Wednesday, June 13, 2007

House Hunting


Some here in the 775 are predicting a recession because of the downturn in people buying houses and the shit the subprime lenders have gotten themselves (and us) into. But the slowdown in the housing market mostly affects those in the real estate business. The crisis with subprime lenders affects those who took out loans to buy a house and now can’t afford the payments. But the only think that’ll affect Reno’s economy is our ability to lure people to the area who think slot machine and excitement belong in the same sentence.
(8.-)