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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (69382)12/26/2006 10:45:48 AM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
I blame them because they gave a $500k free Cap Gains pass to pick up and move to Florida and therefore started the Flipper mentality, later fueled by Greenspan. This pretty much finished off the quality of life in Florida. Even if prices retreat to half, Florida is pretty much boinked when you consider the SOH law and high taxes and insurance exacerbated by high valuations and hurricanes.