As a friend said last night, we’ve become a banana republic with nukes.
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Posts
The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
My Other Blog
Housing Prices Since 1970
National Housing Sites
Regional Housing Sites
- Bay Area Real Estate Blog
- Boston Bubble
- Burbed (San Francisco)
- DC Home Prices
- Flippers in Trouble (Sacramento)
- Frankly Realty (Virginia)
- Greater Northern VA Housing Bubble Fallout
- Irvine Housing Blog
- New Jersey Real Estate Report
- Patrick.net (San Francisco)
- Portland Housing
- Proffesor Piggington (San Deigo)
- Sacramento Land(ing) Blog
- Seattle Bubble
- SoCal Real Estate Bubble Blog
- Socket Site (San Francisco)
- Vancouver Condo Info
Economic Sites
Iacono Research (ad)
When will inflation-adjusted DC-area housing prices return to pre-bubble levels?
Are housing prices about to experience a double-dip?
How should the U.S. government balance the budget? (Check all that apply.)
What is your political affiliation?
What sparked the housing bubble?
Is the recession over?
Who bears responsibility for the housing bubble? (Check all that apply.)
What is your living situation?
Was subprime lending a cause or an effect of the housing bubble?
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Bubble Meter Archive
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2008
(518)
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September
(97)
- Larry Summers on TARP
- What led to the bailout's defeat...
- BNN: Democrats to blame for financial crisis
- Don't Buy a House in Uncertain Times
- Zillow: Home Prices Falling in Northern Virginia
- Thoughts on yesterday's stock market selloff
- Myths about the bailout
- Congress rejects bailout; Worst DJIA point drop ever!
- Calculated Risk on Housing: It's About the Prices
- Ratio of Home Prices to Rents
- Buffett warned Congress of "biggest financial melt...
- Citi buys most of Wachovia; Wachovia stock plunges...
- Vultures target Wachovia
- European financial services firms fail
- Paul Krugman critiques the draft version of TARP
- Morningstar on TARP
- The Housing Bubble Summarized
- The TED Spread
- Why You Should Probably Invest in Stocks Now
- Hank and Ben apply for a loan
- Mankiw: Obama Distorting History
- Paul Krugman Quip
- Bubble Meter Rising!
- My Stance on the Bailout
- An Analysis of the Financial Crisis
- Stiglitz: Who is to Blame for the Financial Crisis?
- August Foreclosures by State
- Harvard Economist Greg Mankiw Endorses the Bailout
- Bill Clinton is Right about Glass-Steagall
- New Home Sales Fall to Lowest Since 1991
- NAR: Existing Home Sales Down in August
- Dumbest. Plan. Ever.
- Housing Not Recovering In 2nd Half; Bust Will Ling...
- WaMu Seized! Largest Bank Failure on Record
- Prediction: Buffett Will be Asked to Manage Bailout
- Congress (Dis)Agrees on Bailout Proposal
- Meredith Whitney Predicts 25% Fall in Housing Prices
- Is More Regulation Really the Answer?
- OFHEO: House Prices Fall to Late 2005 Levels
- America's Sovereign Wealth Fund
- Krugman: A $700 Billion Slap in the Face
- President Bush Addresses Nation Regarding Bailout ...
- New Anti-Bailout Petition
- Hank Paulson Cannot be Trusted
- Congressman Stands Up to Hank 'usually wrong' Paulson
- Buffett Supports Bailout; Says Gov't Will Make Money
- Zingales: Why Paulson is Wrong
- Economists Sign Petition Opposing Treasury's Propo...
- Krugman: "This is the Most Socialistic Move ... in...
- Happy 10th Birthday, Wall Street Bailouts!
- Upcoming REO Auction in DC Area
- Poll: Should Homeowners be Bailed Out, Too?
- Krugman on Treasury Proposal: "The more I think ab...
- Realtors Nested in Politics
- Denninger speaks truth to power.
- Regulators Still Failing to Do Their Job
- Why You Should Hate the Treasury Bailout Proposal
- Economists Start to Object to the Treasury Bailout...
- The High Cost of Bailouts Lies Ahead
- Do You Support Henry Paulson?
- Against The Large Mortgage Bailout
- Southern California Home Prices Plummet
- Stiglitz: How to Prevent a Repeat of this Financia...
- Another Bank Failure! Whoo-Hoo!
- Foreclosures Hit a New Record High
- The Trillion Dollar Bailout... And Counting
- SEC Bans Shorting of Financial Stocks
- US Financial Leadership Cannot be Trusted
- U.S. Learns from Japan's Lesson
- The Case Against Bailouts
- Housing Construction Hits 17-Year Low
- Et tu, AIG?
- Senator Dodd: Help Those Poor Homeowners
- Bob Barr Expresses Opposition to Bailouts
- Former Fannie and Freddie CEOs Won't Get Millions ...
- Trip to West Coast
- Lehman Brothers to Fail?
- Do We Even Need Fannie and Freddie?
- More on Financial Speculation and Oil Prices
- Fannie and Freddie: A Lot Has Changed in 6 Months
- Why Fannie and Freddie Failed
- August MRIS Sales Figures Are Out
- How to Get Rich Through Failure
- Morningstar on Fannie and Freddie
- July Pending Home Sales Fell More than Expected
- Dividend Taxes Cause Over-Investment in Housing
- Does Someone From the Obama Campaign Read Bubble M...
- Thoughts on Fannie and Freddie
- Off Topic: Complacent Obama Loses Lead to McCain
- Big Brother Seizes Fannie and Freddie
- FDIC Shuts Down Silver State Bank
- House Price Decline Could be Worse than During Gre...
- McCain Fights for Who?
- Bond Fund Manager Bill Gross Calls for a Mortgage ...
- When Will the Housing Decline End?
- Fed President Hoenig Says Financial Institutions M...
- The Housing Bust Hurts Baby Boomers
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September
(97)
Absolutely. We are weak and invaded Iraq to replenish the oil reserves of big oil. We have power, nukes and major military power, yet we are teetering on the brink of financial meltdown.
ReplyDeleteWe have a war party, as Pat Buchanan has said, that wants a pax americana, a world domination, by the United States. We are economically weakened with a desire for world domination. That is a very risky position to be in indeed.