A Product For Which There Is No Market
It’s Friday desk clearing time for this blogger. “Spanish Trail, one of Las Vegas’ most affluent gated communities, is starting to feel the pinch of the recession. Some residents are outraged that Spanish Trail association directors have started a $4.1 million remake of the landscaping and plan to collect a $3,350 special assessment from each homeowner over the next two years to pay for it. Alex Forgette, a retired California lawyer, said he would like to buy a new Mercedes but is driving a 4-year-old Lexus because of the hard times. ‘The economic downturn has hit Spanish Trail …
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