I can relate to this "California" man all too well right now. I appreciate his attitude and outlook. We have taken the same approach to the downturn and its impact on our properties.
California man losing nine homes in mortgage mess U.S. Reuters: "A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market.
Shawn Forgaard, a 37-year-old software company project manager, bought one home for his family to live in and nine more as investments. He stands to lose all the investment houses in the mortgage meltdown but says he has come away wiser from the experience."
Fertility and financial risk-taking
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