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A Subprime Loan For California

The North County Times reports from California. “Residents in a neighborhood on the southeast border of the city said last week a financial agreement between a wireless company and several homeowners could drive down area property values. Not only will an ‘unsightly’ cell phone tower depress home values, but the Hillegeists devalued property values for the entire neighborhood when they sold their home for more than 20 percent less than what area homes were selling for at the time, said June Rady, a Park Hill Lane resident.”

Original Source: thehousingbubbleblog.com


  6 May, 2008| housingblogs | @ 23:54

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