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Shanty towns and tent cities in Southern California why isn't this on prime time news....I wonder. California is the nations largest economy and where they go we all tend to go to varying degrees. I am not saying that in Florida this scenario looms on the horizon necessarily, but if this is the fallout from our current mortgage crisis in the nations hottest housing market it warrants a certain amount of attention. What does this really say about the "American Dream?"
Very informative.
ReplyDeleteI think you might have to stick a fork in the Florida market. At least Californoia has been thru a down market before. Florida has not experience such downturns. I think Florida is not prepared for what is to COME in the housing market.
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