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Economic Collapse High End Homes

by adb024 (Subscribe)

Posted on: Feb 5, 2010 at 8:52 PM PST

Channel: On the Scene

Location: Springfield Thurston Oregon Lane County Eugene

Tags:

Economic Collapse Eugene Springfield Thurston Oregon bank owned foreclosure bankruptcy Lane County Communism socialism

Aaron travels to Thurston Oregon a suburb of Springfield Oregon near Eugene Oregon to look at the economic collapse. Aaron takes a look at a newer housing development with homes ranging in price from $300,000 to 700,000. Aaron finds many homes for sale and empty. Many of the houses have signs in the window stating they are owned by the bank.

Eric says ...

On Sunday, Feb 21 at 1:13 PM

Commenter

How do you know the city built the roads? Im quite sure the developer is the one that paid and built them.

Jeff says ...

On Friday, Feb 26 at 8:40 PM

Commenter

When Covenant Condition Restriction are in forced in this area you can only build houses in that price rage you are not going to sell that may houses these days!

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