Real Estate Price Collapse, Paradise Lost in SW Florida

Posted on July 10, 2009
Filed Under Real Estate Foreclosed |

Buy one get one free. What happens when the neighbors see the comps? Jingle Mail to the max. Will the county reassess all the homes in that community 1/2 off, and lower their taxes accordingly? How is that good for the tax base?

Duration : 0:2:34


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Comments

19 Responses to “Real Estate Price Collapse, Paradise Lost in SW Florida”

  1. ourearthhome on July 10th, 2009 7:54 pm

    Real estate prices …
    Real estate prices are periodically bid up way beyond their real value by people looking to make money on resale. This is called real estate speculation and is completely destructive of the housing market although while it is happening everyone is happy to jump in. There is an 18-20 year boom and bust cycle. think back to the early 1990s. it will happen again around 20 27-2029 unless we call a halt to buying and selling real estate merely for profit and not exclusively for use.

  2. SpeedingStudent on July 10th, 2009 7:54 pm

    I’m here.

    Too …
    I’m here.

    Too many weirdos in Austin, though.

  3. jandean61 on July 10th, 2009 7:54 pm

    Thank God ! I LEFT …
    Thank God ! I LEFT FLORIDA IN 2007 !….MOVE TO AUSTIN,TEXAS ! MOVE TO AUSTIN,TEXAS!

  4. anonymous4849 on July 10th, 2009 7:54 pm

    Looks like its time …
    Looks like its time to buy a home for CHEAP! :-)

  5. DrewDownsManagement on July 10th, 2009 7:54 pm

    Nice Vid. I …
    Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.

  6. kobie8819591 on July 10th, 2009 7:54 pm

    and you grt killed …
    and you grt killed on the taxes

  7. youngviv on July 10th, 2009 7:54 pm

    Come to Bethlehem …
    Come to Bethlehem pa…real estate is doing great here!!!

  8. InternetIncomeMentor on July 10th, 2009 7:54 pm

    forget real estate …
    forget real estate for builing your wealth - I spent 8 years of 60 hour weeks… visit
    mib income . com and see why i got out!

  9. qtrinh on July 10th, 2009 7:54 pm

    Try AK47 buddy… …
    Try AK47 buddy…the hatians all have those

  10. Michaelwiseguy on July 10th, 2009 7:54 pm

    I don’t think those …
    I don’t think those town houses are such a great deal. If You look on Zillow at for sale listings, you can find new homes for under 100K, No HOA fees and larger lots.

  11. seanteelucksingh on July 10th, 2009 7:54 pm

    Wow.
    Wow.

  12. jjireh07 on July 10th, 2009 7:54 pm

    Buy one gun, and …
    Buy one gun, and then buy some more. You’ll be needing them soon. Maybe try to move away from the major cities.
    That is, unless you like being shot for your food.

  13. d991 on July 10th, 2009 7:54 pm

    This is hilarious.. …
    This is hilarious…it sounded like that one old guy bought 3-4 houses. What is he planning on doing with them, flipping them?! Waiting until house prices go up?! He’s in for a nasty surprise…

  14. yap1993 on July 10th, 2009 7:54 pm

    the CEO of Freddie …
    the CEO of Freddie Mac admitted the housing
    crash has TWO THIRDS to go! the housing
    collapse is just getting warmed up folks.
    you’ll see houses sell for a quarter on the
    dollar adjusted for inflation in a few years.

  15. tyronebiggums3 on July 10th, 2009 7:54 pm

    “I bought two …
    “I bought two houses today, and a ridiculous price.”
    YES, RIDICULOUS! YOU PAID TOO MUCH!!

  16. finefilth on July 10th, 2009 7:54 pm

    try getting a job …
    try getting a job in cape coral

  17. Eagle776 on July 10th, 2009 7:54 pm

    it’s going to get a …
    it’s going to get a lot worse then this.

    People will be buying and selling homes with food, after the collapse.

  18. Boomer1949 on July 10th, 2009 7:54 pm

    I sure hope these …
    I sure hope these people who are buying these houses know what their doing. Personally, I would not buy unless I had cash.

  19. ckthomps on July 10th, 2009 7:54 pm

    Buy one get one …
    Buy one get one free deals for homes is NOT good for the economy. Insane.

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