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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: muzosi who wrote (428757)10/20/2008 10:42:49 PM
From: Jim McMannis  Read Replies (3) | Respond to of 1570103
 
RE:"with more than half of the increase being foreclosure resales, someone is certainly making money. this is a really good scam, almost as good as the bridge one. sell people property at very high prices you know they can't afford, then buy it back at fire-sale prices later. good job if you can get it."

SO who do you think is making the money?



To: muzosi who wrote (428757)10/20/2008 11:39:13 PM
From: tejek  Respond to of 1570103
 
September home sales up 65% from last year in Southern California

with more than half of the increase being foreclosure resales, someone is certainly making money. this is a really good scam, almost as good as the bridge one. sell people property at very high prices you know they can't afford, then buy it back at fire-sale prices later. good job if you can get it.

Kind of like the stock market.....don't you think? Buy low; sell high.


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