Author Topic: Housing Bubble in TWO SENTENCES (Read 1185 times)

Matthew · « **on:** October 03, 2006, 09:03:40 AM »

Everything you need to know about the non-sustainability of the US housing bubble in two little sentences:

Nationwide, median home values jumped 32 percent from 2000 to 2005, to $167,500.

Household incomes have not kept up, dropping 2.8 percent during the same period.

Brian · « **Reply #1 on:** October 05, 2006, 08:20:39 PM »

Matthew,

This is not just an American problem. Every country that has a Rothschild controlled central bank is suffering the same thing. In Ireland, the median price for an average home is $450,000.00. A woman sold a cow shed for $50,000.00. My mother's house (bought and paid for) increased 20% since 2002. A friend's home (not bought and paid for) increased 50%. I live in Canada. Property taxes are going to go up, as is the cost of insurance, etc. We are in for some horrendous times, and they are coming soon.

Matthew · « **Reply #2 on:** October 05, 2006, 10:28:33 PM »

I agree, we are in for some tough times (and soon).

I also agree that it's a worldwide phenomenon -- we all know about the Rothschild's here, btw :detective:

I ususally focus on the USA, because it's literally closer to home for most of the readers here (though there are plenty of exceptions).

Yes, anywhere where they use fractional/fiat currency issued by a (private) central bank is going to be in deep trouble, because they can do a currency contraction on a whim and transfer billions of dollars of wealth with ease. That's the main problem with the central banks (for us good folks).

In Christ,

Matthew

Author Topic: Housing Bubble in TWO SENTENCES (Read 1185 times)

Matthew

Housing Bubble in TWO SENTENCES

Brian

Housing Bubble in TWO SENTENCES

Matthew

Housing Bubble in TWO SENTENCES