I drove past several new developments in the Ponchatoula area. This is about 45 miles West of Slidell where I live. I guess there were forty to fifty houses all together. I believe only three didn't have for sale signs. There were also some developments that only had roads and nothing else. I blame the housing problem on the developers and the ones who loaned the money. It is going to take a long time for this inventory to be bought by buyers.
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