Thursday, August 28, 2008

The Bronx is Bubbling?

The West Bronx Blog did a very good job of sizing up the fall out of the overall real estate meltdown on the Bronx.

Greg Lobo Jost's post wonders about the ill effects of equity firms buying too high in an overheated market and consequently not being unable to meet the mortgages with the rents they can charge.


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