . . .

By: barberaproperties

barberaproperties — Thu, 14 Jan 2010 17:59:14 +0000

Regardless of the …
Regardless of the ups and downs in the market, trying to put quality in to a property is important.

By: OwnAHomeNow

OwnAHomeNow — Thu, 14 Jan 2010 17:59:14 +0000

Many smart folks …
Many smart folks have called it the ‘housing ATM’

By: tbreest

tbreest — Thu, 14 Jan 2010 17:59:14 +0000

Here in the Phoenix …
Here in the Phoenix area, real estate sales have had a sudden surge, granted prices have fallen sharply in the last few weeks. Listingsupply com indicates that MLS listings in the major US markets are finally starting to fall, which should mean price stability ahead. Let’s hope!

By: tulsarealestate

tulsarealestate — Thu, 14 Jan 2010 17:59:14 +0000

So, what’s that …
So, what’s that appreciation on a cardboard box in a Hooverville There are several inaccuracies here but none which devalue the general point of the video – illogical use of real estate solely as a speculative tool which always appreciates in value.

There are many areas outside of these depressed markets which are pretty stable because they did not participate in the bubble. Most Bubbleville residents’ world tends to revolve around themselves.

By: BubbFromGEI

BubbFromGEI — Thu, 14 Jan 2010 17:59:14 +0000

Good presentation. …
Good presentation. But one clarification: Piet Eichholtz, a professor of real-estate finance at Maastricht University in the Netherlands, studied 450 years of price history on the Herengracht, or Gentlemen’s Canal. For my own forecast of prices in the UK, search “UK Property” on YouTube. You will see that Builder share prices are a good leading indicator.

By: Gary1111001

Gary1111001 — Thu, 14 Jan 2010 17:59:13 +0000

These aren’t my …
These aren’t my mistakes. I’m for a 3rd party – Green Party.

2001-2007 was the first time in decades that one party(Republican) had both the majority in Congress and the presidency. We were able to find out once and for all what the Repubs could do without Dems in the way.

We found out.

I’m in the mortgage busness. I saw this comming in 2003. I was in CA and there was an obvious bubble. But no one even wanted to acknowlege it.