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

To: Lizzie Tudor who wrote (37826)	8/13/2005 5:09:56 PM
From: Tradelite	Respond to of 306849

I don't know how to read it either, but I can tell you from direct visual observation that there are MANY vacant buildings and houses in the states of North Carolina, South Carolina, and Georgia. These range from long-defunct gas stations that probably prospered during the 1950s, to empty buildings which somehow dropped out of the path of development, to empty tobacco warehouses and farm sheds which no farmer has found the time to tear down on his many acres of property (and why bother?), to empty, abandoned, ramshackle houses that have a shiny new mobile home parked in front of them--the family traded up, right in their own front yard. None of this has anything to do with vacant properties in the major cities of the U.S., where land is scarce and any patch is considered buildable, rentable, flippable, renovatable. <<gg>>