Tuesday, May 05, 2009
Only in America, or could it happen here? Perhaps to new build city centre flats?
Wall St Journal: No Sale: Bank Wrecks New Houses
A Texas bank is about done demolishing 16 new and partially built houses acquired in Southern California through foreclosure, figuring it was better to knock them down than to try selling them in the depressed housing market.
Posted by xbz @ 11:53 PM (285 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. crunchy said...
Whenever little john got kicked he would always run away crying, holding the ball and miss the match. Little did little John know, but the team always had a brand new spare ball to fall back on and that the team played better without him.
Own goal!