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The Real Estate Collapse has taken a lot of players to the sidelines along with their empty pockets. Note that Buffett has been very busy lately. NOTE: - I c
by rfreytag 16y ago
The Real Estate Collapse has taken a lot of players to the sidelines along with their empty pockets. Note that Buffett has been very busy lately.
NOTE:
- I could not find specific dates for the California Real Estate Crash (coupled to DoD funding cutbacks, maybe early 90's?). I remember finding entire high-end strip malls empty in La Jolla, CA.
- Also forgot to mention the Texas Oil and Real Estate Bust - mid 80's (I met a realor from TX who was doing foreclosures back then that told me in 2005 that it wasn't going to happen again: http://books.google.com/books?id=http://books.google.com/books?id=DaIEl3w5EbMC&lpg=PA29&ots=L2ATVbIx3G&dq=texas%20real%20estate%20and%20oil%20crash&pg=PA29#v=onepage&q=texas%20real%20estate%20and%20oil%20crash&f=false http://books.google.com/books?id=http://books.google.com/boo...)
- Enron Scandal of 2001 (tied to Dot Com collapse, see: http://en.wikipedia.org/wiki/Enron_scandal http://en.wikipedia.org/wiki/Enron_scandal)