http://www.youtube.com/watch?v=t6Te4xpfGTU&feature=relmfu
Lots of videos of it - here’s one of a brand new HUGE office building in Florida, most of it has never been occupied. Same here in Western Washington. Sad.
When I used to drive down to Miami in the late 1990s and early 2000s, I would be amazed to see the amount of building going on. I said to my husband, “where are they going to find enough people to fill all those houses.” Well, I guess they didn’t. When I hear that Nevada and Florida are two of the worst off places, I begin to wonder if there wasn’t one heck of a lot of drug money being laundered in the construction industry which would explain some of the overbuilding, especially there. Any thoughts, anyone??
What also amazes me is seeing the DOW about to break 13,000, and the NASDAQ 3000. Somebodies apparently don’t think we are done for. Hope they are right.