Home › Forums › Financial Markets/Economics › Poway School Bonds › ocrenter wrote:This is
[quote=ocrenter]This is essentially setting up the district for almost certain BK.
so sdr or SDR, what’s the property value implication on homes in a school district planning on filing for BK in 20 years?[/quote]
Nothing. Because it just means in 20 years, the bond holders get shafted, and the Poway School District gets a fresh clean slate….Kinda like…
Orange County….Last time I checked. Orange County property value is still pretty pricey.
I guess the lesson to be learned here…Avoid muni bonds?????