The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: Travis_Bickle	10/2/2011 1:15:15 PM
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The lakefront home on Crown Point in Wellington once was leased to the polo set as a seasonal rental for the well-heeled followers of the sport of kings.With fewer pony-loving transients arriving during the economic slump, the nearly 3,000-square-foot home is now being marketed to tenants whose heels are more humble - those with Section 8 housing vouchers from the government. The housing bust has been a boon for low-income families who receive the federal rental subsidy as a glut of homes - sometimes with pools, sometimes in gated communities - weighs heavily on the market. palmbeachpost.com How do I feel about these people enjoying a better standard of living than I do?

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