In many cases it was a shrinking of the market and falling prices.
People bet on an increasing market frenzy and got in over their heads, I guess. Stewart At 03:10 PM 1/31/2009, you wrote:
Interesting point. If that is the case why does an income-producing property go into foreclosure? Did all of the tennants in these areas get whiped out in a cataclysm that the government is keeping secret? Something else must have happened to cause this sequence of events. What?
Rev. Stewart A. Marshall mailto:[email protected] Prince of Peace www.princeofpeaceozark.org Ozark, AL SL 82 ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
