The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (172700)	12/19/2008 9:24:43 PM
From: Broken_Clock	Read Replies (2) of 306849

You want some Phoenix RE news? -g- Just got off the phone with a major apt unit owner and he told me his developer buddy in Phoenix just walked today from a huge project there. Walked after sinking $500,000,000 into it and it needed an additional $250,000,000. Threw in the towell. He said, "What are you gonna do?" "Travel around the world for 3 years and see what it looks like then."

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