Biz news reports
That new home construction is enjoying a marked increase, however sales of existing homes stemming from mortgage defaults have not followed suit.
Its explained the Repo Homes are often products of the Sub-prime building bubble when cheap materials were used and constructed with even cheaper labor who in most cases were Illegal Aliens hired at day labor sites.
The end result is many of the Boom Boxes suffer from major defects ranging from sinking foundations to water leaks of great proportions.
My best suggestion at this time is to invest in Caterpillar Inc. as bulldozer sales may soon see a spike.
http://finance.yahoo.com/q?s=cat
Its explained the Repo Homes are often products of the Sub-prime building bubble when cheap materials were used and constructed with even cheaper labor who in most cases were Illegal Aliens hired at day labor sites.
The end result is many of the Boom Boxes suffer from major defects ranging from sinking foundations to water leaks of great proportions.
My best suggestion at this time is to invest in Caterpillar Inc. as bulldozer sales may soon see a spike.
http://finance.yahoo.com/q?s=cat
posted by Localfella at 9:59 AM
0 Comments:
Post a Comment
<< Home