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Laing Luxury is gone. And it is in chapter 11 bk. They have shut down all thier divisions. When Dubai bought them 3 or 4 years ago they paid 1 Billion for the company. Then the market tanked and the Dubai construction firm pumed anothr $600k more before pulling the plug. They are having a hard...

http://www.examiner.com/x-9382-Marin-Republican-Examiner~y2009m5d12-CalPERS-14-retired-Marin-public-employees-receive-annual-pensions-of-100k-or-more--for-life- Paste and read more of this disgusting story. Break the Unions and slash the pensions. These guys get lifetime medical worth a...

A couple of good sources with links of what is really happening in this market. The second link is a little long but if you read it all you will be rewarded, look at the NOD numbers and it mind numbing. Very sad. He nails it because until unemployment losses stop there is no use expecting...

He is right on the money. If you are going to buy it is for a very long time like 10 years. If not you will be a knife catcher and either not get the rent you want or not be able to flip and will be another forclosure waiting to happen. People 13.2 million are unemployed and we are shedding jobs...

Processing fee- $595 Lender Fees- $900 Equals junk fees. I can see half that but you are paying 1500 to them to do the loan it should be half.

It does seem as they are pulling numbers out of the air. Perhaps they are using the trusted magic 8 ball?

LA is a complete toilet. Every time year i drive up 5 to northern California and it is the most wretched stretch of the driving along with the bad freeways, traffic and drivers. And every time there is at least 2 cars on the way broken down in the middle of the freeway. Last time i drove through...