We all know about the US real estate bubble bursting in 2006, which was probably one of the largest contributory factors in the US financial crisis, along with the deregulation of lending practices. One of the hardest hit areas is Florida when its huge real estate bubble burst. This was not the first time that a Florida real estate bubble had burst, and in fact there are many parallels between the first Florida real estate boom and bust and the current bust.
Posts Tagged ‘boom and burst’
Drawing Parallels between Florida’s Property Bust in the 1920s and Dubai’s Boom & Burst
by Overseas Property Mall on Wednesday, December 1st, 2010 in Dubai Property, Florida
