July 22, 2009

‘Flip this house’ cost us all

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The Sarasota Herald-Tribune has taken a look at the billions that corrupt house flipping schemes during the housing boom may have cost that state’s residents and the nation’s financial system.  This is not a Western story per se, but there is no reason to think that Florida is all that different from places like Arizona, Nevada and California that have seen major housing market “corrections.”

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