From Zero Hedge:
A reader submits the
following photo essay on the absolute commercial real estate carnage in Florida. Has to be seen to be believed: you will not see these pictures anywhere in traditional media.
He also provides the following color:
I took a drive this evening from 5.30 pm - 7.30 pm and shot over 200 pictures of Florida real estate in crisis. What is really amazing if you notice the time and date on each picture . I was able to shoot a picture about every 45 seconds while all alone driving in traffic including stopping for traffic lights and gas and parking in a safe place each time for each shot . Everywhere you turn something is for lease or rent.
Read full article...
More on Florida's real estate carnage:
How to retire in Florida for 50% off
Miami condo blowout: choice properties purchased for 94% discount
