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February 21, 2017

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longtimevegasres

Joined
May 12, 2009

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Total Comments: 95 (view all)

Come on people...Dickensheets father never went through a recession at this grand scale. Never before has the consumer been forced out of their homes due to new loan products and deregulation. Moral?...who judges that? Dickensheet's father?..hardly.
The banks made this bubble and were giving MULTIPLE loans to unqualified people with the new "stated income" products and created a feeding frenzy for new homes resulting in a rapid "appreciation".
Morallity as described by the author = continue to be stupid.

I would recommend that people be smart and not be swayed by the thoughts of no-named comments on the Sun.

Good luck out there...be smart and look out for yourselves...not the banks as they don't give a Sh_T about you.

(Suggest removal) 1/21/11 at 10:38 a.m.

This article IS important because the developer was an elected official. Schneider made $400k on a bad land deal. He didn't "lose" money as Schneider states in the article....he made money. NEVER was his property worth $7.5M ($1.5M per acre or $35 psf as Schneider states). That is an outright LIE. The bigger issue is that he did not disclose his involvement and is lieing about the value of land. If the site is 5 acres, then the LLC paid him $9.18 psf for a horrible piece of dirt bordering the East end of Hendertucky (if you don't believe me..go drive it yourself). 20 acres on S. Jones and the 215, ON THE BELTWAY..sold for under $6 psf recently. Not the North Beltway....SOUTH Jones..Near the epicenter of Vegas. You tell me that $9.18 psf near the railroad tracks and bread manufacturing company isn't overpaying?

The more he talks, the deeper he digs himself into a hole. Although I am not sure if this is against the law, I am sure that this is unethical. Unfortunately, I see this as bad land deal disguised as filling a public need. I really don't feel that many seniors will populate this location with very limited services in the area. As such, this project will fail and the only person to benefit will be Schneider feeding off of the stimulous money that he figured out how to swindle.

(Suggest removal) 12/14/10 at 6:54 p.m.

girlygirl: Probably a bit too soon to start cracking jokes. Keep in mind, a 15 year old girl was brutally killed less than 48 hours ago.

(Suggest removal) 12/7/10 at 5:31 p.m.

He went to Basic High School. His buddies called him 2% because of his light complexion. Very sad to hear he took the life of a 15 year old girl.

(Suggest removal) 12/7/10 at 2:19 p.m.

(view all 95)

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