This is the only house I can find around here for $200,000

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Quote from daddyeaux:

you can borrow 2 million against it and call yourself Blackstone

you mean scott & brown associates? brown being the color of the boxes :D
 
There is a whole neighborhood nearby full of such houses like this and I hear that there were a lot of subprime loans taken out on them. Some of the Bear Stearns hedge funds are full of them.
 
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