Wednesday, September 19, 2007

New York Magazine assesses JH real estate risk

In "Neighborhood Watch" from New York Magazine, S.Jhoanna Robledo considers subprime lending foreclosures and lis pendens for starter landlords “buying for no money down, or not much, and having a much higher mortgage payment,” in Jackson Heights a risk of 7.5 on a scale from 1 to 10; 10 being the most risky.

EMERGENT QUEENS: LONG ISLAND CITY, ASTORIA, AND JACKSON HEIGHTS
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