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Non-Cattle Specific Topics
Coffee Shop
Mortgage Bailout ?
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<blockquote data-quote="Lammie" data-source="post: 564451" data-attributes="member: 3306"><p>TB, I meant in the way we allowed it to happen right under our noses. My parents had a friend who was a bank examiner back in the eighties and he told my parents it was about to happen. The price of condos shot up like the price of houses did in the past few years. People were rushing to invest in them only to get stuck with something they could not afford and could not unload. Remember those condos along I 30 at Lake Ray Hubbard? Did those ever get finished? I don't get out there. Really, I hate driving in Dallas and it takes a pretty darned compelling reason to get me to do it.</p></blockquote><p></p>
[QUOTE="Lammie, post: 564451, member: 3306"] TB, I meant in the way we allowed it to happen right under our noses. My parents had a friend who was a bank examiner back in the eighties and he told my parents it was about to happen. The price of condos shot up like the price of houses did in the past few years. People were rushing to invest in them only to get stuck with something they could not afford and could not unload. Remember those condos along I 30 at Lake Ray Hubbard? Did those ever get finished? I don't get out there. Really, I hate driving in Dallas and it takes a pretty darned compelling reason to get me to do it. [/QUOTE]
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