Florida commercial real estate collapse March 2009

25 Responses to “Florida commercial real estate collapse March 2009”

1. FORMETOKNOWONLY on September 28th, 2009 4:28 am
   Strip malls becoming empty in Sarasota.
2. KingDrudge on September 28th, 2009 4:28 am
   LMFAO, yep…things are just humming along here in Corzineville. Been to Newark lately?
3. DebtIsMoney on September 28th, 2009 4:28 am
   Outside of Jacksonville
4. Joser68 on September 28th, 2009 4:28 am
   what city in florida is this.
5. macpduff on September 28th, 2009 4:28 am
   This is a GOOD thing! Have we forgotten already how not long ago we were all complaining that shopping Malls were paving America under?!
   I for one am happy to see shopping malls with no tenents. This has been a long time coming. In my State in the ’90’s, they would build new Malls , steal the major stores from the 3 -5 yr old Malls down the road, effectively putting them out of business. Then do it again. The ’90’s and ’00’s, commercial developement was out of control and creating slums.
6. chillinmc on September 28th, 2009 4:28 am
   Wow, FL reminds me like CA. You know? Both have nice weather + beaches, but both are flakey + nutty at the same time. No wonder why FL + CA have the worst economic crisis in the USA. Don’t forget? Both have major natural disasters: FL = HURRICANES + CA = EARTHQUAKES.
7. jobedied on September 28th, 2009 4:28 am
   Don’t worry be happy we have printed up trillions. All these malls will be humming shortly . In New Jersey we are approving subdivisions ,warehouses ,expanding the turnpike the money flows like milk fron heaven.
8. 215858452845 on September 28th, 2009 4:28 am
   I see a few unfinished subdivisions where I live.
9. Puzzoozoo on September 28th, 2009 4:28 am
   Couldn’t they just walk to the gate and then to the mall, or get a pedal bike if they didn’t want to walk?
10. zebpongo on September 28th, 2009 4:28 am
    I worked on 2 residential developments next to a large outdoor mall. Something like 600 units….when finished, they put a fence around the whole damn thing without any means of walking the 1/8 mile to the mall directly adjacent. Everyone has to drive out the gate and around to get to the shopping next door.
11. Brandonly23 on September 28th, 2009 4:28 am
    HAHA! i like the last part. “somewhere to ‘prey.’” it’s misspelled, but it probably rings true. im sure in a town like that there are PLENTY of predators.
12. ourearthhome on September 28th, 2009 4:28 am
    The commercial and housing real estate collapses suggest that we might want to rethink the wisdom of speculating in real estate when all that does is increase the cost of assets that are no more useful but just cost more. On top of which when the speculative price gets too high and people can no longer afford to pay the whole thing must collapse as it does periodically about every 18-20 years. America chose real estate and stock market speculation over the real economy and our tax laws helped.
13. truthseekerlibrary on September 28th, 2009 4:28 am
    Me too!
14. roopitbhu on September 28th, 2009 4:28 am
    Thanks mate..Looking forward for more videos from you
15. oldcdfan on September 28th, 2009 4:28 am
    Thank you for sharing the video with everyone, and great choice of soundtrack.
16. DebtIsMoney on September 28th, 2009 4:28 am
    Broke and still breaking, Ted Russell Kamp
17. roopitbhu on September 28th, 2009 4:28 am
    Song name and singer please..
18. DebtIsMoney on September 28th, 2009 4:28 am
    I watched the end of suburbia. I don’t think the end of the burbs are going to happen within the next 50 years.
    There is very promising magnet technology, zero point energy out there. The problem is it’s free. Until they can figure out a way to charge you it will not be mainstream. Some of my favorites show the power of the magnet. There is also new solar panel technology, much more efficient. We could always drill in the US for oil. I guess we are waiting for everyone else to run out first. thx
19. Puzzoozoo on September 28th, 2009 4:28 am
    Yes, that was my point, but raw materials and manufactured goods in America, also have to go by road, and fuel costs affect shelf prices, and if fuel goes up then American will end up paying, more which means less disposable income which affect shop which close ect into a death spiral.

    As you are an American, watch ‘the end of suburbia’ if you haven’t altread seen it.

    Its on goggle video:

    videosearch?q=the+end+of+surburbia&emb=0&aq=f#

    Note: Best make yourself comfy as its a 50 min + show.

20. DebtIsMoney on September 28th, 2009 4:28 am
    This video is shot in greater Jacksonville, FL. Jacksonville is the largest city by land area in the USA; of this, 757.7 square miles (1,962.4 km²; 86.66%) is land and 116.7 square miles (302.1 km²; 13.34%) is water. The local joke is it always takes 45 minutes to get where you are going from where you are. It is impossible to not drive. No matter what the price of gas is people will pay it, maybe just drive less and for essentials only.
21. Puzzoozoo on September 28th, 2009 4:28 am
    American shopping malls ect are spread out with a large walking distances between A & B, and Americans need a car to get around.
22. Puzzoozoo on September 28th, 2009 4:28 am
    One thing I have noticed is you must have a car, you can’t ‘walk to the shops’. How many more shops are going to close when fuel prices start going up again?
23. Halftrac on September 28th, 2009 4:28 am
    STOP THE WORLD! I WANT TO GET OFF!!!
24. xxxxulovemexxxx on September 28th, 2009 4:28 am
    I heard Florida got hit reallllly hard. Our Linens n Things closed and is vacant. Come to think of it…at our outlets they did build commercial property and it has been vacant for at least two years lol. Ha! Forgot about that lol.
25. halfasheep on September 28th, 2009 4:28 am
    No shops. Well its time to start saving fake Fed dollars then.

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