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The housing price conundrum


Why did housing prices go up so much from 2000-2006 even though classical supply/demand would not have called for it

Channel: Education
Author: khanacademy

Length: 09:21
Rating: 4.8686132
Views: 35032

videohtml Click for Some Other Videos economics  housing  prices  appreciation  incomes  

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Video Comments

curtisjb1983
Sal!!!! I am studying your Dif Eq videos, so I had to laugh a little when you pulled up the calculator to figure 1.8 * 4. Haha, you're doing a great job my friend. Keep up the good work.
jerkazoid
7:20 well some Hurricanes such as Katrina destroyed a lot... but compared to 1.8mil a year, still negligible i imagine.
TheVicV
Just heard you on KCRW... Great interview! you have gained a fan!
conceil8
.Good day mouth pieces of Leviathan, the day is coming when all of you will eat your money and credit cards; you will go outside to eat grasses and you will drink waters in canals. You will become paranoid, trembling day and night, you will die insane, hopeless because you cannot hear this simple word: REPENT!.
DaWEaTHErMaNCaN91
if you want poeple to buy houses give us the frigen means to! LOWER HOUSING AND RENT COSTS!i call on poeple to revolt against housing price increases and land tax! if people dont, then wallstreeet and gov will do what it can to make society go mass homeless. we need to revolt against housing price hikes, and demand price freezes on housing! Wallstreet has to be banned from manipulating peoples right to shelter and wellbeing! price hiking on housing must stop now!
andrewrosso
its ben bernaki. he when in office on jan 2006 and then it fell.
stupidtreehugger
People already there who rent; trust funds; corporations; the shadowy central bank sheisters that create our currency out of thin air and then have the gall to charge interest on it - lots of people can buy houses not just newcomers. Get you thinking don't they these vids; very good khanacademy!
stupidtreehugger
The powers that be dropped the lending criteria the mortgage interest rates and the lemmings streamed in. I know I was one of them; naive aspirational morons. They deliberately don't teach you finance at school! Then the overlords repackaged high risk mortgages to look low risk (by CDOs and DCSs as khanacademy explains in other vids) and cashed in on that side as well; the clever greedy destroyers.
MrMortgage1
Debt consolidation can be a really useful tool for many people, the key is of course to do a little homework and make sure you're not dealing with a rip off merchant.consolidationnetwork . comhas many useful links for debt consolidation comapnies
Wampas9175
Well said, good tips in your videos. But to me it doesnt make sense how demand is higher w/forclosures and job losses on the rise? Because then wouldn there be less demand and more supply? And homes get more expensive every year why? So we can continue to lose them and not be able to afford them? This is why i think a lot of people nowadays just live w/parents till their like 25 and save their money cuz without any job security, whos gonna want to take out a 30 year loan??


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