Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (27633)	3/2/2005 9:17:34 AM
From: kailuabruddah	Read Replies (1) \| Respond to of 306849

Very true... Clearly a sign of the Malinvestments being made in our credit bubble... I talked to someone the other day about the situation in Orange Beach, Alabama... He said (as you'd expect) the "investors" he knows have gotten zip in vacation rental income since the September hurricane hit... plus, many new condo owners are now looking at $25K to $30K in special assessments to cover rebuilding costs... So this area may be amongst the first shoes to drop... gulf-shores-alabama-condo-rentals.com We have mailed a letter summarizing the results of the board meeting and included the individual invoices for the special assessment.