Blogs Posts on "Can You Believe This?"

Yun Delivers Fantasy Real Estate Report by Housing Doom on Nov 14, 2009"….and then the great housing bust ended in 2010 and they all lived happily ever after…." - Lawrence Yun, chief economist, National Association of Realtors O.K. Yun may not have said it exactly like that, but this looks pretty d...

Op-Ed Friday: Make A Contribution To The National Debt by Housing Doom on Nov 13, 2009It’s Friday. Do you find yourself tired of huge deficits and a burgeoning national debt? The Treasury would be more than happy to accept your donation: [In the immortal words of Dave Barry, "I am not making this up." Hat tip L!] WASHIN...

Where have all the bubble bloggers gone? by Housing Doom on Nov 10, 2009  It’s been nearly three and a half years since I put up Doom’s first, rather uninspiring post. [In my defense, it was only a test.]  We were joining the ranks of a number of "bubble bloggers".  Bubble bloggers were...

post-Capitalism’s Self-Righteous Oligarchs by Housing Doom on Nov 4, 2009“The injunction of Jesus to love others as ourselves is an endorsement of self-interest,” Goldman’s Griffiths said Oct. 20, his voice echoing around the gold-mosaic walls of St. Paul’s Cathedral, whose 365-feet-high dome tower...

AEI Subprime VI: Roubini Presentation by Housing Doom on Oct 30, 2009Final risk. The increasing asset prices we’ve seen since March for everything: global equities; in US, equities; EM [emerging market] asset classes; commodity; credit; everything around the world is driven by one factor. Doom Transcripts: Index...

AEI Subprime VI: Whalen Presentation — Where’s My Pony? by Housing Doom on Oct 29, 2009Doom Transcripts: Index & Guide Housing Doom is pleased to present a third selection from our under-construction transcript of the American Enterprise Institute’s October 22, 2009 event "The Deflating Bubble, Part VI: The Lessons of the...

We Are So Doomed (and I was so wrong) by Housing Doom on Oct 29, 2009Oct. 29 (Bloomberg) — The U.S. economy returned to growth in the third quarter after a yearlong contraction as government incentives spurred consumers to spend more on homes and cars. - BL1 A month and a half ago I confidently predicted that th...

55+ HOA Wants 6-Year Old Gone, But Doesn’t Want Owners Dropping Price And Hurting Home Values by Housing Doom on Oct 28, 2009How’s this for a weird one? It is not uncommon to see sad stories where grandparents in 55+ communities end up with custody of grandchildren and have difficulty with HOAs and neighbors.  This time though, the community wants the little gir...

Mortgage Broker Gone Mobile by Housing Doom on Oct 20, 2009In this economy, you do what you have to do to make a living- even if you have to take your job out on the road. I just got an email from M who sent me this picture.  It’s a photo he took of a mortgage broker working from the back of his p...

$659,000,000 of mortgage debt defaulted in Phoenix area alone- last week by Housing Doom on Oct 16, 2009  Foreclosures keep going from bad to worse: [Thanks L!] NEW YORK (CNNMoney.com) — Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, acco...