I have this really amusing picture of you guys cheering on the housing slump and wondering why it isn't slumping more and faster.
I know it's no fun. Angie and I are renting down in Danville, and it even took us weeks to find a suitable rental. The problem in that market is actually a glut of bad houses in poor condition that can be had for a price you'd kill for (I'm talking homes in the $15k range that would need another $15k of work). That glut makes it really difficult to justify additional decent rental development despite a healthy demand for it. It's a strange place.
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I know it's no fun. Angie and I are renting down in Danville, and it even took us weeks to find a suitable rental. The problem in that market is actually a glut of bad houses in poor condition that can be had for a price you'd kill for (I'm talking homes in the $15k range that would need another $15k of work). That glut makes it really difficult to justify additional decent rental development despite a healthy demand for it. It's a strange place.
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