Florida - On Hold

Nowhere has the real estate bubble burst bigger than in Florida. And in Florida, one of the biggest busts is in Tampa.

Here I am touring a few, of several, developments just stopped. Dead.

Roads and sidewalks all built. Street signs in. Trees planted.

Water piped in and all ready to go.

Only one thing missing.

Two actually. Houses and people.

And people to see that the water is just spewing away, for who knows how long.

Lots and lots and lots of spots like these.

The betting line is that it will take eight to ten years to recover fully.

Yowza.

No wonder they're all drinking $8.00 liquor pitchers.