Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Riskmgmt who wrote (82065)	5/23/2007 12:13:57 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

I mentioned that Ray in the other post. But are Florida houses such a better inflation play than houses in faster growing Houston at only $40 psf? Yes over time the current horrible cash flow everywhere will reverse as no doubt rents will at least double in 5-7 years if the current course in DC and on Wall Street continues.. Florida folks in RE from before this boom have an air of invincibility about them even now and perhaps I see many other things they don't seem to be able to see or even remember from history as we could be on the cusp of what happened in Texas in the mid to late 80's down here.. I urge you to go to places like North Port and Cape Coral and see the incredible glut of new houses sitting empty.. 'The true wild card IMHO cause if they do rise the glut and slack end user demand will go on for a lot longer than people think so locking in houses at low interest rates as long term rentals would be my only play later this year..'