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How Big Is Wall Street`s Housing Bet? Pretty Big

How Big Is Wall Street`s Housing Bet? Pretty Big

NewDay12 | Jan 9, 2013 04:42 PM ET I like how after almost 5 years they are still calling this a recovery. Do they think people are that stupid. We are simply not in a technical reccession due to government intervention. Never recovered. At least reason with people and simply call it a "bullish position for 2013". If the economy has "recovered" 2013 would just be called a "growth year"....we`ve been flat for 5 years...that`s not a recovery. It`s funny....I simply stay away from the "cheerleaders" and won`t do business with their companies....5 years of this exposes what a bunch of idiots they are........... "they" are the real sheeples peddling any cr@p their boss tells them too........regardless of the "product" and what it does.

Truth4you | Jan 9, 2013 04:43 PM ET For a change Wall Street is right. Housing prices in US will EASILY DOUBLE over the next few years, simply due to the fact of how low average House prices are in US compared to the rest of the developed World and given the FACT of how little Houses have been built in US over last 4 years.

Truth4you | Jan 9, 2013 04:45 PM ET The real question is Why US Housing prices fell from such low averages compared to rest of the developer World, why they have not kept up with rest of Developed World? Answers: 1- Lack of essentials such as Universal Socialized health care which would SAVE typical American family $15000 per year, something that rest of Developed World has 2- Our Taxes wasted on one War after another 3- Our Taxes wasted on a Gargantuan Military. OTN, why are we providing FREE Military protection to Japan, Germany, UK, etc. whom all are MUCH richer than US. For more google: Ultimate LIE: US economy crashed due to Housing Bubble

NewDay12 | Jan 9, 2013 04:50 PM ET Truth4you | Jan 9, 2013 04:45 PM ET Get a life.......sick of your non-sense. Post a real thought....not some canned propaganda you are pasting all over the net...you look like an idiot....take the tin foil off bud....life is good....go out and enjoy it.

hughjidette4usa | Jan 9, 2013 05:30 PM ET Only complete morons would believe this as wall st and the big banks have tonnes of homes backed up in foreclosure so if they get the MSM to perpetuate this "bull" market they can once again unload their inventory on suckers at a profit. Even though all real estate is local without employment increasing drastically no meaningful housing recovery will happen just REITs and big fund speculators. Just to float the economy and DOW 13K the Fed has increased balance sheet $3T along with Obama spending $1.5T deficit per yr meaning US debt has increased by 2X. Why are students staying in school longer, or more people dropping out of the workforce and unemployment rate at 7.8% still. What a joke.

Truth4you | Jan 9, 2013 05:34 PM ET NewDay12, Every time you Republicans open your mouth you further prove what utter complete lunatics you people are. Because I have listed a set of ABSOLUTE FACTS and all you lunatic can say is: "Get a life.......sick of your non-sense." Proving yet again how you Republican lunatics cannot handle FACTS. Or is it NOT fact that Government run Universal Socialized healthcare (NHS) gives health care to all for FREE, free for Taxes we PAY, while cutting health care spending by 50% and these ABSOLUTE FACTS are why Margaret Thatchers Conservative party in UK is 100% for their NHS, here: conservatives/Policy/Where_we_stand/Health.aspx and here: kff.org/insurance/snapshot/oecd042111.cfm or go here: realnewspost/sa.php?a=34590

AnotherDay2 | Jan 9, 2013 05:36 PM ET I agree with the S&P going to 1575 by the end of 2013 but in between now and then we may see a correction of 10% or more with the sequestration and debit ceiling battle (the new fiscal cliff). If both of those occur look for the housing market take another big hit. Oh well stupid is as stupid Congress does!

suprg1969 | Jan 9, 2013 05:56 PM ET

bingden | Jan 9, 2013 06:05 PM ET why am i not surprised that wall street is ready to capitalize on a crisis it helped create. AIG and the old cronies in their all knowing wisdom backed the sales of bad loans and sold them, relied on the taxpayers they bamboozled for a bailout, and now are ready to buy back in and reap the profits. Such is capitalism.....damn the torpedoes, and damn the rest of the world economy. Cheers.






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Latest Comments

After an Eight-Month Ride, Home Builder Confidence Stalls - 720MP | Jan 16, 2013 10:05 AM ET still at the highest level in years, DJs is not portraying it as a negative and neither did the market

stockbandit91 | Jan 16, 2013 10:06 AM ET I can ... - by Train211

Can I keep my mortgage deduction - CraigBean | Dec 5, 2012 04:41 PM ET At least kill it for 2nd homes, and perhaps lower the cap. Anyone buying a 2nd home can make do without the rest of us subsidizing their purchase, same for the hig... - by JBT722

US Mortgage Applications Post Big Drop - matt1966 | Dec 19, 2012 10:32 AM ET Loan demand drying up? Oh, that`s ez to fix. Just start lowering the standards- It`s only a matter of time before the drumbeat to do that occurs. Or maybe there wo... - by Max64

the interest rate tax deduction - Berosucci | Dec 6, 2012 12:49 PM ET If you are relying on the interest rate tax deduction to be able to "afford" a house, you are buying too much house.

gram01 | Dec 6, 2012 04:45 PM E... - by 8843HC

Mortgage Applications Fall for a Third Straight Week - 720MP | Jan 3, 2013 07:52 AM ET if it leaves out 25 percent then the information is worthless

StormT | Jan 3, 2013 08:10 AM ET And yet....................there`s a housing recovery? H... - by QVV335



How Big Is Wall Street`s Housing Bet? Pretty Big

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