Cheap House

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    Posted: 09 Oct 2014 at 4:08pm
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Titanium
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The property crash hit some areas of the USA harder than we can imagine

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11339855
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Post Options Post Options   Likes (0) Likes(0)   Quote Garry 23041 Quote  Post ReplyReply Direct Link To This Post Posted: 20 Oct 2014 at 2:35pm
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It's fair to say that as much as govt goes on about the recession we did not go through anything like they did in Europe or the States.
 
I was just in Hawaii and the homeless numbers there must be massive as they are everywhere!
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Post Options Post Options   Likes (0) Likes(0)   Quote CanadianJohn Quote  Post ReplyReply Direct Link To This Post Posted: 20 Oct 2014 at 2:44pm
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Titanium
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when I was in Florida last year there were lots of stopped building projects around. you got the feeling that things were pretty bleak.

having said that, Detroit has been dying for a long time. a lot longer then this current crisis.
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Post Options Post Options   Likes (0) Likes(0)   Quote Jaapie Quote  Post ReplyReply Direct Link To This Post Posted: 20 Oct 2014 at 5:28pm
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From what I remember, Detroit City Council went bankrupt a couple of years ago.

You wouldn't want to send your worst mate there - actually.....there's a thought.
"Only when the last tree has died, the last river has been poisoned and the last fish has been caught,will we realize that we cannot eat money" - 19th Century Indian Creed
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