Ouch! I’d expect very damaging results to NOT a community~But to the World Market. This is a consult!
In 2008, America demonstrated to the world what a housing bubble exuberance is like. It leads to a blood bath. When grandma’s with zero income are offered financing to buy over inflated properties, the signs are clear to head for the hills. But greed invariably wins. Housing bubbles are nothing new. Japan suffered a massive crash 2 decades ago and has not recovered since. Will America be any different? Question is who is next?
View original post 308 more words