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Condo Troubles Further Squeeze Property Lenders (Flippers aand speculators hardest hit)
http://online.wsj.com/article/SB118799900508008451.html?mod=hpp_us_whats_news ^
| 8-25-07
| ALEX FRANGOS
Posted on 08/26/2007 8:18:31 AM PDT by Hydroshock
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To: Chode
Sounds like a toxic waste dump with granite countertops.
21
posted on
08/26/2007 10:33:43 AM PDT
by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
I took a financial bath on my Silicon Valley condo in 1998. Condos aren’t the investment standalone homes are. Still, I enjoyed the lifestyle.
22
posted on
08/26/2007 11:02:27 AM PDT
by
gcruse
To: Hydroshock
23
posted on
08/26/2007 11:03:27 AM PDT
by
upchuck
(Today there are 10,000 more illegal aliens in yer country than there were yesterday. 10,000! THINK!)
To: ccmay
“Location is everything.”
In the case of Coronado Shores, it was location + draconian governmental restrictions on new construction.
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