reply to post by grover
I agree completely. I just wanted to point out that the number of million + $$ homes in foreclosure was 20% of the total. Personaly, I find it odd
since, as has been pointed out, many of the homes that fill out the hamptons are worth more than a million. One of the issues the locals on the east
end have is that their homes, which have been in their families for generations, are worth small fortunes so they sell out. Many of the farms out
east have been sold to developers because cashing in is far more lucrative than plowing the fields and picking corn year in and year out.
The list you took from the article just seems to be examples of people suffering the same fate but not necessarily included in the 120 homes on the
list. one wasn't even a home but, rather, a parcel of land.
