Quote:
Originally Posted by DaddyHalbucks
A few. The hardest hit were a couple in the real estate business. He was in construction, she was a Realtor. When the housing bubble collapsed, they had too many eggs in one basket.. and got slammed. They had to short sell one of their houses in California for $350,000. Their cost was $550,000.
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I have a few friends who are in the same boat, the new construction biz here have gone right down the drain.
Real estate has started to recover here form what I have been told. My G/F dad sold his company (something to do with medical stuff) lost quite a bit with the stock market. I hope things turn around soon.