Real Estate Bubbles And California’s Economic Growth, Part 1



An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.

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  1. #1 by SacredCowProductions on November 13th, 2009

    YouTube – How Weed Won the Westwatch?v=MzT1a1NKoKM

  2. #2 by glowfood on November 13th, 2009

    Wrong, democrats took control of congress in 2006.Thornberg is spot on.

  3. #3 by seredamathew on November 13th, 2009

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  4. #4 by vforvictoryv on November 13th, 2009

    How right is this guy, it all makes perfect sense. This video was made at the end of 2006 (I think he says).Average USA house price 2006 Quarter 4 $257.671.Average USA house price 2009 Q1 $169,000.Average Los Angleles price December 2006 $533,000Average Los Angleles price February 2009 $ 303,500.Las Vegas December 2006 $323,000Las Vegas February 2009 $155,000.Its a simlar story everywhere in the USA.

  5. #5 by Ladonnaaxa on November 13th, 2009

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  6. #6 by fueledbymusic3 on November 13th, 2009

    This STUPID housing market thing reminds of how STUPID people are when they were ALL IN A HURRY to buy a home. I guess when loan co. decided to make it EASIER for almost ANYBODY to get in. “What’s the hurry, man!!” This is when people (I heard) were actually IN LINES to buy!! WHAT”S UP MAN!!!!!! This is NOT Circuit City/Best Buy etc black Friday, now… GGGEEEE

  7. #7 by bajawind on November 13th, 2009

    just two months ago a barber explained to me what a great investment canadian real estate is–now was. what everyone knows is always wrong–eventually.

  8. #8 by jandean61 on November 13th, 2009

    WOW ! This was posted in 2007 ! So. Ca R.E market hasn’t gotten alot worse since !

  9. #9 by DrewDownsManagement on November 13th, 2009

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  10. #10 by poxmovies on November 13th, 2009

    nice video thanks

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