Posted: 4/26/2007 7:14:12 AM EDT
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Check this out: www.websitetoolbox.com/tool/post/sdcia/vpost?id=1854186&trail=30 This jerk is part of the latest investor fad that ran up prices to unsustainable levels in Florida along with several other places. This guy bought a bunch of houses. His investments are now failing. Quite a few people in this thread are telling him to hide his money before doing a short sale or foreclosure. In the end, he keeps his money and indirectly we (the public) take the hit. Now locals can't afford a primary residence in areas that his type have run rough shod all over. |