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

To: Snowshoe who wrote (116643)	4/15/2008 5:19:15 AM
From: MoneyPenny	Read Replies (2) \| Respond to of 306849

LOL. Here is a bubble for you. I live in SW Florida north of Naples, an epicenter of consumption. There was a very nice old mall, Waterside, which is just finishing a major expansion and redesign. It is now, effectively, a high end "purse" mall IMO. One ultra expensive leather shop after another: Vuitton, Hermes, Coach, Bottega Venetta, Saks (for Chanel who is not yet opened there), etc. etc. I occasionally shop there but no more handbags or scarves for me. I'd put mine (the ridiculous Birkin) on Ebay but I do not have the interest in selling things there. It will be interesting to see if Nordstrom's delays their opening there and how the mall evolves after its change. MP