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Old 03-08-2007, 04:23 PM
 
2,141 posts, read 6,882,906 times
Reputation: 595

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Florida’s once-booming housing market, now the most troubled in the nation,

Historically, Florida has been an inexpensive place for people to move to ‘But Florida’s housing prices are now about 20 percent above the national average.
The state’s continuing population decline, coupled with the ongoing insurance and property tax crisis, presents some worrisome issues for the state’s economy. All this in just a few short years. How did Florida get in this m ess???
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Old 03-08-2007, 04:27 PM
 
Location: Tampa Bay
1,022 posts, read 3,334,200 times
Reputation: 458
Here is your New World Order cities sprouting up. I cant imgaine how some people in SoCal have faired. Rapid inflation and then economic recession or despression. A move towards a chasless system. Clinton tripled the surplus and Bush came in and had lots to spend.

http://www.youtube.com/watch?v=vAEyqi07as0
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Old 03-08-2007, 04:41 PM
 
251 posts, read 882,528 times
Reputation: 123
Quote:
Originally Posted by firemed View Post
Florida’s once-booming housing market, now the most troubled in the nation,

Historically, Florida has been an inexpensive place for people to move to ‘But Florida’s housing prices are now about 20 percent above the national average.
The state’s continuing population decline, coupled with the ongoing insurance and property tax crisis, presents some worrisome issues for the state’s economy. All this in just a few short years. How did Florida get in this m ess???
I have one answer for you and it includes all the inflated housing prices, outrageous homeowners insurance, and over inflated property taxes...............GREED!
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Old 03-08-2007, 05:15 PM
 
Location: Port St. Lucie and Okeechobee, FL
1,307 posts, read 5,486,962 times
Reputation: 1116
Greed is a good answer. My specific answer is the Save Our Homes legislation, and that was indeed brought about by greed.
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Old 03-08-2007, 05:23 PM
 
Location: arrlando, flarida
2,227 posts, read 8,186,024 times
Reputation: 499
Default just one thing about original post

fla's population isnt declining. it would be nice in some respects.
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Old 03-08-2007, 05:31 PM
 
398 posts, read 1,405,481 times
Reputation: 250
How the housing market works is very simple. Offer and demand. If you have too much people in need of buying or rent a house, prices go up because the people will pay anyways. If there is not enough people to buy houses or rent, prices go down to attract new people. Very simple. Now, I could be wrong, but I haven;t read that Florida's population is going down. Instead, what I see from my daily life, population is going up!

President Bush's administration has had the worst immigration situation in history. We are currently under an "undiscriminated immigration" policy. Virtually, ANYBODY, even if a terrorist can cross the border, come here swimming and HE WILL STAY HERE becuase that's the order from Washington. Why? nobody knows what's the conspiracy behind this. So of course the number one immigrants are from south and central america; and where are they going to live? where there is already hispanics of course, so they can speak only spanish, eat only hispanic foor, and listen the same hispanic music. One of those places is unfortunatelly, Florida; mostly in the south part, but the center and the north having the same tragedy.

The day we stop that invasion, private companies will stop building new miniature homes, demand will go down and prices of course will go down by itself.
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Old 03-08-2007, 05:36 PM
 
Location: So. Dak.
13,495 posts, read 37,319,868 times
Reputation: 15205
Quote:
Originally Posted by SunshineState View Post
I have one answer for you and it includes all the inflated housing prices, outrageous homeowners insurance, and over inflated property taxes...............GREED!
Yup, I think that Sunshine hit it right on the head. Housing prices haven't technically gone down. They're still much more expensive then they were 3 years ago. It's unfortunate for those who bought recently at the inflated prices, but many people made 5 times the amount they originally paid for their house if they sold it during the boom. It wasn't only government who was filled with greed, it was also citizens.
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Old 03-08-2007, 06:54 PM
 
2,141 posts, read 6,882,906 times
Reputation: 595
Quote:
Originally Posted by backtofla View Post
fla's population isnt declining. it would be nice in some respects.
It might not look like it's declining but it is.
http://www.pensacolanewsjournal.com/...703080317/1003
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Old 03-08-2007, 07:22 PM
 
Location: Heartland Florida
9,324 posts, read 26,647,783 times
Reputation: 5038
Quote:
Originally Posted by firemed View Post
It might not look like it's declining but it is.
http://www.pensacolanewsjournal.com/...703080317/1003

The lower the better! There's no such thing as housing prices being too low. Unfortunately I doubt that Florida will ever be a great place to live again.
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Old 03-08-2007, 08:09 PM
 
Location: Pennsylvania and Florida
142 posts, read 576,693 times
Reputation: 36
Population decline..?? The city I live in was 38k people in 1988. It is now 160k and rocketing towards 400k by 2030..

How did it get in this mess? There is leomonade to be made from these lemons. But you have to be here to do it. You can't cyber it..
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