The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: X Y Zebra who wrote (33082)	6/10/2005 9:50:08 PM
From: John Vosilla	Read Replies (1) of 306849

And I guess Florida isn't really muggy? South Florida with now over eight months of endless summer has to be the muggiest place in the US. At least if you live in Houston or North Florida the muggy season lasts no more than five months <g> As for cap rates on the commercial side, you are right it is much more reasonable than residential these days though in bubble markets like Florida cap rates of 4-6% are a fool's game. Remember before the last downturn cap rates at even 9 or 10% were a recipe for disaster once the construction boom died, tenants bailed, vacancy rates skyrocketed and credit was tightened.

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