2010-02-23housingdoom.com

"In some respects, this is a good thing for the residential and commercial markets. L has often told me that the homebuilders back in the '80s kept on building until the banks took away their nails- even when the recession meant there was a glut of properties on the market. Given the glut of both residential and commercial properties out there, a slowdown would be a good thing. That said, there are still worthwhile business projects out there that won't be happening due to a lack of cash."



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