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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.95+0.1%4:00 PM EST

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To: TobagoJack who wrote (29409)2/13/2008 10:13:46 PM
From: Dr. Voodoo  Read Replies (2) of 218843
 
The only place on that list that is even in remote proximity to JOB(S) is Oxnard, and even so that is a bit of a stretch. Horton oughta lose their ass for building straw houses out in the desert. It just doesn't surprise me that places like indio and stockton are having people walk away right and left.

Granted housing sales are down in general, that post is showing just how stupid home builders and buyers alike are in california. e.g. A 50 mile commute to a $35,000 a year job looked sensible to some people...

Where this whole mess is headed, is some kind of bailout of these idiots by the local figureheads who were all in the pockets of the developers to begin with.

The scarry part of this, is... this may be where you see those infrastructure dollars go... to support these developments and keep them from becoming teardowns or blighted communities.

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