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: Giordano Bruno who wrote (87363)	8/28/2007 9:49:20 AM
From: Perspective	Read Replies (1) of 306849

Florida munis: I was looking at VFL. I guess the situation is bad enough in Florida that people are selling the Florida munis now? What is the real potential for muni defaults? I know the flow is going to get pretty tight with falling assessments, but doesn't it take a pretty extreme and sudden dropoff to generate a municipal default? BC

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