{"id":16209,"date":"2012-09-27T14:59:15","date_gmt":"2012-09-27T21:59:15","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=16209"},"modified":"2012-09-27T14:59:54","modified_gmt":"2012-09-27T21:59:54","slug":"americans-will-downsize-and-live-multigenerationally-in-order-to-offset-the-fraud-they-know-exists-in-real-estate-until-there-is-wage-growth-and-that-could-be-years-or-decades-away-people-will-n","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16209\/americans-will-downsize-and-live-multigenerationally-in-order-to-offset-the-fraud-they-know-exists-in-real-estate-until-there-is-wage-growth-and-that-could-be-years-or-decades-away-people-will-n\/","title":{"rendered":"“Americans will downsize and live multigenerationally, in order to offset the fraud they know exists in real estate. Until there is wage growth, and that could be years or decades away, people will not trust any upward movement in real estate values.”"},"content":{"rendered":"

A searing indictment of The Bernanking System in Business Insider:<\/a><\/p>\n

Once people start to come out of negative equity, even more of them will sell and try to get out from under the cloud they are under. So, the housing bubble orchestrated by the Fed and by the hedge funds and by the wealthy could free up massive inventory. The average person fears negative equity. The Fed will not erase that memory.<\/p>\n

The only way people will risk negative equity is if their house prices are cheaper than rent. But the artificial inflation of housing prices will do nothing but push the average Joe away from housing.<\/p>\n

Keep in mind that about 4.4 million houses were sold in 2011 and only 2.4 million mortgages were taken out for purchase. That is a mortgage depression and the rise in house prices has not changed that mortgage depression.<\/p>\n

People are learning that the uptick in prices is a scam, both by banks withholding massive inventory, and by the Fed making more easy money available to the rich. Once they own most of the inventory, they will be forced to initiate a housing bubble or they will be stuck with the properties.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

A searing indictment of The Bernanking System in Business Insider: Once people start to come out of negative equity, even more of them will sell and try to get out from under the cloud they are under. So, the housing bubble orchestrated by the Fed and by the hedge funds and by the wealthy could […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,26,5],"tags":[],"class_list":{"0":"post-16209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-lending","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":982,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/982\/peeking-into-bernankes-crystal-ball\/","url_meta":{"origin":16209,"position":0},"title":"Peeking into Bernanke’s Crystal Ball","author":"Brian Brady","date":"February 2, 2007","format":false,"excerpt":"Do you want to look into the crystal ball through the eyes of Federal Reserve Chairman, Ben Bernanke? Will that help you predict mortgage rates and housing prices for 2007? I try to outguess the Fed all the time and I've decided that we'll see a significant decline in short-term\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5010,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5010\/what-happens-to-the-early-worm\/","url_meta":{"origin":16209,"position":1},"title":"What Happens to the Early Worm?","author":"Cooksquared","date":"October 16, 2008","format":false,"excerpt":"Quite a while back I asked a question, if the early bird gets the worm, what is the early worms reward for being early? In this tumultuous market we have already seem many early worms. Several months ago a lot of people began jumping back into real estate only to\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14552,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14552\/brett-arends-from-the-wall-street-journal-on-zillows-morning-gloom-report-all-this-bearish-news-makes-me-bullish\/","url_meta":{"origin":16209,"position":2},"title":"Brett Arends from the Wall Street Journal on Zillow’s morning gloom report: “All this bearish news makes me bullish.”","author":"Greg Swann","date":"May 9, 2011","format":false,"excerpt":"Our friends at Zillow.com have figured out the secret to getting news coverage: Bad news:Home values in the United States fell faster in the first quarter of 2011 than they have in any quarter since 2008, when the housing market experienced its worst performance, according to Zillow's first quarter Real\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18710,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18710\/2023-housing-bubble-or-2024-real-estate-boom\/","url_meta":{"origin":16209,"position":3},"title":"2023 Housing Bubble or 2024 Real Estate Boom?","author":"Brian Brady","date":"May 15, 2022","format":false,"excerpt":"Zillow \"creates\" digital home valuations and The Fed \"creates\" digital currency so it's not like we are dealing with credible institutions BUT: The Dallas Fed is worried that housing is overvalued. Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3223,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3223\/canadian-housing-crash-could-induce-more-investing-in-america\/","url_meta":{"origin":16209,"position":4},"title":"Canadian Housing Crash Could Induce More Investing in America","author":"Brian Brady","date":"June 9, 2008","format":false,"excerpt":"You heard it here first. Canadian real estate is in the danger zone. Well, maybe not all of Canada's housing stock will fall but the Western provinces look overvalued. If you subscribe to my site, you heard about this over the weekend. It all started back in 2003. A barrel\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18087,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18087\/overnight-news-if-buyers-will-waive-anything-why-not-representation-itself\/","url_meta":{"origin":16209,"position":5},"title":"Overnight News: If buyers will waive anything, why not representation\u00a0itself?","author":"Greg Swann","date":"April 29, 2021","format":false,"excerpt":"I'm doing CE just now \u2013 a month early, because I'm about to get hit with houses and I can't be late. So: Dual agency is bad, m'kay? Steady source of lawsuits, including class-action suits. But it's lawful, as regulated, so that's what's taught: Written consent of both parties when\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=16209"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16209\/revisions"}],"predecessor-version":[{"id":16211,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/16209\/revisions\/16211"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=16209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=16209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=16209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}