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Real Estate Predictions 2007

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http://www.longislandbubble.co... This video is about predictions made Dec 31, 2006 by the bullshitters and bears of real estate as to what will happen to housing in 2007. I have added the aftermath so far; Peter Schiff has made some accurate predictions.

Channel: News & Politics
Uploaded: May 18, 2007 at 3:47 am
Author: jjenson2006

Length: 04:20
Rating: 4.72
Views: 98126

Tags: bubble  bust  buying  crash  default  economy  foreclosure  home  housing  island  long  mortgage  nassau  recession  schiff  suffolk  

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Video Comments

b2flyer1 (October 9, 2008 at 7:37 pm)
As I watched this,I see why so many Americans that believe the US media are so Dumb.Most Americans have NO idea,the federal reserve is NOT federal,but a private bank,that is bringing this country to it's knees.
b2flyer1 (October 9, 2008 at 7:34 pm)
I hope many that watch videos like this,and others that show what is happening in America,will wake up.Factories are closing,over 1 million Americans are homeless,more than 700,000 are in forecloser,with more to come.What does the government do? bail out Banksters,and leave working home owners with the shaft.
xplorish (September 30, 2008 at 1:03 pm)
Hahahahaha
fuzzybunnies (September 29, 2008 at 1:22 pm)
nice
dequeant (September 27, 2008 at 3:17 am)
Yea....and that's saying something.
Paetaor (September 24, 2008 at 8:58 pm)
Up 10 percent....hahahahahahahaha your dumber than you look.
Paetaor (September 24, 2008 at 8:58 pm)
Not to say we will be immune but a few differences: Less than 1/2 the per capita national debt and ours is dropping. Appreciating currency and 1/2 the inflation. A much smaller service sector a much larger resource sector. As other currencies jump in value and the US dollar drops they will still need the uranium, oil, copper, nickel, gold, diamonds etc etc that we produce in spades. Also our banks are tighter and house prices didn't jump as much as in the US.
andreamirelez (September 24, 2008 at 8:26 am)
Cuzz he sucks
sergey444 (September 24, 2008 at 5:45 am)
ahhh mike norman... haven't seen that guy on Bulls & Bears in like... forever
jjerome77 (September 19, 2008 at 9:40 am)
I bet Peter is the only living in own house at the moment. I bet these other fools believe their own Bullshit and bought up large, now they're living out of Peter gabbage. Thank you Peter, I followed your advised and sold my inflated house and rented, now I'm laughing and have you to thank!!

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