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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: piggington who wrote (35923)	7/14/2005 1:31:35 AM
From: John Vosilla	Read Replies (1) of 110194

Professor, where I live in Southern Florida the new high end condos that were CO'd 6-12 months ago are still perhaps 80% vacant as best I can tell. Yet few appear for sale or even for rent. I bet there are a ton of speculators holding either to get around 1 year no flip clauses or riding the appreciation wave on a new never lived in unit that would fetch a big premium. It is very possible that inventory levels could spike up rather dramatically in areas with a ton of speculators creating the catalyst many here are expecting.

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