Quote:
Originally Posted by Cookie Parker
Nope...too many defaulted on their loans and there are an abundance of houses to sell....bankruptcy, not illegals, brought down the housing market.
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I know.
We live in AZ where the builders got greedy and expected an influx of CA residents to come rolling in, in return the locals bought up the houses expected to turn a huge profit, CA didn't come, homeowners can't afford 2 mortgages, now have to rent it out, way below what they originally paid for the house. Common get rich greed at work.
