The look of no-C Ray Nagin’s market-based recovery
Posted by schroeder915 on January 15, 2007
Fortunately for those who have to dump their houses on the cheap — before they’re foreclosed — because they couldn’t wait a year and a half for federal assistance, or they lost their jobs, or they couldn’t get out of the trap of paying a mortgage on a house they can’t live in while paying to live somewhere else — well, you know, sometimes the market just doesn’t go your way, man, and as the mayor says, you have to make the right decision — fortunately, for those poor souls, there are good people out there who want to help. One man’s dirt is another man’s gold.
Ahem … of course, since he’s never disclosed what the purpose of that real estate investment venture is, I might be excused for mistaking no-C Ray Nagin as that benificent one who’s now, ironically, finally rescuing people from their flooded homes.