--- In AsburyPark@yahoogroups.com, [EMAIL PROTECTED] wrote: > > > Booms are great, until the hangover. Mr. Drejzaâs conclusion is that Levitt > got âcaught up in the madness,â buying too much land for too many new > developments for too much money.
Developers develop. Most are like drug addicts. Give them free access to drugs and they will do them. Give cheap financing to developers and require little equity (and even that is borrowed) and they will develop regardless of demand. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/