“Were all these people stupid?”
Monday, March 3rd, 2008Making Money Online wrote an interesting post today on
Here’s a quick excerpt
“Were all these people stupid?”
From the Sacramento Bee:Take $2 billion away from Sacramento’s homeowners â?? money they could be spending on cars or plasma TVs or kitchen cabinets â?? and you begin to understand what the housing slump is doing to the region’s economy. The impact of the real estate downturn goes far beyond the tho…
Read the full post from SACRAMENTO LAND(ING)
Tags: Economy, Predictions, Layoffs, Incentives, Foreclosures, Sacramento Housing Market, Elk Grove Housing Market, San Joaquin-Stockton Housing Market
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Read the rest of this great post here