Documentary on the foreclosure bust epicenter Lehigh Acres FL

My dads a plumber and I assist him about 2 times a week out in the field

its amazing the cheap equipment that developers used to put together these homes and condos in recent years.

replacing shower pans because no liner was used at all, after a couple years of use it starts to leak. costs the new homeowner $2500 cash for us to come in and fix.

...keeps my dad busy.
 


Hey Guys try living in Vancouver. Housing priced dropped 20% when they crash happened and is already up above what it was when it crashed.

Check this out. Crack Shack or Mansion?

Sad thing is I recognize some of those places.

I also advise doing the part 2 version as well. Take note on the plants in the back yard of I think picture 6 or 7.

Let me know how you did too!
 
As a wise man once said, "When there's blood on the streets - buy property."

Mark my words, some people are going to make an absolute killing in property over the recovery.


Insomniac said:
But at least you get a shed ;)

The Australian market is due to crash. I'm amazed it hasn't happened yet.
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I'm not so sure of that. A couple of unique factors (mining boom, low unemployment rate, high immigration rate) mean I think there might be a while to run on the Australian property market.

Interestingly, AMP (I think) put out a report on the historical growth of property and equities for like the last 100 years (in Australia) - and they found that the return on both was exactly the same, 11.5% p/a.
 
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