Results coming in on government by FIRE
Posted by Anonymous (not verified) on Monday, 4 June 2007The decisions that have created the enormous mess in real estate in the north San Joaquin Valley were made by corrupt local land-use authorities, corrupt state and federal regulatory agencies, with state and federal politicians working the backrooms, all for the benefit of finance, insurance and real estate.
“This year, we’re going to see prices drop in every market across the country for the first time since the Great Depression,” said Steven Smith, a property appraiser and consultant from San Bernardino. -- Modesto Bee, June 3, 2007.