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Check out this video on Canadians swooping into housing crash and foreclosure-central Phoenix Arizona to pick the meat off the bones

It probably looks tempting for the maple-syrup-eaters flocking in Phoenix. All those half-off deals, the sea of foreclosures, the ruined families to take advantage of, the thousands and thousands of bank-owned debt-traps. But it’s still not close to the bottom. Not even close. It’s the P/E stupid. It’ll always be the P/E stupid….
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  30 April, 2008| housingblogs | @ 21:55

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