Massive Foreclosure auction – Piggington's Econo-Almanac

This topic has 2 replies, 3 voices, and was last updated 17 years, 2 months ago by kewp.

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September 11, 2007 at 3:08 PM #10247

XBoxBoy
Participant

How much longer before we see something like this in San Diego???

http://money.cnn.com/2007/09/10/real_estate/biggest_motown_auction/index.htm?postversion=2007091117

September 11, 2007 at 6:13 PM #84209

Diego Mamani
Participant

How much longer? As soon as the Navy, UCSD, Sharp Health Care, and Qualcomm close shop and lay everybody off.

[/good natured sarcasm off]

September 11, 2007 at 9:02 PM #84223

kewp
Participant

Why? Everyone making under a 100k at those places (the vast majority) can’t afford a mortgage here anyway.
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