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Explain to Koy using small words: housing and mortgages
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01-02-2008, 01:55 AM
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PrettyFifa12
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Originally posted by BlackCat
Three years are a very short period, especially now. The fact that they can't sell empty units makes me even more nervous if it's only for 3-5 five years. Yeah, it's made me a bit nervous too. I'm guessing the big problem is that, since they were originally intended as rentals for grad students, there's not enough space for a family that would want to buy. The bigger units went fairly quickly, but students don't want to buy and tend to get out of town as fast as possible after graduating.
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