Happy Days Are Here Again…for Condo Buyers
March 22, 2008
Same for renters, though the War Street Journal doesn’t see it that way. Want a lower price, as in the rest of capitalism? Then, according to the commie lingo of the neocon daily, you are a “vulture”:
“Vulture buyers have started to circle, hoping to take advantage of foreclosed properties that banks may start dumping at fire-sale prices. Also, some condos are being converted to rental units, increasing supply for renters and putting downward pressure on prices.” (Thanks to Tom Lombardi.)
The Best of Llewellyn H. Rockwell, Jr.
Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.
Keep Hope Alive