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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim McMannis who wrote (29750)3/31/2005 10:45:13 AM
From: John Vosilla  Read Replies (2) of 110194
 
Boomers cashing in their chips and wealthy foreigners seem to be the difference, while the lack of buildable land in South Florida has contributed to excess appreciation. Orlando has been growing dramatically and appreciating at a lower rate as it has tons of land. Houston and Dallas also have an explosion in population with a huge hispanic influx but with tons of cheap buildable land and without the wealthy boomers and foreigners coming into those areas has no appreciation or the same wealth multiplier effect.
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