rentals in katy: What's New in a Troubled Market?
- 06/29/08 07:28 AM
During the 1980’s, Houston experienced an economic down spin when oil prices dropped below their staggering high of $35-per-barrel. (Can you believe that this was the high price for oil? I remain confused as to why our economy is not currently booming considering the price of oil; can somebody explain this to me, please!) Another huge factor was the collapse of the Savings and Loan industry due to inflated loans without collateral; criminal charges, filed against Savings and Loan officers, were not uncommon. This large source of mortgage loans went away over night. One of the first signs of this … (0 comments)
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