UK Housing Bust

Here are some good Videos on the shady side of the UK Housing Market. Thanks to Housing Doom for posting these. LINK

Buffett sitting on his wallet

I couldn't agree with Warren any more. I have sold all my stocks and I am sitting in 5% GIC's, plus I am saving cash like crazy.


"Equity markets are not yet bargain-priced and there's more pain to come on Wall Street because of the debacle in U.S. mortgages, says Warren Buffett, the world's second-richest man.
“I was 370 points giddier yesterday at the end of the day than at the start of the day,” he said, referring to Tuesday's 2.9-per-cent decline in the Dow. But, he added, “I'm not giddy yet. Things are not ridiculously cheap.”" LINK

Housing Blog Impressions???

I was just curious of what you think when you stumble accross Blogs like these? What were you looking for? Did you find it in the content, links, etc.??

I stumbled accross Housing Blogs when I was selling and looking for a new Home. I just couldn't beleive the prices that people were asking and I got suspicious and started looking for more info.

While Canadian Blogs are still forecasting a real estate correction, American Blogs have had their predictions realized. It was interesting to read, last year, the debates on those Blogs. Now there isn't really any debate, the Housing Bubble has popped and the media has even started to report what these Blogs had been forecasting 2 years ago.

Fraser Valley, BC Real Estate STATS are out.

The January 2008 Housing STATS for the Fraser Valley are out. LINK.

"(Surrey, BC) – The Fraser Valley Multiple Listing Service® (MLS®) January 2008 statistics reveal an increase in selection for buyers and continued price increases for sellers in the Fraser Valley."