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

To: John Vosilla who wrote (288056)	11/1/2010 12:24:28 PM
From: tejek	Respond to of 306849

Interesting read.....tells how a big time commercial developer tried to get into residential in a big way and fell flat on its face. Stuyvesant Town’s Lenders Take Over Property nytimes.com

To: John Vosilla who wrote (288056)	11/1/2010 4:30:30 PM
From: tejek	Respond to of 306849

'The hate is growing exponentially in this country. There is a group that doesn't want to progress. Their obstinence is threatening to tear us apart.' Threatening? We are already there. How many families also divided because of all this partisanship? The funny thing is the big increase in high cost areas was in real estate taxes during the RE bubble and massive expansion of our military industrial complex when you know who controlled everything. Someone in the South said to me the Civil War never really ended. I think they may be right.