ST Alpha - "Interesting. I'm surprised the Florida percentage isn't even higher than it is." (Reading a Post)

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In response to "this is kind of interesting. 8% of all existing homes ($82 billion worth) sold in the us between 3/2010 and 3/2011 were foreign buyers..." by x

Interesting. I'm surprised the Florida percentage isn't even higher than it is.

Posted by ty97 Jul 29 '11, 13:34

And it's already 1/3.

When my parents bought there house, a concrete shell of a house being built was behind them....turns out it had been like that for a year...and stayed that away for at least another year before (someone) completed building it. Upon completion, it was being marketed to German tourists/seasonals. First I'd thought of that.

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it makes sense.with all the brutatlity to the dollar lately, this stuff must look stone cheap if you're not paying with greenbacks....nm - x Jul 29, 13:39 1
- True. Cheap Dollar plus depressed housing prices = fire sale -- nm - ty97 Jul 29, 13:44

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Interesting. I'm surprised the Florida percentage isn't even higher than it is.

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