Funny Pix

Joke Sites




New Orleans First to Experience Housing Bubble Burst

Are we starting to see the Housing Bubble Burst in the wake of Hurricane Katrina? In New Orleans many homeowner's had their equity literally washed away. They are upside down in negative equity and basically underwater. It appears that the New Orleans Housing marker has gone down the drain. New Orleans experienced significant growth in the past year, prices had increased; many had taken out second loans to pay off credit car debt, which helped fuel the economy there. Relatively few need their credit cards for recent shopping sprees, as they just broke in with a little help from their friends and took those few items they needed for survival.

You know like a; Surround-A-Sound System, with HDTV, 64" Flat Panel Display to watch your favorite local team the Saints.Yes the market is flooded with homes for sale in the City New Orleans indeed. Some of these fine homes are not only very cheap now, but they come with the former residents still inside.

The local economic development association director issues a recent statement that he and his staff are very optimistic about the future of the New Orleans real estate and that they do not see a dry period in the housing market there. In addition they indicated that New Orleans has a lot going for it; water rates are cheap with an abundant supply and sewage is not a problem also quite abundant. But that is not all.

They touted their many shopping districts with rock bottom prices, so low in fact it was almost like stealing and the city at this point is not even charging sales tax, almost like a duty free shopping spree. Crime and community services are also not a problem and are both abundant and non-existent. Transportation is not a problem there is virtually no traffic at all. Think about the New Orleans housing market, get in on the ground floor while prices are cheap.

."Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.


By: Lance Winslow


Ebony and Greenery - Bell had followed him home.

Restaurant Manager Gives Out Sexual Favors As Performance Bonus Raise - While many restaurant workers worry and sweat in anticipation of an imminent job-related performance review, employees at Applebee's in Westland have adopted an entirely different attitude toward the employment evaluation process.

No More Oreos Tell Me it isnt True - Another good citizen comes to the aid of the uninformed public.

How To Have An Argument With Yourself And Win - Throughout the years, I'm happy to report, I have learned a thing or two about myself.

Im Not A Christian But I Play One On Sunday - After more than three decades of church ministry, I have come to one unsettling conclusion.


© Copyright kurac-palac.com All rights reserved.
Unauthorized duplication in part or whole strictly prohibited by international copyright law.