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Reply #78: I gave up noticing the home foreclosures.... [View All]

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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-19-09 12:35 PM
Response to Reply #56
78. I gave up noticing the home foreclosures....
but I have had my eye on the number of spaces for rent (mainly finding location for hubby's school). There are so places available and more becoming available by the hour. This is what I remember from our recession in the 80's. Forget getting a construction loan if you were a 'bidness'. I don't care how good your balance sheet looked and how great your business. And at that point, our local economy was hobbled and stagnated. Viable business could not expand and hire, etc. It took a long time to absorb excess office space.
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