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


To: Pogeu Mahone who wrote (69987)1/7/2007 11:38:12 AM
From: Think4YourselfRead Replies (3) | Respond to of 306849
 
Florida may well be the place retirees avoid like the plague in a few years. I know a CEO for a small company who bought land and started building a mansion down there about 18 months ago for retirement. He laughed at me when I suggested timing and location might not be the best. He isn't laughing now. The insurance premiums have become brutal, his property is losing value, and he is finding the temperatures increasingly uncomfortable. Wonder if he'll be able to find a sucker to buy the property from him for anywhere near what it cost him.

Am not hearing ANYONE talking about going down to Florida this winter. 10 years ago folks would hire college kids to drive their cars down for them.



To: Pogeu Mahone who wrote (69987)1/7/2007 12:36:41 PM
From: gladmanRead Replies (3) | Respond to of 306849
 
>>fruit and vegies this year suck down here<<

That's the biggest mystery to me in FL, the Fruit sold in Publix is absolutely horrible AND overpriced.

I was in Chicago for Christmas and bought bright red juicy Tomatoes and sweet navel oranges for HALF THE PRICE in FL and TWICE THE TASTE... and i'm talking i was in the bowels of the city not some nice suburban location.

Immokalee, FL is the Tomato capital of the south and the tomatoes here are disgusting so are the oranges.