Housing Bubble Stories

[Coronita]

[quote=twisterfilms]Thanks for all the replies. We aren’t trying to do a hackneyed piece about how some tragic people who misread the housing market are now to be pitied. It’s more about reminding ourselves about what it felt like during the peak of the bubble. Robert Shiller is very good on how one of the things that convinces late entrants is their sense that they’ve missed out. It’s often people who start as housing bears who eventually succumb when they see people around them making huge amounts of money. Of course there are many fools who lose money because they don’t understand that anything that goes up can go down…but it’s fascinating to explore the rhythm of bubbles and how the apparent success of investors drives a momentum. It happens in the stock market apparently too…stocks that are doing well…are often traded more than statistically they should be (since the fact that they HAVE been doing well doesn’t signify anything about their future performance). Anyway, maybe there are ways to play the housing bubble, or any bubble and still come out of it ahead of the pack…but perhaps to do that, we have to control our emotions. Thanks for taking time to comment. All interesting. The show is broadcast on 27th April.[/quote]

Why does bad behavior always get rewarded with spots of being famous? Why not do a story, on you know, responsible people. I guess that wouldn’t see well, because the audience would be so small 🙁

[patb]

here’s the guy to interview.

JIM THE REALTOR http://www.bubbleinfo.com

He’s the one who was working it on the way up and the way down and he has video the whole way….

[patb]

here’s the guy to interview.

JIM THE REALTOR http://www.bubbleinfo.com

He’s the one who was working it on the way up and the way down and he has video the whole way….

[patb]

here’s the guy to interview.

JIM THE REALTOR http://www.bubbleinfo.com

He’s the one who was working it on the way up and the way down and he has video the whole way….

[patb]

here’s the guy to interview.

JIM THE REALTOR http://www.bubbleinfo.com

He’s the one who was working it on the way up and the way down and he has video the whole way….

[patb]

here’s the guy to interview.

JIM THE REALTOR http://www.bubbleinfo.com

He’s the one who was working it on the way up and the way down and he has video the whole way….

[TexasLine]

[quote=CafeMoto]House of Cards by CNBC nailed it
http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

good luck with your project. I am sure there are plenty of people that still don’t understand what’s going on.[/quote]

http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

Wow! 90 min. but well worth the time to watch. Thanks for that info.

Fraud…Fraud…greed…fraud…greed.

Lots of good clarification of the “set-up”. And only one slight mention by Greenspan, of the Demo. Congresses that pushed these “everyone should own a home” philosophy. Other than that one great big omission…

…it was a great commentary about how this came to be. And what is still to come…….rather scary.

[TexasLine]

[quote=CafeMoto]House of Cards by CNBC nailed it
http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

good luck with your project. I am sure there are plenty of people that still don’t understand what’s going on.[/quote]

http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

Wow! 90 min. but well worth the time to watch. Thanks for that info.

Fraud…Fraud…greed…fraud…greed.

Lots of good clarification of the “set-up”. And only one slight mention by Greenspan, of the Demo. Congresses that pushed these “everyone should own a home” philosophy. Other than that one great big omission…

…it was a great commentary about how this came to be. And what is still to come…….rather scary.

[TexasLine]

[quote=CafeMoto]House of Cards by CNBC nailed it
http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

good luck with your project. I am sure there are plenty of people that still don’t understand what’s going on.[/quote]

http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

Wow! 90 min. but well worth the time to watch. Thanks for that info.

Fraud…Fraud…greed…fraud…greed.

Lots of good clarification of the “set-up”. And only one slight mention by Greenspan, of the Demo. Congresses that pushed these “everyone should own a home” philosophy. Other than that one great big omission…

…it was a great commentary about how this came to be. And what is still to come…….rather scary.

[TexasLine]

[quote=CafeMoto]House of Cards by CNBC nailed it
http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

good luck with your project. I am sure there are plenty of people that still don’t understand what’s going on.[/quote]

http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

Wow! 90 min. but well worth the time to watch. Thanks for that info.

Fraud…Fraud…greed…fraud…greed.

Lots of good clarification of the “set-up”. And only one slight mention by Greenspan, of the Demo. Congresses that pushed these “everyone should own a home” philosophy. Other than that one great big omission…

…it was a great commentary about how this came to be. And what is still to come…….rather scary.

[TexasLine]

[quote=CafeMoto]House of Cards by CNBC nailed it
http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

good luck with your project. I am sure there are plenty of people that still don’t understand what’s going on.[/quote]

http://steadfastfinances.com/blog/2009/02/24/cnbc-originals-house-of-cards-now-available-online/

Wow! 90 min. but well worth the time to watch. Thanks for that info.

Fraud…Fraud…greed…fraud…greed.

Lots of good clarification of the “set-up”. And only one slight mention by Greenspan, of the Demo. Congresses that pushed these “everyone should own a home” philosophy. Other than that one great big omission…

…it was a great commentary about how this came to be. And what is still to come…….rather scary.

[Matt SF]

I’ve been following the real estate bubble, and generally the psychology of bubbles, for some time now. The warning signs are becoming more easy to identify considering that I’m a “buy on the dips” trader and I’ve witnessed five large bubbles (tech, oil, home equity lines of credit, real estate, and treasuries) in the last 12 years alone.

I write about investment bubbles rather frequently at my blog (Steadfast Finances – which someone already generously posted a link to the Faber CNBC documentary), but I’m particularly fond of the real estate bubble because everyone got to take part. New laws were passed, mortgage rates held artificially low encouraging citizens to take on more debt, and the regulators who saw the looming problems were chastised or ran out of town (Washington DC) if they caused too much trouble.

So if there is anything I can add to the discussion, or give anyone some solid resources to investigate further, I’d be happy to help.

[Matt SF]

I’ve been following the real estate bubble, and generally the psychology of bubbles, for some time now. The warning signs are becoming more easy to identify considering that I’m a “buy on the dips” trader and I’ve witnessed five large bubbles (tech, oil, home equity lines of credit, real estate, and treasuries) in the last 12 years alone.

I write about investment bubbles rather frequently at my blog (Steadfast Finances – which someone already generously posted a link to the Faber CNBC documentary), but I’m particularly fond of the real estate bubble because everyone got to take part. New laws were passed, mortgage rates held artificially low encouraging citizens to take on more debt, and the regulators who saw the looming problems were chastised or ran out of town (Washington DC) if they caused too much trouble.

So if there is anything I can add to the discussion, or give anyone some solid resources to investigate further, I’d be happy to help.

[Matt SF]

I’ve been following the real estate bubble, and generally the psychology of bubbles, for some time now. The warning signs are becoming more easy to identify considering that I’m a “buy on the dips” trader and I’ve witnessed five large bubbles (tech, oil, home equity lines of credit, real estate, and treasuries) in the last 12 years alone.

I write about investment bubbles rather frequently at my blog (Steadfast Finances – which someone already generously posted a link to the Faber CNBC documentary), but I’m particularly fond of the real estate bubble because everyone got to take part. New laws were passed, mortgage rates held artificially low encouraging citizens to take on more debt, and the regulators who saw the looming problems were chastised or ran out of town (Washington DC) if they caused too much trouble.

So if there is anything I can add to the discussion, or give anyone some solid resources to investigate further, I’d be happy to help.

[Matt SF]

I’ve been following the real estate bubble, and generally the psychology of bubbles, for some time now. The warning signs are becoming more easy to identify considering that I’m a “buy on the dips” trader and I’ve witnessed five large bubbles (tech, oil, home equity lines of credit, real estate, and treasuries) in the last 12 years alone.

I write about investment bubbles rather frequently at my blog (Steadfast Finances – which someone already generously posted a link to the Faber CNBC documentary), but I’m particularly fond of the real estate bubble because everyone got to take part. New laws were passed, mortgage rates held artificially low encouraging citizens to take on more debt, and the regulators who saw the looming problems were chastised or ran out of town (Washington DC) if they caused too much trouble.

So if there is anything I can add to the discussion, or give anyone some solid resources to investigate further, I’d be happy to help.

[Author]

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