Comments on: Housing Market About To Take Its Biggest Hit http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/ The War Starts Here Mon, 23 Apr 2012 14:16:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Mark Gibbons http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506359 Mark Gibbons Thu, 06 Aug 2009 10:46:23 +0000 http://patdollard.com/?p=86182#comment-506359 Be on alert posters-The spelling czar has just checked in. Be on alert posters-The spelling czar has just checked in.

]]> By: Gaige Mosher http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506284 Gaige Mosher Thu, 06 Aug 2009 07:05:17 +0000 http://patdollard.com/?p=86182#comment-506284 It wasn't engineered. No honestly, I don't think this was engineered. I think it's being encouraged and exploited, but it wasn't engineered. This crash is entirely fundamentals-driven, and was a foregone conclusion the day America became both a debtor and consumer nation, as opposed to a creditor and producer nation. It wasn’t engineered.

No honestly, I don’t think this was engineered. I think it’s being encouraged and exploited, but it wasn’t engineered. This crash is entirely fundamentals-driven, and was a foregone conclusion the day America became both a debtor and consumer nation, as opposed to a creditor and producer nation.

]]> By: Joe Mudd http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506270 Joe Mudd Thu, 06 Aug 2009 06:36:24 +0000 http://patdollard.com/?p=86182#comment-506270 Tell me this thing wasn't engineered! Power grab, money grab, nation grab. I used to think all that Illuminati crap was conspiracy theory but now I'm not so sure. What if we declared our old money null and void and started fresh, I mean right now money is just a bunch of numbers in separate accounts stuck in a bunch of computers and we send some of those numbers here and there everyday to pay our bills. Wouldn't it be nice to shaft the "powers" by not believing in the value of what they've stolen from us any longer and change the currency like a light switch to the new currency and leave them penny less. WOOPS brain fart. Tell me this thing wasn’t engineered!
Power grab, money grab, nation grab.
I used to think all that Illuminati crap was
conspiracy theory but now I’m not so sure.
What if we declared our old money null and void and started fresh, I mean right now money is just a bunch of numbers in separate accounts stuck in a bunch of computers and we send some of those numbers here and there everyday to pay our bills.
Wouldn’t it be nice to shaft the “powers” by not believing in the value of what they’ve stolen from us any longer and change the currency like a light switch to the new currency and leave them penny less. WOOPS brain fart.

]]> By: GRIZZ http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506253 GRIZZ Thu, 06 Aug 2009 05:58:48 +0000 http://patdollard.com/?p=86182#comment-506253 Nobody has produced a number of how many loans that went into default were to illegals....a shit load Nobody has produced a number of how many loans that went into default were to illegals….a shit load

]]> By: Sully http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506247 Sully Thu, 06 Aug 2009 05:39:41 +0000 http://patdollard.com/?p=86182#comment-506247 I believe it. They are probably being charitable. A continuing increase in the number of people UNABLE TO PAY their mortgages is a disaster of the proportion Deutsche predicts. Bernanke won't predict how bad unemployment might get but he does say the earliest it will start turning the corner is late 2010. If unemployment goes up 50% between now and then ... well it likely gets worse than the article predicts. I believe it. They are probably being charitable.
A continuing increase in the number of people UNABLE TO PAY their mortgages is a disaster of the proportion Deutsche predicts.
Bernanke won’t predict how bad unemployment might get but he does say the earliest it will start turning the corner is late 2010.
If unemployment goes up 50% between now and then … well it likely gets worse than the article predicts.

]]> By: DissentFromDayOneDOTcom http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506222 DissentFromDayOneDOTcom Thu, 06 Aug 2009 04:51:31 +0000 http://patdollard.com/?p=86182#comment-506222 Buy gold and silver. Buy gold and silver.

]]> By: JCD http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506219 JCD Thu, 06 Aug 2009 04:46:05 +0000 http://patdollard.com/?p=86182#comment-506219 I think it's due to the fact that these prime loan values were all quite highly inflated to begin with, much more than the 100-200k houses, but are now loans that stand to lose the most, and also will be the hardest to re-sell. Couple that with imploding commercial real estate that is only now beginning to roll over.... the 41.7% seems all too possible to me. :shock: I think it’s due to the fact that these prime loan values were all quite highly inflated to begin with, much more than the 100-200k houses, but are now loans that stand to lose the most, and also will be the hardest to re-sell. Couple that with imploding commercial real estate that is only now beginning to roll over…. the 41.7% seems all too possible to me. :shock:

]]> By: George http://patdollard.com/2009/08/housing-market-about-to-take-its-biggest-hit/#comment-506215 George Thu, 06 Aug 2009 04:31:51 +0000 http://patdollard.com/?p=86182#comment-506215 Home prices will see a total drop of 41.7 percent? I don't buy it. I'm pessimistic on the economy but these numbers seem far fetched beyond reality. Something was lost in the translation on this report. Home prices will see a total drop of 41.7 percent?
I don’t buy it. I’m pessimistic on the economy but these numbers seem far fetched beyond reality. Something was lost in the translation on this report.

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