Where have all the home owners gone?
Long time passing.
Where have all the people gone?
Long time passing.
Defaulted and disappeared every one.
When will they ever learn?
When will they ever learn?
Where have all the home owners gone?
Where have all the people gone?
Where? Where? Where? Where?
I sit in Las Vegas and look at the vacant foreclosures and have to ask where have all the people gone? We have one zip code, North Las Vegas that is said to have more foreclosures than any other zip code in the country and yet the population continues to grow!
Every one claims to know the cause of the problem, it's every one else! Every one has a solution, more government control for every one else! The government has solutions, more law, more taxes, more subsidies, more dependancies!
But no one has studied the problem. No one wants to know what happened or why! No one can tell us where have all the people gone?
May be in the East and Midwest some have returned to live in their parents basements, but we have few basements in the South and West. What happens when elderly parents have more than one deadbeat? Where have all the home owners gone?
I've yet to encounter or read about REALTORS or lenders dealing with new former home owners. So, please, tell me where have all the people gone?
Bill
William J Archambault Jr
The real Estate Investment Institute
My apologies to Pete Seeger.
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