Archive for the 'bailout' Category

The canary in the Southern California housing market signifies a sizeable home price decline for 2011 – Collapse in year over year home sales and $8,500 away from a 10 percent price decline for Southern California home prices. Freddie Mac online rent versus buy calculator doesn’t even allow for a 1 percent annual price decline.


The rich foreclose in spectacular fashion – Pasadena million dollar home has owners unable to pay the mortgage yet keep getting mortgages. The biggest Southern California foreclosure loss in Bel-Air.


Gearing up for housing correction version 2.0 – 7 charts showing a 10 to 15 percent decline in home prices for U.S. housing in 2011.


American housing too expensive and the multi-income trap will not save the housing market. Banks have laundered their bad bets through the Federal Reserve and GSEs while working and middle class income has eroded.


By Month:



By Category:

© 2016 Dr. Housing Bubble