More Problems for the Ailing Financial Sector? [View article]
"corrections" seem to overcorrect, upsiders overdo the upside, bears tend to take a swipe at everything. Again, no matter how much we say we have the facts we end up speaking through our emotions. No surprise here.
The Mortgage Crisis Brings Unexpected Neighbors [View article]
I guess if one has reached the point of no return (in a quite literal sense) then you do what you gotta do. The problem now is that I don't see a way out of that kind of situation. If one has tenants that are AT LEAST WILLING to maintain the property to a standard in that neighbourhood then by all means go at it BUT like you say it probably won't. Watch out for grow-ops and/or meth labs next.Some areas here in London, ON had precisely that happen to them because of No Doc type mortgages.
More Problems for the Ailing Financial Sector? [View article]
The Mortgage Crisis Brings Unexpected Neighbors [View article]