An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.
Duration : 0:7:29
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March 25th, 2010 at 7:25 pm
that is normally i …
that is normally i have 25000 in my town and 5000 mexicans come work in our greenhouses cus noone else feels like doing that work.
March 25th, 2010 at 7:25 pm
yeah honestly i …
yeah honestly i live in canada and actually an hour from detroit where we have windsor that is heavily, heeeavily in the auto industry, and was hit hard by the troubles right now, and we are still managing fine its not evena big deal. Any highschool kid could write a decent resume and in one day hand them out to 30 places, almost without doubt they will get a job. we have almost too many jobs avaiilable, like my towns population rises from 25, to 30000 every year from mexican immigrant workers
March 25th, 2010 at 7:25 pm
true that same here …
true that same here lol
March 25th, 2010 at 7:25 pm
2012!……..gun to …
2012!……..gun to the head…..goodbye world.
March 25th, 2010 at 7:25 pm
These are great …
These are great video series for a high school student like me and others. I learn more on YT and books, then school.
March 25th, 2010 at 7:25 pm
I really liked your …
I really liked your video and your channel. If you need any help getting this video or channel exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
thanks for sharing good stuff man
March 25th, 2010 at 7:25 pm
I got my undegrad …
I got my undegrad in economics and finally something is posted which everyone should watch. Great video
March 25th, 2010 at 7:25 pm
all prices are …
all prices are falling, and will fall until the unemployment rate bottoms out. we have a LONG way to fall–except in canada according to my barber…sound familiar?
March 25th, 2010 at 7:25 pm
LOL it’s different …
LOL it’s different in Saskatoon? Now I’ve heard it ALL! Watch the US market collapse…it’s your future.
March 25th, 2010 at 7:25 pm
theres a pretty …
theres a pretty good Real Estate investing reading list at startinginvestor dott com.
theres no short cut to succes in RE investing
March 25th, 2010 at 7:25 pm
It is not the value …
It is not the value of the house that went up it is the value of the land. Houses do not appreciate but land value does. The economic profession would have us believe that the economics of land is no different than the economics of man made stuff. They say land is capital. The economics of land is completely different than the economics of capital. For example how does something not man made get its market value. Because land is left out of the discussion full understanding cannot be had.
March 25th, 2010 at 7:25 pm
Think Toronto …
Think Toronto prices will drop?
March 25th, 2010 at 7:25 pm
Great talk.
Im …
Great talk.
Im from Saskatoon, SK, Canada and weve had 57% appreciation last year and forecasted to be 26% more this year. And everybody cant stop boasting about how much their home is worth, and people spending like crazy.
People do see the storm clouds but they say its different here. People buying because they think they’ll be priced out forever.
I have a feeling we are where you were in 2004-05. The ride down is not near as fun as the ride up. No subprime might ease the pain.
March 25th, 2010 at 7:25 pm
Wow, this was from …
Wow, this was from November 2006.
March 25th, 2010 at 7:25 pm
I believe the …
I believe the housing slump is far from over. The employment scene in the North Bay area is not cool at all. Thank God I live with my mom. I would have to move out of California if I were forced to find an apartment due to crazy prices (still) and the shortage of apartment housing. I hope real estate prices bounce back soon for some sign of positive growth. I’m a fresh college IT graduate was has been unemployed since January 2008 and I really need a job… Now it’s find full time work or bust.
March 25th, 2010 at 7:25 pm
The Doc says real …
The Doc says real estate crashes take about 2-3 years to drop to real levels, but it may take longer than that.
March 25th, 2010 at 7:25 pm
Great speaker! …
Great speaker! Thanks for posting. I only wish the mainstream media interviewed economists like instead of the bull-heads who claimed that real estate would continue to climb at 10% a year.
March 25th, 2010 at 7:25 pm
This is exactly …
This is exactly what I have been predicting! How can a 3 bed 2 bath home in So. Cal that was worth $250,000 in 1996 be worth $900,000 in 2006?? It just doesnt add up! There has to be a major correction when a family of young professionals making well over $100,000 a year can’t afford to buy a home within 40 miles of thier job due to inflated home prices!!
March 25th, 2010 at 7:25 pm
Thank very much you …
Thank very much you for posting this teaching.
I felt like being in the classroom of a very gifted teacher. Compliments.
A great application of economic science on an actual situation like the present housing bubble and the build up. The lecture includes some humble (and highly appreciated, by me that is) remarks about the limitations of the economic science (of what this science is capable of and what it cannot do).
I loved attending this class.
March 25th, 2010 at 7:25 pm
when it starts rize
when it starts rize
March 25th, 2010 at 7:25 pm
Not yet.
Not yet.
March 25th, 2010 at 7:25 pm
Spell….. SARCASM …
Spell….. SARCASM ……
My Comment was to say that everyone will feel the results of this
rise of the Mc Mansion on an average wage.
Sitting on a house or flicking homes may make heaps of paper wealth
but in the end all products must be payed for with WORK…
That thing where you actually create something at the end of the day..
Like the chinese do…
Im in OZ and we are riding a Chinese minerals wave with USA creating
the swell……… Yi haaaaa… I can see the beach from here……..
March 25th, 2010 at 7:25 pm
And the end game is …
And the end game is to get everyone on the planet chipped with an RFID chip
March 25th, 2010 at 7:25 pm
Excellent speaker, …
Excellent speaker, great video! I just wish I had an inspiring teacher like this when I was in college (even though he was a guest speaker).
March 25th, 2010 at 7:25 pm
buy buy buy
buy buy buy