Bank Decides to Demolish New Homes

|

Guaranty Bank of Austin, Texas, is demolishing 16 houses at a housing development that it acquired through a foreclosure action. The bank figured it was more cost effective to wreck the houses than try to finish and sell them. WSJ's Michael Corkery reports.

Comment
Show commentsHide Comments

Latest Markets Videos

Search Stock Quotes
Markets
Commodity Prices
Video Archives
Partner Videos