June « 2007 « Investment Postcards from Cape Town

US housing recession: a must see video

By Prieur du Plessis, on June 2nd, 2007 posted in: Economy, Finance, Housing, Money

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I have often written and talked about the US housing situation being the Achilles heel of the US economic outlook. This video clip is a particularly cool (or uncool if you are cringing under debt) take on the unfolding saga.

You have read the script, now watch the movie.

In short, there is more [...]

More on this topic (What's this?)

Romney Avoids Nevada's Housing Market Problems with a Tactic That Could Work – for Now (Money Morning, 2/3/12)

Bear Stearns Report: Relative to Income, Home Prices "About as stretched as [they have] ever been!" (Wall Street Law Blog, 1/27/12)

It's the Triple Dip for Housing (Wealth Daily, 10/31/11)

Read more on U.S. Housing Market, Achilles, Clip at Wikinvest

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