housing - - rivaling great depression, page-11

  1. 10,843 Posts.
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    Kaya what a story,

    Funny thing is there was ample time in there when he could have sold and made a profit. So many people are doing it. In my family so many may face potential bankrupcy the details are staggering.

    Developing land selling units and cannot get within 20% of costs. Multiply this out across many and you get the idea let alone the land costs.

    The future looks grim. People taking huge risks in the belief "property always rises" well pass the parcel is over.

    see ya mate gotta go back later
 
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