Ground zero - The foreclosure capital of America

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  • xmas13
    Confirmed User
    • Dec 2004
    • 5176
    #1

    Ground zero - The foreclosure capital of America

    Holy crap

    In this city of 280,000, 2 out of every 3 houses on the market are being sold under distress.
    Stockton, CA.

    http://60minutes.yahoo.com/segment/1...prime_meltdown
    ICQ 557504926
    Tags: None
    • 96ukssob
      So Fucking Banananananas
      • Mar 2003
      • 12991
      #2
      Originally posted by xmas13
      Holy crap



      Stockton, CA.

      http://60minutes.yahoo.com/segment/1...prime_meltdown
      i heard the northern cali area is fucked. same for a lot of people around LA. they got into these expensive ass houses with an interest only loan for 5 years. once it comes time to pay the prinicpal they are screwed
      Email: Clicky on Me

        Comment

        • PR_Sebas
          Confirmed User
          • Dec 2006
          • 2825
          #3
          i actually just watched all those 60 mins clips earlier, really crazy how it went down... funny that the lendors thought it would never stop

            Comment

            • Fat Panda
              Porn is Dead. Move along.
              • Aug 2006
              • 13296
              #4
              saw that video segment...thats fucking nuts

                Comment

                • SkeetSkeet
                  Confirmed User
                  • Oct 2005
                  • 5404
                  #5
                  yeah watched that last night ... that was scary ... they actually offer a tour of houses in foreclosure for buyers

                  ICQ 283633188

                    Comment

                    • Phoenix
                      BACON BACON BACON
                      • Nov 2002
                      • 35475
                      #6
                      someone will buy up the distressed properties..get the zoning changed and make a fortune
                      Telegram PhoenixBrad
                      https://quantads.io

                        Comment

                        • L-Pink
                          working on my tan
                          • Mar 2005
                          • 39151
                          #7
                          Equally fucked are the one out of three that are surrounded by this mess.

                            Comment

                            • CheneyRumsfeld
                              Confirmed User
                              • Sep 2004
                              • 1341
                              #8
                              if you buy it make sure you can pay for it.
                              its not rocket science.

                                Comment

                                • crockett
                                  in a van by the river
                                  • May 2003
                                  • 76818
                                  #9
                                  Originally posted by CheneyRumsfeld
                                  if you buy it make sure you can pay for it.
                                  its not rocket science.
                                  That sounds quite ironic coming from a nick named "Cheney Rumsfeld"
                                  In November, you can vote for America's next president or its first dictator.

                                    Comment

                                    • DaddyHalbucks
                                      A freakin' legend!
                                      • Feb 2004
                                      • 18975
                                      #10
                                      Wow, time to swoop in and buy some dirt!
                                      Boner Money

                                        Comment

                                        • Fap
                                          Just Du It
                                          • Feb 2004
                                          • 12094
                                          #11
                                          What are you guys waiting for, buy em out! Cheap realestate

                                            Comment

                                            • PornMogul
                                              Confirmed User
                                              • May 2007
                                              • 1495
                                              #12
                                              Thats my plan banthis!

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