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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 (279196)	9/28/2010 12:32:13 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Maybe Hillary will resign as SOS and run for President next year. Bill will pounce on Obama. Bill seems to have a long memory.

To: John Vosilla who wrote (279196)	9/28/2010 12:25:13 PM
From: Don Hurst	Read Replies (3) \| Respond to of 306849

John, did you see this article today on Florida condos and Amendment 4? >>" BOYNTON BEACH, Fla. — Lesley Blackner drove through a maze of condominium towers, rarely seeing any curtains in the windows, or residents, and tried to contain her anger. They've crammed as much as they can in here,” she said this month, noting that just a few years ago cows grazed on the land west of I-95. “The people around here didn’t want it — they objected. But the City Commission did it anyway.” Even now, with about 300,000 residential units sitting empty around the state, the push to build continues. Since 2007, local governments have approved zoning and other land use changes that would add 550,000 residential units and 1.4 billion square feet of commercial space, state figures show. So for Ms. Blackner, a Palm Beach lawyer with a Mercedes full of paperwork, the real estate crisis is not just the fault of Wall Street, Washington or misguided borrowers; it is also the back-scratching bond between elected officials and builders — a common source of frustration in weak real estate markets around the country wherever developers are still fighting to add more housing. In Florida, at least, Ms. Blackner hopes to put an end to the chronic oversupply with a ballot initiative she has labeled “Hometown Democracy.” Amendment 4, as it is officially called, would give Floridians a vote on changes to state-mandated plans for growth in every county and municipality. Much of the potential impact of the measure is up for debate, with important details most likely to be decided by the courts. "<< MORE nytimes.com Any comments you would like to make...seems that the developers and homebuilders just do not like this amendment...wonder why? Btw, are those hi-rise central FM condos filled yet?