In the big picture it may make sense but wow, what a strange story. Who knows how many of the millions of empty homes will meet the same ending. CNBC:
So this is what it has come to.Video inside the CNBC story is click here.
A bank in Texas is bulldozing four brand new homes and twelve nearly finished homes in Victorville city, California, about 85 miles northeast of Los Angeles. Guaranty Bank of Austin acquired the homes in foreclosure and is destroying them, reportedly, to provide a "safe environment" for the neighbors.
Check out a local guy who posted the amazing video. He says the builder was being fined daily for the homes, but if they were already in foreclosure, then the builder should be out of the picture. Anyway, check it out.
