Comments on: The Chaos That “Underwater” Properties Caused in 2008 and 2009 Is Starting to Happen Again https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/ American exceptionalism isn't dead. It just needs to be embraced. Mon, 10 Jul 2023 16:04:04 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Recognizing Truth https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/#comment-15561 Mon, 10 Jul 2023 16:04:04 +0000 https://americanconservativemovement.com/?p=194601#comment-15561 And this is ONLY the beginning.

]]> By: News Reader https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/#comment-15558 Mon, 10 Jul 2023 14:55:05 +0000 https://americanconservativemovement.com/?p=194601#comment-15558 The values in many places blew UP artificially during Covid and wfh. Now they are adjusting BACK in quite a few places. Please Show the difference against the PRECOVID values for better accuracy vs alarmism

]]> By: StarGladiator https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/#comment-15553 Mon, 10 Jul 2023 13:14:11 +0000 https://americanconservativemovement.com/?p=194601#comment-15553 “We never seem to learn.”

Thanks for the fslse narrative spinning, Snyder! No wonder you never have any comments sections on your web sites!!!

Housing costs in Seattle [inexplicably] rose by 20%! While wages remained frozen or dropped —- yeah, yeah, yeah, dramatic increases in minimum wage but little effect with the assault on small business and so many closed due to the state lockdowns perpetrated by Gov. Xi Inslee!

The faux pundits blame it on high tech workers skewing things — but with all the tech layoffs that could hardly be the case —- but they NEVER remark on all those FOREIGN R.E. buyers whose identities are kept well hidden by Gary Locke’s firm he’s a partner with, DAVIS WRIGHT TREMAINE (same firm which represents Flannery Associates LLC in California, buying up all the land surrounding Travis AFB?!?!)!

Sure sounds like the CCP, or Chinese Communist Party, but then what do I know —– I just deal in tje facts!

]]> By: Rumplestitlskin https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/#comment-15551 Mon, 10 Jul 2023 13:10:03 +0000 https://americanconservativemovement.com/?p=194601#comment-15551 I wrote comments over a year ago when the FED started to raise interest rates, that what is happening is exactly what happened in the collapse of 08. Back then both the gas price and home mortgage interest rates went up simultaneously, leaving those with TOXIC loans to have to make a bad decision on just where their monies were to go, and gas won out because they needed to get to work in their car. Thus they stopped making their monthly mortgage payments, by the tens of thousands and the collapse commenced.

Oddly enough many of the mortgage houses could not figure out what loans belonged to whom as the paper chace became bogged in litigation and down-right incompetence when they tried to repossess those homes.
You’re a little slow on the uptake Michael. I’m surprised you didn’t see this coming.

]]> By: Joe https://americanconservativemovement.com/the-chaos-that-underwater-properties-caused-in-2008-and-2009-is-starting-to-happen-again/#comment-15545 Mon, 10 Jul 2023 09:54:04 +0000 https://americanconservativemovement.com/?p=194601#comment-15545 Apparently the current administration does not know what they are doing otherwise if we would still have the last admin running the show instead of stealing elections we would not be in the picadilly we are in.

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