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    Real Estates Black Hole Miami Condos 2008 To 2010

    except that MARY BRICKELL VILLAGE .....pretty nice or the 4 seasons hotel or the mandrin oriental hotel....etc not bad
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    Real Estates Black Hole Miami Condos 2008 To 2010

    of course if a cat 5 hits or a 5.5.....220 mph winds on a full moon and during a high tide and perhaps stalls a little as it makes landfall it will be worse than new orleans....much worse it will be the end of miami as we know it for our lifetimes its comming
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    Real Estates Black Hole Miami Condos 2008 To 2010

    when a strong cat 5 directly hits miami its over it would destroy the whole city biscayne bay would flood the miami river basin total destruction just like 1935 or 1926.......... and with global warming storms are getting stronger and even bigger it will happen...
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    Real Estates Black Hole Miami Condos 2008 To 2010

    miami is uninsureable in the event of a major storm damage estimates are upwards of 150 billion insurance cos would go broke...as would many developers it would be new orleans all over again
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    Real Estates Black Hole Miami Condos 2008 To 2010

    it has been said that only 7000 condos were sold between 02 and today......and their are 8000 comming on the mkt this yr alone its interesting to walk at night and look up at the buildings their all empty......vacant eventually i would like to buy one...for 20 cents on the dollar...from a...
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    Wci Icann And Sac Have Huge Positions

    stock is now below 8......about ........7 .80.......so how low does it go
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    Real Estates Black Hole Miami Condos 2008 To 2010

    miami........is getting worse and worse many of the south american buyers were flippers who are now in trouble.....some own 5 or 6 apts take a look at the price reductions on CONDOVULTURES.COM huge reductions.... one apt was 535 it just traded for 280k........ 2 bed 2 bath killer...
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    Wci Icann And Sac Have Huge Positions

    icahn just became chairman of the board watch the news stock is hanging pretty tough.......
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    Real Estates Black Hole Miami Condos 2008 To 2010

    43 percent of miami condos have arms......fact
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    Wci Icann And Sac Have Huge Positions

    stock was up the other day mid day .....just when all the other homebuilders were down ......... price when thread was started .8 price now about ........................9.30 chart looking better... getting stronger on pres news
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    Real Estates Black Hole Miami Condos 2008 To 2010

    just looked at some condos in miami .......its a total disaster.....a total wipe out.......they beg and beg you to buy
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    Wci Icann And Sac Have Huge Positions

    the name is i can ......when you are a hard asset buyer like him april may june ........who cares .......when ........ just look at what he believed the co was worth in april..22 the guy made appx 10 BILLION DOLLARS doing just this type of stuff.....and paying only 15 cap gain...
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    Real Estates Black Hole Miami Condos 2008 To 2010

    i agree nevada is a complete total disaster.....but the medium price point is lower than in miami and by miami i mean greater miami.....the city of miami.....ie brickell i am not talking about subdevisions or single family homes just condos ............nevada has rows and rows of...
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    Real Estates Black Hole Miami Condos 2008 To 2010

    bangkok in 1998 99 is miami in 2007 09........................ go find some photos of bangkok in 99 its the same view ...all those cranes... the number stands 60000 in miami greater miami.....if you dont believe me start counting ......number of buildings x units ....but dont leave any...
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    Wci Icann And Sac Have Huge Positions

    yes i agree but icann dosent bid 22 per share for nothing he was looking at their assets......long term.....and it seems he felt they were worth almost a billion dollars at the time and sac is no slouch either.......ill just go with them i really feel its a good one .....if he bid 22 its...
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    Wci Icann And Sac Have Huge Positions

    check out their website......its a real company no doubt
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    Real Estates Black Hole Miami Condos 2008 To 2010

    go to condovultures.com and view their list of condos.....some are down 50 60 70 percent from asking or zillow .com to track the prices the numbers of condos yet to be added to the supply is staggering..........its like 60 000 yes sixty thousand and everyone including cab drivers bought...
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    Wci Icann And Sac Have Huge Positions

    ITS LONG TERM AND IF ITS GOOD ENOUGH FOR THEM ITS GOOD ENOUGH FOR ME...............DEEP LONG TERM HARD ASSET PLAY...CLASSIC ICANN PLEASE DISCUSS WCI
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    Real Estates Black Hole Miami Condos 2008 To 2010

    WHOEVER MOVES TO MIAMI BETTER BE ABLE TO AFFORD IT .....AND THEY CANT...... AVERAGE PRICE OF A US HOME 230000.........AVERAGE PRICE OF A MIAMI CONDO .....WAY WAY HIGHER SHEER NUMBERS OF PEOPLE MEAN NOTHING IF THEY CANT PAY FOR IT AND MAINTAINE IT.....PAY THE TAXES....AND INSURANCE ETC...
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    Real Estates Black Hole Miami Condos 2008 To 2010

    here are the negatives.... leveraged flippers in the market....who only had to put 5 or 10 percent down to own .......now that the buildings are completed those owners have to pay the sky high maintinces and taxes on those apts.......some investors bought 5 or more apts huge...
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