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Real Estate Predictions 2007

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http://www.longislandbubble.co... video is about predictions made Dec 31, 2006 by the bullshitters and bears of real estate as to what will happen to housing in 2007. I have added the aftermath so far; Peter Schiff has made some accurate predictions.

Channel: News & Politics
Uploaded: December 31, 1969 at 6:59 pm
Author: jjenson2006

Length: 04:20
Rating: 4.72
Views: 99893

Tags: bubble  bust  buying  crash  default  economy  foreclosure  home  housing  island  long  mortgage  nassau  recession  schiff  suffolk  

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Video Comments

kauzlar (December 31, 1969 at 6:59 pm)
Michael Norman is a moron!
ajas95 (December 31, 1969 at 6:59 pm)
It's staggering and sad how right Peter was on the housing bubble, but how wrong he was recently because he doesn't understand international trade, debt, and currencies.Anyone who invested money on his ideas in the past 6 months has lost soooo much money... the S&P 500 index looks enviable in its modest decline. The world has weakened in ways Peter never anticipated, and his ideas don't adapt.
AvoidTheObvious (December 31, 1969 at 6:59 pm)
Don't pay too much for your next mortgage loan. Avoid the obvious. See us for better mortgage loan offers.
victorgospo (December 31, 1969 at 6:59 pm)
So who's laughing now?
achalmers (December 31, 1969 at 6:59 pm)
Mike Norman is such an idiot. He has no clue about basic economic theory. He got pwned by Peter Schiff in this segment on Fox News, but you wouldn't have known it at the time. Now Mike Norman has come off looking like a jack ass and an ineffectual nothing!
b2flyer1 (December 31, 1969 at 6:59 pm)
As I watched this,I see why so many Americans that believe the US media are so Dumb.Most Americans have NO idea,the federal reserve is NOT federal,but a private bank,that is bringing this country to it's knees.
b2flyer1 (December 31, 1969 at 6:59 pm)
I hope many that watch videos like this,and others that show what is happening in America,will wake up.Factories are closing,over 1 million Americans are homeless,more than 700,000 are in forecloser,with more to come.What does the government do? bail out Banksters,and leave working home owners with the shaft.
xplorish (December 31, 1969 at 6:59 pm)
Hahahahaha
fuzzybunnies (December 31, 1969 at 6:59 pm)
nice
dequeant (December 31, 1969 at 6:59 pm)
Yea....and that's saying something.


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