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Real Estate Bubbles and California's Economic Growth, Part 1

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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.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: HumboldtEconomics

Length: 09:38
Rating: 4.80
Views: 41373

Tags: banking  bubble  business  California  career  college  Economics  housing  Humboldt  lecture  market  money  University  

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Video Comments

dave777blaster (November 30, 1999 at 12:00 am)
now where is all the money they stole from everyone heck we can't even find out where the bailout went let alone to where all the trillions went.
Gary1111001 (November 30, 1999 at 12:00 am)
These aren't my mistakes. I'm for a 3rd party - Green Party. 2001-2007 was the first time in decades that one party(Republican) had both the majority in Congress and the presidency. We were able to find out once and for all what the Repubs could do without Dems in the way. We found out. I'm in the mortgage busness. I saw this comming in 2003. I was in CA and there was an obvious bubble. But no one even wanted to acknowlege it.
magi244 (November 30, 1999 at 12:00 am)
The bubble was created with Democrats and the Democratic Congress. Stop blaming the conservatives for your mistakes. Think about who is the majority in congress>? Democrats! Liberals can't say their wrong, sad!
florinsalamior (November 30, 1999 at 12:00 am)
Do you want to know more about real estate?Visit superestate(.)tk_.We have calculator, tips, tutorials everything you want
Gary1111001 (November 30, 1999 at 12:00 am)
I don't follow. 1. overpopulation's everywhere. 2. The bubble(and this superficial economy) is caused by Banks, wall street, and the Republican majority giving the green light to them....in exchange for some of the money they siphon from the American people. 3. People are losing their homes everywhere.
sctullie (November 30, 1999 at 12:00 am)
Montgomery Alabama is still a good investment for housing.
barberaproperties (November 30, 1999 at 12:00 am)
Regardless of the ups and downs in the market, trying to put quality in to a property is important.
OwnAHomeNow (November 30, 1999 at 12:00 am)
Many smart folks have called it the 'housing ATM'
tbreest (November 30, 1999 at 12:00 am)
Here in the Phoenix area, real estate sales have had a sudden surge, granted prices have fallen sharply in the last few weeks. Listingsupply com indicates that MLS listings in the major US markets are finally starting to fall, which should mean price stability ahead. Let's hope!
tulsarealestate (November 30, 1999 at 12:00 am)
So, what's that appreciation on a cardboard box in a Hooverville :) There are several inaccuracies here but none which devalue the general point of the video - illogical use of real estate solely as a speculative tool which always appreciates in value. There are many areas outside of these depressed markets which are pretty stable because they did not participate in the bubble. Most Bubbleville residents' world tends to revolve around themselves.


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