--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> Speculators May Have Accelerated Housing Downturn Rising Number of
> Defaults
> Also Could Complicate
> Effort to Help Homeowners By RUTH SIMON and MICHAEL CORKERY
> February 6, 2008; Page B8
>
This one was a no brainer.
There were many publicized ads for "investment clubs". tv gurus nad
plenty of magazine articles and ads that directed you right to the next
"pre-sale" project. The developers, brokers and bankers in many cases
were all in on it.
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