Land Is A Liability In California

The North County Times reports from California. “Homeowners in the new Shady Grove subdivision said Friday they were concerned that their upscale houses will plummet in value if the developer of the neighborhood is allowed to shrink the size of most of the homes that are still in the planning stages. Meanwhile, real estate industry analysts said the decision by KB Home to downsize the Shady Grove houses is just the latest example of a regional trend.”
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Original Source: thehousingbubbleblog.com

  29 March, 2008| housingblogs | @ 20:30

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