To: SierraWasp
You mean something like the 'housing boom' here in New York where they're building insanely over priced outhouses that sit empty for years before anyone buys them?
(Three bedroom, one bath house with 1/4 acre or less going for 190,000. This in an area where the typical income is 32,000 or less. and near 55% or more of your income leaves by way of taxes before you can even pay bills.)
Yeah, there's a supposed housing booom out this way. The Banks and contruction business doesn't seem to understand that people just don't have it. But they'll try to create the market themselves. Can't wait for the bottom to drop out on them. I know of at least three banks that will end of owning several thousand acres and yet go bankrupt.
Once again, a State Enron in progress.
"Without oil man can never hope to Pave the Earth."
(I just love yanking the enviro-nuts chains...)
12 posted on
02/26/2003 8:49:19 AM PST by
Darksheare
(<====The sky eyes are flocking to the 'forbidden' channels.)
To: Darksheare
"(I just love yanking the enviro-nuts chains...)"I'd rather yank their nuts!!!
18 posted on
02/26/2003 9:35:41 AM PST by
SierraWasp
(Like, hey man, SHIFT_HAPPENS!!!)
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