Jul 15
no money! Please add a video of your town of commercial or residential. You pray & the churches prey! March 13, 2009 … Florida commercial realestate church outlook 2009 prediction real estate economy credit housing bubble news bailout investments free money hard times depression recession dollar collapse prices crash economic growth vacant land investing rich for sale foreclosure bankruptcy flip rental mcmansion income crisis renting property rent downturn ghost town infowars debt is …
July 15th, 2009 at 2:30 am
Wow, FL reminds me like CA. You know? Both have nice weather + beaches, but both are flakey + nutty at the same time. No wonder why FL + CA have the worst economic crisis in the USA. Don’t forget? Both have major natural disasters: FL = HURRICANES + CA = EARTHQUAKES.
July 15th, 2009 at 2:30 am
Don’t worry be happy we have printed up trillions. All these malls will be humming shortly . In New Jersey we are approving subdivisions ,warehouses ,expanding the turnpike the money flows like milk fron heaven.
July 15th, 2009 at 2:30 am
I see a few unfinished subdivisions where I live.
July 15th, 2009 at 2:30 am
Couldn’t they just walk to the gate and then to the mall, or get a pedal bike if they didn’t want to walk?
July 15th, 2009 at 2:30 am
I worked on 2 residential developments next to a large outdoor mall. Something like 600 units….when finished, they put a fence around the whole damn thing without any means of walking the 1/8 mile to the mall directly adjacent. Everyone has to drive out the gate and around to get to the shopping next door.
July 15th, 2009 at 2:30 am
HAHA! i like the last part. “somewhere to ‘prey.’” it’s misspelled, but it probably rings true. im sure in a town like that there are PLENTY of predators.
July 15th, 2009 at 2:30 am
The commercial and housing real estate collapses suggest that we might want to rethink the wisdom of speculating in real estate when all that does is increase the cost of assets that are no more useful but just cost more. On top of which when the speculative price gets too high and people can no longer afford to pay the whole thing must collapse as it does periodically about every 18-20 years. America chose real estate and stock market speculation over the real economy and our tax laws helped.
July 15th, 2009 at 2:30 am
Me too!
July 15th, 2009 at 2:30 am
Thanks mate..Looking forward for more videos from you
July 15th, 2009 at 2:30 am
Thank you for sharing the video with everyone, and great choice of soundtrack.
July 15th, 2009 at 2:30 am
Broke and still breaking, Ted Russell Kamp
July 15th, 2009 at 2:30 am
Song name and singer please..
July 15th, 2009 at 2:30 am
I watched the end of suburbia. I don’t think the end of the burbs are going to happen within the next 50 years.
There is very promising magnet technology, zero point energy out there. The problem is it’s free. Until they can figure out a way to charge you it will not be mainstream. Some of my favorites show the power of the magnet. There is also new solar panel technology, much more efficient. We could always drill in the US for oil. I guess we are waiting for everyone else to run out first. thx
July 15th, 2009 at 2:30 am
Yes, that was my point, but raw materials and manufactured goods in America, also have to go by road, and fuel costs affect shelf prices, and if fuel goes up then American will end up paying, more which means less disposable income which affect shop which close ect into a death spiral.
As you are an American, watch ‘the end of suburbia’ if you haven’t altread seen it.
Its on goggle video:
videosearch?q=the+end+of+surburbia&emb=0&aq=f#
Note: Best make yourself comfy as its a 50 min + show.
July 15th, 2009 at 2:30 am
This video is shot in greater Jacksonville, FL. Jacksonville is the largest city by land area in the USA; of this, 757.7 square miles (1,962.4 km²; 86.66%) is land and 116.7 square miles (302.1 km²; 13.34%) is water. The local joke is it always takes 45 minutes to get where you are going from where you are. It is impossible to not drive. No matter what the price of gas is people will pay it, maybe just drive less and for essentials only.
July 15th, 2009 at 2:30 am
American shopping malls ect are spread out with a large walking distances between A & B, and Americans need a car to get around.
July 15th, 2009 at 2:30 am
One thing I have noticed is you must have a car, you can’t ‘walk to the shops’. How many more shops are going to close when fuel prices start going up again?
July 15th, 2009 at 2:30 am
STOP THE WORLD! I WANT TO GET OFF!!!
July 15th, 2009 at 2:30 am
I heard Florida got hit reallllly hard. Our Linens n Things closed and is vacant. Come to think of it…at our outlets they did build commercial property and it has been vacant for at least two years lol. Ha! Forgot about that lol.
July 15th, 2009 at 2:30 am
No shops. Well its time to start saving fake Fed dollars then.
July 15th, 2009 at 2:30 am
This is awesome. I’m shorting CMBS (commercial mortgage backed securities). Burn motherfucker, burn!
July 15th, 2009 at 2:30 am
Great job.
July 15th, 2009 at 2:30 am
This is just the beginning unfortunately. The commercial real estate crisis is next and will dwarf the sub prime crisis. This will happen globally. Friends we need to be honest and realise the only way to fix the financial crisis is to make hard decisions. Obama has made easy decisions- print more money! This debt has only been made worse and the dollar made less valuable. We have to face the truth- the dollar will crash! USA will have the Amero in 2010 ,the $ is intentionally being driven
July 15th, 2009 at 2:30 am
Pray and Prey.
Two similar words with VERY different meanings.
July 15th, 2009 at 2:30 am
You may have seen 1/10th of this video in Canada, but let’s not get carried away yet, no strip malls upon new strip malls comptely empty….how come? Canada wasn’t as irresponsible, it’s a good time to be Canadian
I feel we will however see this no matter where we go, Canada included, in the next few years…Canada will be hit by it’s biggest trade partner precipitously slowing down it’s buying as we’re currently experiencing.