San Diego Housing Market Is CRASHING! – Worst In 11 Years!



Views:10145|Rating:4.76|View Time:23:40Minutes|Likes:442|Dislikes:22
Josh Sigurdson talks with author and economic analyst John Sneisen about the crashing San Diego housing market as the bubble has been propped up to such an incredible pressure that we’re finally starting to see the resistance in the beautiful southern California city.
San Diego housing sales have gone down to their worst in 11 years in a September. That’s a 17.5% drop!
In September 2,942 homes were sold. That’s down from 3,568 sales last September! That is a significant difference and there’s no doubt why. The amount of fake currency being shoved into the markets by central banks, the bankrupt banks themselve and the vast amounts of debt and derivatives being propped up creating their own massive bubbles. We are seeing the return of collateralized debt obligations, mortgage backed securities, credit default swaps, subprime lending, reverse mortgages, you name it. If you saw it in 2007, you’re seeing it again!
This comes as an act of desperation and it’s time individuals start keeping track of this problem, educating themselves on why it’s happening again and break free as self sustainable, independent human beings free of the centralized monetary systems and governments.
Protect your purchasing power! Be responsible! Free your mind, free your money! Don’t become more subservient on debt and those who create the debt.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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2018

“Find the truth, be the change!”

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30 Responses

  1. World Alternative Media says:

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  2. Gary Powell says:

    I guess no one has heard of a fixed rate mortgage.

  3. deon wong says:

    Auckland , New Zealand , Listings go up 20% in 1 month.

  4. Destroy the liberal Machine Now says:

    Good. Houses were over valued by 300,000 at least

  5. Tim Kane says:

    Bail-in's are now legal. My IRA monies is the system unless I want to pay a large penalty to remove it. What should people do with IRA monies? Thanks.

  6. Alan_1212 says:

    What will happen to the housing market in Colorado? I'm looking to move there but the only thing holding me back is rent and housing is high.

  7. longrider says:

    This is true…an asset makes you money..a liability costs you money. It's basic accounting 101..yet my 57 year old sister continues to deny this one basic piece of accounting truth. Oh well.

  8. carlo vincent says:

    In France several houses in Marseille and Charleville Mezieres are simply FALLING DOWN last week, yes falling down, with
    several people died by this event !!
    On top of that this city houses, 5 floor building, belongs to the City of Marseille !!
    A lot of houses in France are worth NOTHING any more ((
    Good luck for smart people ))

  9. Spencer Cox says:

    glad i bought my home 31 years ago and it is PAID for that is how i can live in San Diego

  10. VegasStreetLights says:

    The random "yea" at 12:24. Lol

  11. Me and Sheila says:

    Very good video. I’d like to see/hear your thoughts about the Las Vegas Real Estate Market. Listening to GLVAR Realtors they tell me this “plateauing” is a seasonal normal even though the recent GLVAR report seems like a decline.

  12. Carwin Thompson says:

    Because so many people get stuff from the gov't. It doesn't cost the gov't folks a thing and it benefits them greatly.

  13. Steve Ast says:

    https://www.marketwatch.com/story/the-stock-markets-latest-sell-signal-has-happened-only-5-other-times-since-1895-2018-08-21

    Housing market seems to be heading in wrong direction which is not good news for stock market.

  14. ABRAHAM CHACKO says:

    Thank You both SIRs

  15. Gianni Luca says:

    For e one who loves es in Las Vegas. How about the bubbble in LAS VEGAS?

  16. Gianni Luca says:

    Any good deals in the La Jolla area? :).

  17. Jeffrey Smith says:

    Rent and live within your means to avoid slavery.

  18. PeaknikMicki says:

    With the incentives for buying property, it was exactly the same in 2008 shortly before the bottom went out. Property buyers would get TV's., holidays etc. just to try keep the volume up.

  19. Mr. Hutch says:

    Karatbars.ws is a GREAT option.

  20. Solar&Energy Raver DNB says:

    good to see Sneisen is back :D, glad Josh u ok, after poisoning

  21. 10tenman10 says:

    My grandparents were actually from Gimli. Then moved to Winnipeg.

  22. Sunny Fournier says:

    Cheers from a Canadian living in Cambodia. Been dept free for 5 years, own a small 2 story house, pay no property taxes and surrounded by mango and banana trees. Also buy 1/2 on oz of gold per month. Theses next few years will be interesting. Cheers be Well.

  23. WENDY MERRILL says:

    Call me please 702-541-4828

  24. G Ang says:

    NPCs learn nothing … They are programmed. Burn baby … Burn ….

  25. Gurpreet Singh says:

    Those who don’t study history are doomed to repeat it. Yet those who do study history are doomed to stand by helplessly while everyone else repeats it.

    —Tom Toro

  26. Keith Brandson says:

    Great episode guys. You are right on the money with your comments that personal financial freedom is related to a person's ability to mentally break free from the constraints imposed on them from the 'system'.  The biggest battle is in THE MIND. I think of the Bible verse that promises we have everything we need; just need to use our minds.  "His divine power has given us everything we need for life and godliness through the full knowledge of the one who called us by his own glory and excellence." 1 Peter 1:3.  Doesn't matter if we are living alone in Antarctica (or Canada :)) – or in the middle of the desert or even Las Vegas. 'Be the change'  😀  Keep up the good work John and Josh !!

  27. jbriordanjr says:

    Great video guys!

  28. Cesar Sepulveda says:

    Please not San Jose

  29. Willie Maeket says:

    I livein San Diego, they were selling 2 bedroom flop houses for $400,000. Rent was as high as $2300 for 2 bedroom apartments. This had to come to an end soon.

  30. Make a Stand says:

    Is the mass exodus from CA playing part In the housing to start to falll? Seems alot of the liberals and others are leaving to head to Texas for example because of jobs, less tax and better life in general

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