Posted on August 27, 2009 - by admin
Average Cost of a Foreclosure $20,000 to Local Government
One of the consequences of building a business model on the assumption of perpetually rising housing prices is that, when those values stop rising and actually begin falling, it becomes increasingly difficult to stay in operations at the previous bubble level.
The rest is here:
Average Cost of a Foreclosure $20,000 to Local Government
This entry was posted on Thursday, August 27th, 2009 at 05:12 and is filed under Property Markets. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
