• [ network ]
  • goatmatrix.net
  • img.gvid.tv
  • speedy.gvid.tv
  • apps.gvid.tv
  • gvid.tv
HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Time To Take Our Medicine, Bring on the Foreclosures Says Jim The Realtor

Views:928
@ReasonVids

"When I come into a house with buyers, I start picking it apart," says San Diego's Jim Klinge, known on the internet as 'Jim the Realtor,' a wise-cracking real estate agent who posts his honest, painful, and sometimes hilarious assessment of bank-owned properties on his Youtube channel: youtube.com/jimtherealtor.

While both the Bush and Obama administration have advocated programs aimed at keeping people in their homes, Klinge argues that this is the exact wrong approach and is only prolonging the agony in the housing market.

"If they wanted to do what was best for the market, they would just unleash the floodgates and let it rip," says Klinge. "It would cause a frenzy of buying to see all of these bank deals, and people would come running."

Reason.tv met up with Klinge for a walkthrough of a bank-owned property in North San Diego County, where he pointed out some of the issues with the home and talked about the past, present and future of the housing market. When does he think the market will bounce back and bring values back up to peak levels?

"We need to be prepared for it being never," he says. "I hate this whole investment thing. Buy a house because you like it and you want to raise a family. The good news is, I think today's buyer is exactly that."

About 4 minutes.

Interview by Zach Weissmueller. Camera by Paul Detrick. Edited by Weissmueller.

Scroll down for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notifications when new material goes live.

jim the realtor
,
housing bubble
,
housing crisis
,
business cycle
,
federal reserve
,
interest rates
,
libertarian
,
reason magazine
,
zach weissmueller
    Thumbnail for Teachers Union and NAACP Sue NY Charter School: An Update on Bob Bowdon's Choice Media TV4:57
    Teachers Union and NAACP Sue NY Charter School: An Update on Bob Bowdon's Choice Media TV
    ReasonVids
    1011 views
    Thumbnail for Dead Rising: Ending - Walkthrough - Final Part - Let's Play (Gameplay & Commentary) | theRadBrad18:31
    Dead Rising: Ending - Walkthrough - Final Part - Let's Play (Gameplay & Commentary) | theRadBrad
    invidious
    346 views
    Thumbnail for Ahhhhh. Diversity. 2:06
    Ahhhhh. Diversity.
    AOUisgay
    861 views
    Thumbnail for Post-Cruise Spicy Ramen Bowl | Lisa Nguyen0:26
    Post-Cruise Spicy Ramen Bowl | Lisa Nguyen
    invidious
    79 views
    Thumbnail for I Tried Pure Capsaicin 🥵 #shorts | Sean Andrew0:43
    I Tried Pure Capsaicin 🥵 #shorts | Sean Andrew
    invidious
    116 views
    Thumbnail for When the Jury Got It Wrong13:38
    When the Jury Got It Wrong
    AOU
    1405 views
    Thumbnail for Trump PROSECUTING CNN Employees Over ICE-Tracking App Coverage! | The Jimmy Dore Show14:50
    Trump PROSECUTING CNN Employees Over ICE-Tracking App Coverage! | The Jimmy Dore Show
    invidious
    83 views
    Thumbnail for Entspannen Sie sich mit dem beruhigenden Geräusch von starkem Regen in einem gemütlichen Schlafzimme | Rain City Vibes1:00
    Entspannen Sie sich mit dem beruhigenden Geräusch von starkem Regen in einem gemütlichen Schlafzimme | Rain City Vibes
    invidious
    314 views
    Thumbnail for I’m not crying, you are.. 😭😭😭 #stitch #disney #summer #shorts | Ivan Mars - Movie Detective0:40
    I’m not crying, you are.. 😭😭😭 #stitch #disney #summer #shorts | Ivan Mars - Movie Detective
    invidious
    119 views
    Thumbnail for MST3k 815 - Agent for H.A.R.M. | analogkid011:31:07
    MST3k 815 - Agent for H.A.R.M. | analogkid01
    invidious
    381 views
    Thumbnail for Arcadia - Election Day (7" Version)" (Official Music Video) | DuranDuranVEVO4:35
    Arcadia - Election Day (7" Version)" (Official Music Video) | DuranDuranVEVO
    invidious
    221 views
    Thumbnail for NPC's receiving new updates.0:38
    NPC's receiving new updates.
    bestofupgoat
    139 views
    Thumbnail for Driving through Manhattan, New York (1945)0:37
    Driving through Manhattan, New York (1945)
    AOU
    1438 views
    Thumbnail for Licensing Gone Wild: Oregon Bureaucrats Shut Down  82-Year-Old Barber1:31
    Licensing Gone Wild: Oregon Bureaucrats Shut Down 82-Year-Old Barber
    IJvids
    948 views
    Thumbnail for Alligator Snaps Up Fish Caught by 15-Year-Old1:09
    Alligator Snaps Up Fish Caught by 15-Year-Old
    invidious
    312 views
    Thumbnail for Bored Scientists Now Just Sticking Random Things Into Large Hadron Collider | The Onion1:54
    Bored Scientists Now Just Sticking Random Things Into Large Hadron Collider | The Onion
    invidious
    440 views
    Thumbnail for Joe Trippi: "I don't see Jeb Bush and Hillary Clinton having a big fight over the NSA."0:56
    Joe Trippi: "I don't see Jeb Bush and Hillary Clinton having a big fight over the NSA."
    ReasonVids
    884 views
    Thumbnail for 4 Corrupt California Families ~ Newsom, Brown, Pelosi & Feinstein5:07
    4 Corrupt California Families ~ Newsom, Brown, Pelosi & Feinstein
    bestofupgoat
    153 views
    Thumbnail for Market Seer Peter Schiff, on the U.S. Becoming an "Economic Wasteland"4:42
    Market Seer Peter Schiff, on the U.S. Becoming an "Economic Wasteland"
    ReasonVids
    907 views
    Thumbnail for California Redevelopment Agencies Abused Their Powers & Should Never Return10:00
    California Redevelopment Agencies Abused Their Powers & Should Never Return
    IJvids
    925 views
    Thumbnail for The absolute state of Australia. Man nearly gets arrested for carrying a protest sign and telling everyone that families are starving. Doughnut eating copper couldn’t catch him though0:43
    The absolute state of Australia. Man nearly gets arrested for carrying a protest sign and telling everyone that families are starving. Doughnut eating copper couldn’t catch him though
    bestofanarchocapitalism
    2440 views
    Thumbnail for A perfect example of how all cops treat Whites far worse because they know we’re the only ones they’re allowed/encouraged to commit violence against with immunity. 2:20
    A perfect example of how all cops treat Whites far worse because they know we’re the only ones they’re allowed/encouraged to commit violence against with immunity.
    bestofvoatxyz
    640 views
    Thumbnail for How We Made A Wire EDM Machine At Home | Action BOX18:46
    How We Made A Wire EDM Machine At Home | Action BOX
    invidious
    373 views
    Thumbnail for This Was SAVAGE! 😱🤯🤣 | Woody & Kleiny0:46
    This Was SAVAGE! 😱🤯🤣 | Woody & Kleiny
    invidious
    352 views
    Thumbnail for The Only Turkey Recipe You Need | The Golden Balance1:00
    The Only Turkey Recipe You Need | The Golden Balance
    invidious
    216 views

points

Permalink
Reply
jim the realtor
,
housing bubble
,
housing crisis
,
business cycle
,
federal reserve
,
interest rates
,
libertarian
,
reason magazine
,
zach weissmueller
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle