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To: M. Espinola; Hydroshock; Pelham; stephenjohnbanker; redgolum; Calpernia; Fractal Trader
Sacramento 95832 -- Houses Not Selling, Even for 50% Off !

Goodbye Housing Bubble

Housing Bubble vs. Great Depression

Housing Bust Recovery in 1930s

Dow Jones Illusion of Properity

111 posted on 08/10/2007 2:41:44 PM PDT by ex-Texan (Matthew 7: 1 - 6)
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To: M. Espinola; Hydroshock; Pelham; stephenjohnbanker; redgolum; Calpernia; Fractal Trader
More on Sacramento 95832:

** I read the Topix because our local papers only give good news about real estate. I am NOT a gangbanger but I live in a city that houses a NEST of them (thousands). Living in Stockton can be more dangerous than living in Baghdad. The gangs own this town and the city cops do nothing.

We went to a family Asparagus festival last month and US MARSHALs and FBI (Name PATCHES) were working the crowd looking for the most deadly of these criminals. I saw about 5 agents grab a wanted felon and he fought like an animal. These people are building strongholds in our suburban neighborhoods. They have moved up to Lodi and are now in Galt. Read the newspapers.

Most Sacramentans don't realize that Sacramento County dips to the West AND South. Stockton-Lodi foreclosure rates are the highest in the US, but our news papers won't print stories about it. Stockton-Lodi also has the HIGHEST rate of auto theft in the US for the past 5 years.

With foreclosures comes a glut of houses for rent signs that brings in even more of the gangs. These are gangs in middle class areas.

First they do petty thefts, garffitii goes up, turf zones erected, car thefts drugs, prostitution. There are 9 "massage parlors" in just a few blocks of Lodi. The highly organized gangs of Stockton are moving North. They are in Lodi and Galt and follow the river. Get out if you can! Last week we had a whole family abducted in Lodi by criminals. They attacked the house home invasion style only a few miles from the police department. Police do nothing, so the gangs start controlling the cities. Most of our gangs are Latino and Asian and one Pakistani gang. They are pinching you by moving North to Sacramento. **
Source


114 posted on 08/10/2007 5:21:16 PM PDT by ex-Texan (Matthew 7: 1 - 6)
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