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Ruhe's avatar

I think the answer is that the losses are mostly taken by condo unit buyers, contractors and other little people. Any apparent losses taken by "people of means" may be more strategic than real.

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Nigel R. Toppinglift, III's avatar

Reminds me of something I saw on FB a while back: "My neighbor was knocking on my door at 2:30am. 2:30am! Can you believe it? Fortunately, I was still up, playing my bagpipes..."

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