"Eisboch" wrote in message
...

"HK" wrote in message
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Apparently the south west coast of Florida is "foreclosure central," with
a higher percentaqe of home foreclosures than anywhere, coupled with an
unemployment rate above 10%.

I wonder how long it'll be before those "waterfront" homes are going for
20 cents on the dollar?

Doubtful. Their value is down and speculators are grabbing them up.

Eisboch

So, just wait until the speculators go broke.

Wouldn't mind a 80's or early 90's priced Lake Okeechobee beachfront lot.
If it came with a green card, would move there permanently. I always
remember the guide telling me not to lock the motor down incase you hit a
gator and keep your knees away from the motor. Wise advice too.