Golf Course Communities...Builders Yelling Fore!
Are the builders' expectations WAY too high? Gettysvue, Bridgemore, etc....the builders reduce prices by a piddly 3% to stimulate demand (yeah, right)...while the secondary home market and price of unimproved lots paints a totally different story....with prices down more dramatically.
Before I leave this planet, I'd like to know why I can lose 40% on a bad investment...but builders broadcast "what they have into a house" because...for some strange reason...they are entitled to get out even!? I can't get out my voilin for these people because the cycle has turned against them....sorry 'bout that.
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