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A bet on Florida pays off
Yahoo ^ | May 27, 2014 | Tim Mullaney

Posted on 05/28/2014 6:09:24 AM PDT by C19fan

In 2008, when American businesses were almost universally hoarding cash in a struggle to survive the financial crisis, Harris Rosen made a different call.

Instead of pulling back, Mr. Rosen, the biggest independent hotel owner in this city built on tourism, hit the gas. He committed to spend $130 million to renovate his seven hotels, then added more international marketing staff members to sell them to tour groups from faraway places like Brazil and South Korea.

Today, Florida’s economy is on the rise again, shaking off the dead weight of a housing bust that hit Florida harder than almost any other state in the country. So far this year, Florida has led the country in job growth and it has chalked up the third-best record over the last 12 months.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; US: Florida
KEYWORDS: tourism; universal
It seems Florida is finally starting to recover from housing bust yet why is Charlie Crist leading the polls for Gov?
1 posted on 05/28/2014 6:09:24 AM PDT by C19fan
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To: C19fan

‘It seems Florida is finally starting to recover from housing bust yet why is Charlie Crist leading the polls for Gov?’
I don’t know about Crist but I do know about my area. The local baby boomers are leaving for warmer winters more and more. Buying RV’s or houses or condos especially in Florida, leaving after thanksgiving or Christmas and staying till late March or early April.
Given the number of flush baby boomers the guy in Florida just looked at the aging of them and the strength of economies we have outsourced to and made an intelligent bet.


2 posted on 05/28/2014 6:21:14 AM PDT by Foundahardheadedwoman (God don't have a statute of limitations)
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To: C19fan

It isn’t called FloriDUH for no reason.
1. Think of the educators - largely Libtards.
2. Then AgenccyPersons - Gov. Scott shut down the Florida Department of Community Affairs. Actually closed it down!
3. Welfare clients are afraid their GibsMeDat package will be reduced.

Given the number of Trough Feeders in the abovementioned classes, Florida is in deep trouble, and so is America.

When a Trough Feeder fears the Trough may run dry said Trough Feeder become first anxious, then dangerous.


3 posted on 05/28/2014 6:22:07 AM PDT by GladesGuru (Islam Delenda Est - because of what Islam is and because of what Muslims do.)
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To: C19fan

Florida has been in a mild recovery for some time already. There is nothing that just recently happened.

Real estate prices his bottom, and international investors like to buy in Florida. Housing prices in cities such as Sao Paolo are more expensive than New York. The condos on the beach in Miami are paradise to them, and cost less than what some would pay for a warehouse in other places.

South Florida has always had the benefit of money coming from wealthier Latin Americans fleeing countries such as Venezuela. They bring money, skills, or just plain ridiculous will, to work hard and survive.

There are few major cities that I find appealing. Boston is probably one of them, but I was there last week and it was 57 F!!!! I can’t even imagine the winter. I think Florida is great, but i’m biased.


4 posted on 05/28/2014 6:24:09 AM PDT by mgist (.)
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To: C19fan

possibly the fact that Florida has no state income tax might have something to do with it.


5 posted on 05/28/2014 6:24:36 AM PDT by from occupied ga (Your government is your most dangerous enemy)
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To: C19fan
"It seems Florida is finally starting to recover from housing bust yet why is Charlie Crist leading the polls for Gov?

Demographics, demographics, demographics. Plus Scott still carries some negative baggage from his HCA days.

6 posted on 05/28/2014 6:25:02 AM PDT by buckalfa (Tilting at Windmills)
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To: C19fan

Umm, maybe because the polls are bs?
Like the way bush was supposed to lose to what’s his name?
Or that Scott really couldn’t have won anyway since the polls had him behind?


7 posted on 05/28/2014 6:33:58 AM PDT by bill1952 (taxes don't hurt the rich, they keep YOU from becoming rich.)
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To: GladesGuru

I live here and don’t see any of that. Public schools are garbage everywhere. My daughter’s HS is sending 3 girls to Harvard, 1 to Princeton, 1 to Yale, 3 to Columbia, my daughter is going to NYU STERN, and the list goes on. They are a graduating class of 85 girls.

Governor Scott is Republican. Why do you assume everyone in Florida is liberal? Marco Rubio is as conservative as they get.

Whenever I see ugly generalizations, I can’t help but think Marxist influence of resentment and division is alive and well.


8 posted on 05/28/2014 6:35:05 AM PDT by mgist (.)
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To: C19fan

Because the Libtards are making a full court press in the state: political, legal, govt services sign-ups (mailers going out informing people they may be eligible for food stamps and Medicaid).

http://miami.cbslocal.com/2014/05/27/voting-groups-can-use-gop-operatives-documents-in-lawsuit/

Grab the governor’s mansion then figure out whether to hit the house or senate. They figured out that not controlling the legislature hurts when redistricting occurs.

Scott came in on the back of a tea party wave of enthusiasm (defeating former House impeachment manager/FL atty genl Bill McCollum in the GOP primary). Nobody’s particularly enthusiastic about him, but fortunately people are even less enthusiastic about Chuckie Crist. The state GOP should know where Crist’s bodies are buried, they better start releasing the maps as soon as the primary season is over. It’ll be close.


9 posted on 05/28/2014 6:38:43 AM PDT by ameribbean expat
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To: ameribbean expat

The is also the fact that Florida is the nation’s largest SWING state. The means it can go either way and there will be major money going into the campaigns.

NPR shamelessly defames Rick Scott, as does Miami Herald. There is also the problem of voter fraud. The paperless machines are the same ones used in Venezuela. There were a few lawsuits last election when results came back with 120% voter turn out. You have the retirement communities with collected absentee ballots with “votes” that are 100% Dem.

Despite all of that, Florida is still a swing state.


10 posted on 05/28/2014 6:47:37 AM PDT by mgist (.)
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To: mgist

Rubio is conservative as they get???

Might I suggest checking Rubio’s position on immigration?

As for “Whenever I see ugly generalizations, I can’t help but think Marxist influence of resentment and division is alive and well.” - if you are calling me a Marxist, this is a first for me.

Indeed, my friends will be astounded! Who knew? And when did they know it?

;-)


11 posted on 05/28/2014 7:17:21 AM PDT by GladesGuru (Islam Delenda Est - because of what Islam is and because of what Muslims do.)
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To: ameribbean expat
Elected government is not a spectator sport.

I'm not blindly supporting a “team”, regardless of their record, when I enter the ballot box and vote.

Scott is obviously a better choice than Crist for sane people.

No, I don't agree with all of his decisions, but on balance, he has at least not acted insane.

12 posted on 05/28/2014 6:46:05 PM PDT by sarasmom (Extortion 17. A large number of Navy SEALs died on that mission. Ask why.)
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To: sarasmom

I quite agree. With politics you vote for the candidate who will hurt you least. Crist is a sociopath who lived in a boat out behind his mother’s house on Snell Isle (St. Petersburg). Never owned a piece of real estate before moving into the governor’s mansion. Contrast that with Scott, and his background.


13 posted on 05/29/2014 5:48:10 AM PDT by ameribbean expat
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