Sirwalterraleigh
Premium Member
There’s no “wealth” in Orlando…that’s a myth that has been propogated by the chamber of commerce since 1985…While I agree to a certain extent is it increasing wages or “rich” outsiders moving into the area that are largely driving the housing prices to go up?
$0.90 on every $1 leads back to tourism in some way…which is why it’s quick boom and bust based on the NYSE…volatile.
But people want to believe is a land of “opportunity” and old money…it’s just self soothing.
They’re in an extended boom…which means it is U G L Y if the markets look for equilibrium