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OT--Ping: To all who keep warning me of a housing bust in Naples

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PocoLoco

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On 19 Sep 2005 06:16:58 -0700, wrote:

NOYB wrote:
"Shortwave Sportfishing" wrote in message
...
On Sun, 18 Sep 2005 17:42:30 GMT, "NOYB" wrote:

When home prices hit the outer stratosphere, the number of potential
buyers
admittedly shrinks. But the Naples luxury market is still in boom mode,
local agents say, despite forecasts of a housing bubble that some predict
eventually must burst.

A slowdown?

You will get your turn and sooner than later.

It's already starting up here in NE.

I figure that once the NE slows, we'll soon follow. They'll be a slowdown,
but never a correction. There are too many baby boomers looking to retire
down here. The SW coast of Florida used to be mostly midwesterners. But
the housing prices in the midwest aren't keeping pace with the prices down
here. So we're seeing more buyers from the NE, the West, and overseas.

Major money types are calling the Naples real estate market just what
it is, a mini-bubble, and it's going to burst.

Did your self-esteem bubble burst when your fabrication of a fake motorcycle was
shown to the world?
--
John H

"All decisions are the result of binary thinking."

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