These reductions listed averaged $40,000, but several were higher, with one reduction of $100,000.
I hope that the people who drove up prices by speculating for a quick buck are the ones who will get hurt the most. I have no sympathy for them. Let their properties sit there, rot and depreciate. When they're ready to go bust I'll be the first one there offering them 50 cents on the dollar and giving them my biggest and worst smirk.
What goes around comes around.
I hope that the people who drove up prices by speculating for a quick buck are the ones who will get hurt the most.The people who drive up prices are buyers, not sellers.