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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 (124936)5/23/2008 9:26:59 AM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
Homes program for middle-income workers urged

The South Florida branch of a real-estate organization wants the government to subsidize housing for middle-income families.

miamiherald.com

Local and state government should spend more money to help provide housing for middle-income South Floridians, according to a new initiative launched by the local branch of a respected national real estate organization.

The South Florida branch of the Urban Land Institute wants government to do more to help build housing affordable to households who earn between 60 and 140 percent of the median.

That works out to $36,180 to $84,420 in Miami-Dade or $42,720 to $99,680 in Broward



To: John Vosilla who wrote (124936)5/23/2008 9:49:21 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Florida Pension Fund Is Suing A.I.G.

nytimes.com

In another blow to the embattled American International Group, a Florida pension fund accused the insurance giant and a number of its top executives on Wednesday of understating the company’s exposure to the subprime mortgage crisis in order to inflate its stock price artificially.



To: John Vosilla who wrote (124936)5/24/2008 9:47:28 AM
From: Pogeu MahoneRead Replies (1) | Respond to of 306849
 
Ta Da!;0)
Here is one happy
camper.

========

Speculators have been chasing land prices down here in FL for three years. A few were geniuses or very lucky between 2003-05 but I wonder how many are ahead of the game to today?