From: Dorsey
Newsgroups: misc.invest.real-estate alt.invest.real-estate
Subject: The upside to the downturn
Date: Fri, 23 Nov 2007 23:17:20 +0100
Mail-To-News-Contact: abuse@dizum.com
Bytes: 1279
"It's not the best time to be selling a house in much of the country.
But increasingly, it's a good time to build or renovate one.
"The housing slump has pushed down prices on everything from lumber and
drywall to labor and design fees. Legions of carpenters, tile layers
and landscapers are idle. Architects are taking on small renovation
projects they once would have sniffed at and contractors are offering
their services at a discount. Some people in the building trades are
even posting fliers at construction sites to drum up business..."
Wall Street Journal article: http://xrl.us/bbn7a
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