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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Colin H who wrote (31004)4/20/2005 7:21:51 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 110194
 
<<It's just so strange having all these 3/4 of million $ brand spankin new condos sitting there, empty. Not even listed.

Meanwhile, on the local news the other night, they were wondering about all the homeless the city was about to dump onto the streets as they close the winter shelters.>>

HO HO HO, prefabricated squatters!<G>



To: Colin H who wrote (31004)4/20/2005 11:27:53 PM
From: John Vosilla  Respond to of 110194
 
I'm seeing the same thing in the South Florida feeding frenzy. Amazing to look at so many dark units a year or more after CO'd and only a handful are for sale in MLS. Just amazing to have local government in these bubble markets so desperate to support all these high end projects in the singular focus of pumping up tax revenues meanwhile squeezing out what little product of affordable housing was still left. These downtowns are going to be a mess.


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