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

To: Jim McMannis who wrote (69387)	12/26/2006 10:56:35 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Too many looked at skyrocketing property values here as a good thing a year or two ago.. Now they need to open the floodgates even more from points south to fill up all those empty properties.. The boomer demographic seems to have slowed down dramatically.. 'No hablo engles' more and more common.

To: Jim McMannis who wrote (69387)	12/26/2006 8:09:41 PM
From: Tradelite	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.>> If you think the quality of life in Florida has changed, you should have lived out most of your entire life in my part of the country. If I could blame anyone for this change as easily as you seem to, it would be very convenient. Hello, friend.....the earth is getting crowded, everywhere, whether you believe that or not, and many of the people crowding the earth have lots of money. Sunny Florida was one of the first targets for this growth. Others have suffered and more will follow.