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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: SouthFloridaGuy who wrote (32980)6/9/2005 10:19:15 AM
From: John VosillaRead Replies (4) of 306849
 
I checked out several new condo developments in Ft Lauderdale and further north. I would say the vacancy rate is at least 70-75% even though the buildings have been completed a while back. Stranger still is few are listed for sale or rent so it appears many flippers are keeping the units 'dark' and expect to all quietly bail after further expected appreciation <g>
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