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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: shades who wrote (42847)	12/15/2005 3:51:22 PM
From: John Vosilla	Read Replies (4) of 116555

Ousted renters face crisis as hurricane hastens switch to condos By Jamie Malernee Staff Writer Posted December 15 2005 OAKLAND PARK -- Hurricane Wilma started the job. Now South Florida's pricey real estate market could finish it. Residents of a run-down apartment complex trashed by Wilma say they could be rendered homeless by plans to repair and spruce up the units to turn them into condos. George Torres, 53, a Sunshine Dixie Apartments resident, said he heard the units could go for $200,000 -- far more than he could afford on his disability checks. "I guess they want to get rid of the poor," he said. sun-sentinel.com

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