Quote from jd7419:
The article says,
And then there is Ms. Chilson. She lost her house partly because of the boom (if not for easy credit, she might not have refinanced her mortgage a few years ago), the bust (which led to her husband being laid off from his pest control job) and overspending (which led to more than $20,000 in credit card debt).
They really skim over why many of these people are in their bad situations. The poor lady and her husband took out alot of money on their refi. If the author of the article stated the facts of these peoples circumstances (how much money the took out of their homes), many readers would not be so sympathetic.
Quote from Pa(b)st Prime:
As someone else noted-the closer you are to the ocean the higher the prices. As a rule of thumb east of U.S.1 throughout the east coast of Florida is VERY, VERY safe. Despite a few shootings in Miami the past couple of weeks crime rates down here have been falling hard for a decade..
Quote from scriabinop23:
Exactly. Sounds like they were broke already 3 years ago...
What fascinates me is how there are broke people of 2 ilks: 1) responsible ones who cut consumption until they recover, and 2) Ones in denial who just continue until one day the blow-up happens and the SHTF.
Lot more of #2 nowadays it seems... Maybe thats just a function of population.
Quote from flytiger:
I love you Pabst, but i'm in a real good neighborhood on the intracoastal. We had a spate of some 20 breakins, and about three weeks ago, I sat here with a loaded shotgun while the police blocked us in, and the chopper was overhead for at least an hour. The guys down the street are Ft. Lauderdale cops. We have some runners, young women in the neighborhood, and some black asshole was chasing them in the dark, went ahead, stripped, and was jerking off when they went by. I told them to not run in the dark, wait for sunup, and they got all pissed about their "rights". I tried to explain that , when you're chopped up, and thrown in the canal, your "rights" aren't worth spit. So we ran into the Ft. Lauderdale cop, I told him what had happened, he looked at the Dixie Chicks and said, "get a gun!. It's working it's way North, so get over it."
That's the Florida I know.
Quote from flytiger:
I love you Pabst, but i'm in a real good neighborhood on the intracoastal. We had a spate of some 20 breakins, and about three weeks ago, I sat here with a loaded shotgun while the police blocked us in, and the chopper was overhead for at least an hour. The guys down the street are Ft. Lauderdale cops. We have some runners, young women in the neighborhood, and some black asshole was chasing them in the dark, went ahead, stripped, and was jerking off when they went by. I told them to not run in the dark, wait for sunup, and they got all pissed about their "rights". I tried to explain that , when you're chopped up, and thrown in the canal, your "rights" aren't worth spit. So we ran into the Ft. Lauderdale cop, I told him what had happened, he looked at the Dixie Chicks and said, "get a gun!. It's working it's way North, so get over it."
That's the Florida I know.
Quote from ByLoSellHi:
I think you'e grounded in reality, whereas Pabst's career in real estate sales interjects too much bias into his viewpoint.
This is not a garden-variety real estate downturn, cyclical in nature.
It's structural.
Quote from flytiger:
I love you Pabst, but i'm in a real good neighborhood on the intracoastal. We had a spate of some 20 breakins, and about three weeks ago, I sat here with a loaded shotgun while the police blocked us in, and the chopper was overhead for at least an hour. The guys down the street are Ft. Lauderdale cops. We have some runners, young women in the neighborhood, and some black asshole was chasing them in the dark, went ahead, stripped, and was jerking off when they went by. I told them to not run in the dark, wait for sunup, and they got all pissed about their "rights". I tried to explain that , when you're chopped up, and thrown in the canal, your "rights" aren't worth spit. So we ran into the Ft. Lauderdale cop, I told him what had happened, he looked at the Dixie Chicks and said, "get a gun!. It's working it's way North, so get over it."
That's the Florida I know.
Quote from Pa(b)st Prime:
A house at the end of my block just had a break in too. I can deal with an occasional burglary. In Chicago there's a handful of murders each year within a mile radius of my condo. Down here-I'm east of the ICW a block off the ocean-there's often not a single homicide in a given year on the barrier island stretching from Port Everglades through the end of Palm Beach. 40 miles of low crime albeit in a 3 block wide strip.
Even armed robberies are rare. Unfortunately in Boca you guys border that stretch in Delray where da hood gets a little too east for comfort. There were only 88 homicides -that figure includes police shooting suspects etc so maybe under 80 "murders"- in Broward last year. For a county of 1.8 million that's pretty darn acceptable.....
Quote from Pa(b)st Prime:
A house at the end of my block just had a break in too. I can deal with an occasional burglary. In Chicago there's a handful of murders each year within a mile radius of my condo. Down here-I'm east of the ICW a block off the ocean-there's often not a single homicide in a given year on the barrier island stretching from Port Everglades through the end of Palm Beach. 40 miles of low crime albeit in a 3 block wide strip.
Even armed robberies are rare. Unfortunately in Boca you guys border that stretch in Delray where da hood gets a little too east for comfort. There were only 88 homicides -that figure includes police shooting suspects etc so maybe under 80 "murders"- in Broward last year. For a county of 1.8 million that's pretty darn acceptable.....