Fla RE- will volume return

Quote from Copernicus:

Miami has transformed itself into a Spanish/Portuguese speaking colony...

That is not entirely true Corernicus.

There are shops in Miami with window signs stating
"we speak inglès aquì"
 
Quote from Copernicus:

All the rich from Caracas live on Brickell.. All the other rich in South America are not stupid enough to have all their eggs in one basket. Most countries in South America have a possiblity of some populist coming in and nationalizing everything.

Caracas? Caracas isn't exactly known for its vast loads of wealthy individuals...you're going to have to do better than point to rich people from Venezuela and some others from the rest of Latin America to make the point that Miami is a prime market.

Also, setting up shop in Miami? Pass the joint bro, that was a far out there comment.
 
IMO, in twenty years Miami will be far more developed than today.


Wow, what a creative way to say absolutely nothing of value.

Hey I know, in 20 years the stock market will be higher than it is today! Shocking!

In 20 years, the dollar will be worth less, shocking!

In 20 years there will still be people stating the obvious on the internet :D

We know we know, you are a hard core real estate perma-bear, worried about losing his real estate holdings value.

:eek:
 
Is Buffalo more developed than 20 years ago? No.

Is the Nikkei higher than 20 years ago? No.

Florida's population continues to grow. The country is getting older. The allure of a warm weather state with no income tax and a homestead exemption is not going to subside.

Since I'll never sell my home I don't care what it's value is.


Quote from traderdragon2:

Wow, what a creative way to say absolutely nothing of value.

Hey I know, in 20 years the stock market will be higher than it is today! Shocking!

In 20 years, the dollar will be worth less, shocking!

In 20 years there will still be people stating the obvious on the internet :D

We know we know, you are a hard core real estate perma-bear, worried about losing his real estate holdings value.

:eek:
 
Quote from Copernicus:

If the ethanol cooperation between Brazil- US materializes, Miami is going to benefit. When Castro's are done in Cuba, thats going to benefit Miami as well. The South American rich all want to live on Brickell or at least have a place there, as these nations grow wealthier there is going to be more demand.

picking up a unit right now with nice views is not a loosing proposition 5 yrs from now

I couldnt agree with you more...and while you cant say where the bottom is and how much pain you may hold; looking forward I'd say this is a pretty solid prediction...
 
Quote from Copernicus:

All the rich from Caracas live on Brickell.. All the other rich in South America are not stupid enough to have all their eggs in one basket. Most countries in South America have a possiblity of some populist coming in and nationalizing everything.

A bit of jealousy on this thread, eh bro?

Remind's me of the Go-Go's song This Town, written about another maligned yet awesome place, Los Angeles.

"This town is our town
It is so glamorous
Bet you'd live here if you could
And be one of us"
 
Quote from blast19:

No offense..but Castro dying isn't going to really boost Miami housing prices...it's probably going to see a lot of Miami money go to investing in Cuba depending on the outcome.

Don't tell the Fed, but I've been to Cuba in the last few years and they aren't exactly loaded to the gills waiting to invest in Miami! :cool:

Do you have statistics showing that wealthy foreigners want to live and own in Miami? I don't have anything to the opposite, but from my worldly travels I find that people are less and less interested in America as a place to live. Europe and Latin America is actually quite a good runaway point for more and more Europeans and Americans.

I can assure you that while money will flow out of miami into cuba ( people are waiting in the sidelines here to pour money into all kinds of shit in cuba from infrastructure to hardware stores ) ..many and I mean many venezualens are knocking down doors to come over..so while corni may be off in country alone he is most certainly not off in south americans wanting to live here...
 
Quote from Pa(b)st Prime:

Is Buffalo more developed than 20 years ago? No.

Is the Nikkei higher than 20 years ago? No.

Florida's population continues to grow. The country is getting older. The allure of a warm weather state with no income tax and a homestead exemption is not going to subside

It's already losing it's allure; it used to be fairly cheap to live here, not any more. Without some meaningful type of insurance reform this state is doomed. I'd be interested in knowing the latest population numbers, I think there are as many exiting as coming these days.
 
Cherry picking doesnt help.
I doubt you'll find anyone who thinks florida will be less developed in 20 years. Again, stating the obvious.

Then theres that global warming problem. If it accelerates, maybe florida will be half under water by then :D


Quote from Pa(b)st Prime:

Is Buffalo more developed than 20 years ago? No.

Is the Nikkei higher than 20 years ago? No.

Florida's population continues to grow. The country is getting older. The allure of a warm weather state with no income tax and a homestead exemption is not going to subside.

Since I'll never sell my home I don't care what it's value is.
 
Quote from TM1:

It's already losing it's allure; it used to be fairly cheap to live here, not any more. Without some meaningful type of insurance reform this state is doomed. I'd be interested in knowing the latest population numbers, I think there are as many exiting as coming these days.

You may be right.

Three major moving companies are taking more people out of the state than into it.

http://www.sptimes.com/2007/01/26/State/Do_stats_show_Florida.shtml
 
Back
Top