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Thread: Miami real estate bubble popping (05/2016)

  1. #1
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    Default Miami real estate bubble popping (05/2016)

    Looks like the real estate bubble in Miami is about to pop. Inventories are rising and prices are falling. Will it ripple across the country?

    http://www.bloomberg.com/news/articl...-in-new-towers
    When seconds count the police are only minutes away.

  2. #2
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    The war on drugs must be working...
    leave the gun... take the cannoli...

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  3. #3
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    Just another example of unsustainable. How much money did all those pumps cost to pump rising ocean water out just to keep the people lies n lives alive? Miami is just another New Orleans that won't survive sea level rise.

    Maybe Miami is on the Chinese list for enhancements. Instead of pumping water out they'll just levitate a large section of the city.
    Last edited by Alredneck; 05-27-2016 at 12:26 PM.

  4. #4
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    The Chinese have their own housing bubble to deal with...
    leave the gun... take the cannoli...

    In times of strength prepare for times of weakness...

  5. #5
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    Quote Originally Posted by HatetosayItoldyouso... View Post
    The Chinese have their own housing bubble to deal with...
    Yeah, China has some issues at the moment, housing being just one. I recently read an article in the WSJ where they talked about how the Chinese appear to be abandoning economic reforms (less currency manipulation) and instead concentrating on keeping their masses calm and sated.

    Joe - NY

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