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Loan Modification

: Mortgage Lender Implode-o-Meter

`Zombie' Hotels Arise in Ireland as Recession Empties Rooms

By Implode-Explode Heavy Industries

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"At least 200 hotels opened during Ireland?s decade-long economic boom, leaving a glut of rooms and mountain of debt as the number of visitors dwindles. While some establishments cut their losses and shut, others are lowering prices to stay in business and avoid repaying tax breaks if they were to close."

Full post as published by Mortgage Lender Implode-o-Meter on August 31, 2010 (boomark / email).

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