Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo

By Greg Hunter

Real Estate expert Fabian Calvo says boom bust housing crisis is on the way.  Calvo explains, “There are a lot of outlier indicators that show the run-up to another big boom in housing prices.  If you look back and consider my theory of the ‘pump and dump’ in March of 2012, when I said housing prices would shoot through the roof, housing prices are up over 26%.

Housing Market-Manipulated Ponzi Style Boom-Fabian CalvoWe are entering one of the most dangerous periods of the housing market with the manipulated, Ponzi style booms similar to what we say in Dow Jones and the stock market.” Calvo goes on to say, “I am often surprised that the real estate market is not talked about more.  It is a central key component of the overall Wall Street Ponzi scheme that they are running in the West, and really globally, when it comes to propping up the dollar and propping up financial markets.” Calvo contends there are signs the power players are getting ready to dump real estate.  Calvo says, “John Paulson, we know he made billions of dollars betting against subprime; he knew the handwriting was on the wall.   What’s he betting on now?  He just put in a half billion dollars to buy a big company called Realogy.

Realogy happens to own Coldwell Banker, Century 21, ERA, Sotheby’s; so you see what he’s doing.  We also know Warren Buffett bought Prudential. They are buying up these real estate brokerage houses because they know this new wave of real estate is going to be anyone who can fog up a mirror will be able to get a loan, including the millions of illegal aliens that are flowing over the border.  They are going to be giving loans to them as well to buy up these homes.” Calvo, whose company buys and sells $100 million worth of real estate annually, also points out, “You have these housing companies who own millions of properties, and they are already starting to sell mortgage-backed securities and securitizing these bundles.”  Calvo thinks it’s deja vu all over again, and what will happen?  Calvo says, “Soon enough, the same thing that crashed the market in 2007 and 2008.

Read more

 

About the author

Red Pill Reports Some articles are aggregated under the Creative Commons License. If you feel this article has been re-published outside of these parameters, please contact us immediately to resolve any issues. We respect copyrights and address any concerns promptly. Real reporting digs for the truth. It is our hope to find it. Share it. Red Pill Reports is your prescription for truth.

Similar posts: