Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
... the reason that there are returns to be had from foreclosure auctions is because of the demand versus the supply. In areas where the demand for used homes has been pushed down into the inelastic range, dumping more homes onto the market will reduce the total revenue extracted from home buyers.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Fri Jun 19th, 2009 at 01:30:51 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

DUP decline continues

by Frank Schnittger - Aug 29
16 comments

Islamic State Khorasan Province

by Oui - Aug 24
84 comments

The American Dream

by Oui - Aug 22
29 comments

Occasional Series