To: IbJensen
They are going to burn down all those distressed mortgage houses and clear them off the books. YEAH! Mark-To-Market Detroit style.
To: AmericaUnited
Did you hear the investor lady that called in to Rush yesterday?
She said the foreclosed houses in Detroit are worth LESS than the land value because you have to tear down the structure that the former “owners” trashed in order to make the land usable.
17 posted on
09/30/2008 11:42:50 AM PDT by
MrB
(0bama supporters: What's the attraction? The Marxism or the Infanticide?)
To: AmericaUnited
Every Halloween Detroit has suffered the destructiveness of arsonists.
They, like Mohammed, who is running out of virgins, are now running out of derelict houses to torch.
56 posted on
09/30/2008 12:44:35 PM PDT by
IbJensen
(Ali Bama isn't going to make it!)
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