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Old 06-25-2010, 06:46 AM
 
Location: Orlando, Florida
43,854 posts, read 51,038,691 times
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I was wondering if anyone had any thoughts on how the oil gusher would impact the prices of real estate along the gulf coasts and all of Florida. I will assume the much sought after retirement sales will decrease drastically or will it drive up prices inland?
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Old 06-25-2010, 07:08 AM
 
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Originally Posted by GloryB View Post
I was wondering if anyone had any thoughts on how the oil gusher would impact the prices of real estate along the gulf coasts and all of Florida. I will assume the much sought after retirement sales will decrease drastically or will it drive up prices inland?
TOLL Brothers CEO already told that because of the oil spill in gulf coasts, their home sales are going down in the whole country.

I am trying to figure out why!!!!!. Because of gulf oil spill, people in NJ are scared of water pollution and they are buying and hoarding all the water bottles and hence no money to buy house.

Do you see the connection!!!???? You may think of some other logic.
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