Thursday, August 05, 2010

California consumers carry massive debt loads into bankruptcy | California Watch

California consumers carry massive debt loads into bankruptcy | California Watch
Fred Pilot says that if you look at this map you will see where the heaviest debt loads are: Privatopia. All the Sun Belt states where people have been buying into gated communities and condos.

2 comments:

Anonymous said...

The Sun Belt may soon like like a scene out of "The Book of Eli" if it keeps going like this.

Anonymous said...

Correction...
All the places where local government has imposed HOA corporations on real estate. "Choice" hasn't existed for quite some time.