I Got Stuck in Fair Haven on Saturday Morning
I was trying to get through Fair Haven on Saturday morning, but the George Sheehan Race was going on, so I had to maneuver through all the back streets to get to the south side of Ridge Road. In any event, I noticed “For Rent” signs on three or four different houses in the borough. Although you always see For Sale signs, I thought it kind of odd to see the for rent signs. I wonder if these rental properties are a sign of anything, or maybe they mean nothing.
One of the first “signs” I expect to see when the bubble bursts are lots of “for rent” signs on condos and townhouses when the speculators discover they can’t flip them for more than they paid.
One of the first “signs” I expect to see when the bubble bursts are lots of “for rent” signs on condos and townhouses when the speculators discover they can’t flip them for more than they paid.
1 Comments:
Fasten your seat belts - here we go!! Housing stocks down- CNBC squawking all day about the housing bubble- rentals popping up in towns that never had them before- HELOCS adjusting up! Weeeeeeee!
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