You only have until September, 2009 to act . . .
Recall back in 2004 and 2005 when I was warning everybody about hyper-inflated real estate: I was viciously attacked by 'freepers' in the pay of mortgage companies, and mortgage brokers, bankers and shills getting paid by NY banks. Over 200 hacking attack per day were directed at me from corporate offices.
Check my freeper page if your memory is faulty . . .
Eventually, I was proven 100% correct. My predictions that said real estate was wildly inflated were true. Houses valued at $ 1.5 Million in Los Angeles fell down to $ 750k. And even lower. Prices are still falling. The foreclosure crisis is just heating up. It will get worse for another three years.
I come again in good faith to warn people. The trolls again come out to throw verbal bricks and insults. You actually believe the toxic spin of Obama and Nasty Pelosi _____________ ?
So be it . . .
Trust me, you’re paranoid.
[Recall back in 2004 and 2005 when I was warning everybody about hyper-inflated real estate]
I do and, despite the protestations of the shills, you were right on target ET.
Carry on....
=Bill
I’m sure in Germany as well as other countries in the 1930’s people thought that things would never get “that” bad; that Hitler talked big but was crazy, etc. And that people who warned about him were paranoid nutcases.
You were right. My late father's Bay Area house went down $440 a day from Dec. 2007 to Dec. 2008. I've probably lost about $25 to $42K of my inheritance. I have no plans to speak to my siblings who bungled all this due to ignorance and utter selfishness...and yes they are all flaming liberals and voted for Obama.
I’m stocking heirloom seeds.
I can’t believe some of these FReepers. The damn bill is ready to be voted on and they can’t see the forest for the trees. God help them.
” Recall back in 2004 and 2005 when I was warning everybody about hyper-inflated real estate: I was viciously attacked by ‘freepers’ in the pay of mortgage companies, and mortgage brokers, bankers and shills getting paid by NY banks. Over 200 hacking attack per day were directed at me from corporate offices.
Check my freeper page if your memory is faulty . . .
Eventually, I was proven 100% correct. My predictions that said real estate was wildly inflated were true. Houses valued at $ 1.5 Million in Los Angeles fell down to $ 750k. And even lower. Prices are still falling. The foreclosure crisis is just heating up. It will get worse for another three years. “
I joined you in the warning about real estate crashing, and I even named Countrywide as a company that would emplode. I too was flamed by the same FReepers. Where are they now, bragging about their 200% equity increases? Nothing is beneath Obama...NOTHING!!
By the way, all those 5 year ARM’s are starting to come due, and many are not refinancable, as they were written at the top of the market.