Mar 20 2010

3 Underground Real Estate Practices Moving the Market – Short Sale Fraud, Squatter Stimulus, and Buying Before Foreclosing.

In the early days of the housing bubble here in California and other bubble states a handful of people were raising alarm bells that mortgage fraud was occurring at unprecedented levels.  The housing industry initially came out skeptically stating this was only a handful of wayward people. As it turns out, it was the vast […]

Jan 21 2010

Oil has Crushed the Suburban Homeowner Dream – How $75 a Barrel Oil no longer Supports New Home Construction in Distant Areas. Case study of Riverside and San Bernardino Foreclosures and Housing.

The peak of $147 for a barrel of oil seems to be a long gone memory.  Yet oil per barrel is still up over $75, a long cry from the $20 barrel many became accustomed to.  I have been mulling this issue over for a few months because few people are even considering oil prices […]

Sep 10 2009

California Lost Decade of Employment: Bulk of Recent Income Gains went to Wealthiest Californians. 76.8 Percent of Adjusted Gross Income Gains between 2006 and 2007 went to the Wealthiest Fifth of California Personal Income Taxpayers.

California may now have one of the distinct misfortunes of enjoying a lost decade of job growth.  This not only applies to the battered economy of California, but to the nation as well.  To put the magnitude of the current recession in perspective, the only other time in economic history to see a contraction wipe […]

Aug 12 2009

Commercial Real Estate, Construction and Finance Employment: How Commercial Real Estate will drag the California Economy Deeper into Recession. 32 Percent of California Construction Jobs Gone.

California is heavily dependent on real estate.  That should be of little surprise to you but many have a hard time understanding how devastating the housing crash is to employment in various sectors.  California for 30 years relied on housing even though in many years, it was in a bubble.  That is why in 2009 […]

Jun 24 2009

$100,000 a Year Will Make you Go Broke with the California Tax System: Why California is a Fiscal Disaster. Broken Tax Structure built on Bubbles.

It is amazing how little attention on a national scale the California debacle is getting.  California alone is the 8th largest economy in the world and contributes $1.8 trillion a year to the national GDP.  In the mainstream press, all you hear is sound bites of “there goes California” yet the state is teetering on […]

Page 4 of 6« First...23456

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. Lining up at Midnight at Wal-Mart to buy Food is part of the new Recovery. Banks offering Mattress Interest Rates. The Invisible Recovery Outside of Wall Street.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories