Thread: Unemployed
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Old 09-23-2008, 06:54 PM
John Doe John Doe is offline
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Join Date: Jan 2006
Posts: 101
Sorry to hear of your bad luck. I hope there is something around the corner.


I went to look at foundation issues in a "9 phase" neighborhood today at two homes. I saw half a dozen sitting on 1.5-3 acre lots under construction, $1.5-$3M, 7-9K sq. feet. The ones I am investigating are both 2005 vintage and are in the $600-800K range. This, in one of the 5 "poorest" states in the country. My expert (was riding shotgun) says the building market is booming, but I have no idea where the money is coming from or who is doing the building. Mysterious times indeed.
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