Friday, May 16, 2008

Housing Crisis

What is going on in Southern California with the housing crisis. It seems everyday there is a new story about the epidemic in this region. It is sad to see the people that were taken advantaged of by their lenders and bittersweet if they new better. What contributes most to this epidemic sleazy lenders that were trying to make an extra buck or the homeowners that may have champagne taste on a beer budget?

1 comment:

Dr. Mary Ann Pearson said...

It is sad because renting is so expensive too--what are they going to do?