[paranoid]

gn:
If banks are in denial and not willing to “give away” their lands, particularly with the bailout money from the taxpayers, this transfer of lands from one builder to another at much lower price may not happen for quite some time. doesn’t this mean that the new house price will not go down for quite some time?

Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).

[paranoid]

Gn/pw: “After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders”

the problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?

[paranoid]

Gn/pw: “After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders”

the problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?

[paranoid]

Gn/pw: “After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders”

the problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?

[paranoid]

Gn/pw: “After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders”

the problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?

[paranoid]

Gn/pw: “After foreclosure on the builders, many of the lots in 4S will be sold at lower prices to other builders”

the problem is that almost all builders are in financial distress. who will be able to buy these lands even at lower prices? Who will be willing to Buy these lands and build before they are sure that the housing price is rising again and not sinking?

[paranoid]

next phase? what net phase? they are closing down.

[paranoid]

next phase? what net phase? they are closing down.

[paranoid]

next phase? what net phase? they are closing down.

[paranoid]

next phase? what net phase? they are closing down.

[paranoid]

next phase? what net phase? they are closing down.

[paranoid]

guess this kind of behavior rarely happens to an american, because you can always rely on a governement bailout.

[paranoid]

guess this kind of behavior rarely happens to an american, because you can always rely on a governement bailout.

[paranoid]

guess this kind of behavior rarely happens to an american, because you can always rely on a governement bailout.

[paranoid]

guess this kind of behavior rarely happens to an american, because you can always rely on a governement bailout.

[Author]

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