i am not that pessimistic

回答: 房价会萎缩noso2009-03-23 08:43:13

a judge can't push a house project in the high-end community. why? because the land is own by private sector.

what a judge can do is to force bank and owner to negotiate a reasonable deal. then again, if the owner can't make the payment, he is going to default again no matter what. by the end of day, he will be on the chopping block again.

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be real, I am not making this up -noso- 给 noso 发送悄悄话 noso 的博客首页 (125 bytes) () 03/23/2009 postreply 09:01:21

give me a link -用户名被占用了- 给 用户名被占用了 发送悄悄话 用户名被占用了 的博客首页 (0 bytes) () 03/23/2009 postreply 09:02:25

go ask around -noso- 给 noso 发送悄悄话 noso 的博客首页 (24 bytes) () 03/23/2009 postreply 09:03:28

i can't. NY RE market actually increased by 2% last year. 2009 m -用户名被占用了- 给 用户名被占用了 发送悄悄话 用户名被占用了 的博客首页 (0 bytes) () 03/23/2009 postreply 09:07:54

NY,NY is different, but here -noso- 给 noso 发送悄悄话 noso 的博客首页 (1911 bytes) () 03/23/2009 postreply 09:12:53

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