The biggest foreclosure blunder in US home history?
The City Center, a $9.2 billion condominium/hotel development on the Las Vegas strip sure has all the signs. Overall, Las Vegas real estate in dire straits - home prices fell nearly 40%. The $2 billion Cosmopolitan hotel development is in default and the $6 billion Las Vegas Plaza is being delayed. But the City Center, which is the largest privately financed development in the history of the United States is going forward.
I could never understand why people want to live in this desert hole, located mere 65 miles south-east from Nevada Test Site. You know, the one where between 1951 and 1992, there were a total of 928 announced nuclear tests. But then again, I can't understand many things ...
Mon Jul 21, 2008 03:07PM by Tony | More in Economy | Comments (0)
Recent Entries
- How to increase credit card limit
- Does credit check lower your credit score?
- Visa Black Card benefits, fees
- How to reduce taxes legally - tax reduction strategies
- Follow up dispute letter to credit bureaus
- Gold investment forecast - predictions for higher prices
- Discover Card rewards, fees, interest rates
- How to lower your taxes
- Increase credit score 100 points
- Prepaid credit cards to rebuild credit
Categories
- Announcements
- Credit Bureaus
- Credit Repair
- Debt Relief
- Economy
- Gold Investing
- Insurance
- Mortgage
- Personal Finance
- Stocks
- Student Loans
- Taxes
