Foreclosure Tsunami. Proof Of The Coming Real Estate Collapse.



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Listen to RealtyTrac analysis of foreclosure tsunami January 26th, 2009, 5:45 pm

Interview with foreclosure tracker Rick Sharga of Realty…

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  1. #1 by BizReporter1 on December 1st, 2009

    World Factbook info, California as an independent state, it would have had the 10th largest economy in the world in 2007.July 09 California #1 foreclosures at 108KU.S. 360,000 for 1 month!Go To: Google maps, select real estate @ right options box. Check FORECLOSURES, zip code 91739 and watch the search area w/PINS of homes in foreclosure. MINDBLOWING! zip 91739 the Inland Empire. Ground zero CA CML RE @ 30% vacancy rate! 5 yr bloodbath more at: CaliforniaRE2009 blogspot

  2. #2 by woodbury5696 on December 1st, 2009

    i hope we have anarchy, this is bull shit america is not a free market country! we are slaves to these banks who have compleat control over what we pay and what they sale the homes, cars everything for! until we reject the dollar we lost our freedom. and now we are thinking about health reform, the reason that is fucked is cause insurance makes that so it is not free market system! people reject your dollars and never leave your money in the banks that is promoting the problem!

  3. #3 by Gizziiusa on December 1st, 2009

    Guess that meeting in Waco, Tx in 2005 with Bush, Fox and Canada PM for a North American Union and Amero currency by 2010 may be correct. I just wonder if the dollar will phase out or outright collapse. Collapse = anarchy for USA.

  4. #4 by AverAverComo on December 1st, 2009

    OOOOOOOOOO north american union??/you really think it that bad??? only way out is NAU?/ i dont think so. i hope not man. OMG union with mexico OMG we going down lol

  5. #5 by Gizziiusa on December 1st, 2009

    CIT is readying itself for bankruptcy, which will cause ripples in small and medium business loans. there is talk of a second wave of mortgage defaults soon. watch argentina collapse 2001 in my favorites. so many simularities to USA, its scary. obama = menen. better to be prepared and nothing happen than the inverse…

  6. #6 by SilverRose09 on December 1st, 2009

    However, the banks have 500 billion parked on the Fed. As hyperinflation will hit, RE will be the best asset to own. This will be for themselves not for the people. The only thing I know is that they don’t care about us!

  7. #7 by xiphoidpro8 on December 1st, 2009

    aw, poor baby. you have it so rough. try $1100/mo as the avg rent for a 1BR. San Francisco suburb.

  8. #8 by 950horsepower on December 1st, 2009

    It takes creative accounting to arrive at the conclusion that a bank can loose money at all. It’s fundamentally impossible, as soon as you make a deposit.Outlaw fractional banking.Forget credit. If a company can’t make it on what it earns, it doesn’t deserve to be in business.Enforce the laws against conspiratorial monopolies, like oil, autos, telecom, cable TV. Software and internet companies like MS. YT, etc.,etc.Zero tolerance for corporations.

  9. #9 by scorpiusaries on December 1st, 2009

    thats a bummer dude that is..can you move away?

  10. #10 by ohio1998 on December 1st, 2009

    Trying asshole, believe me. Just saw on TV that two assholes like you tried to rob an elderly man in a wheel chair.

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