Florida real estate crash tour continues #19. A disgusting road-to-nowhere in FL panhandle

A road-to-nowhere in the panhandle area of Florida. A broke development in Carrabelle, Florida. This is another disgusting example of how ridiculous the real estate bubble was during its' peak and why it will take many years to recover.

Category:

News & Politics

Tags:

• Florida
• real
• estate
• crash
• economic
• retail
• meltdown
• depression
• recession
• rick
• santelli
• barack
• obama
• bernanke
• greenspan
• schiff
• ron
• paul
• rand
• tea
• party
• foreclosures
• panhandle
• collapse

[EconCat88]

there are other videos from this florida visit that dwarf this one...stay tuned.

[scottNcolcty]

@EconCat88 we just bought a house in lanarkvillage where your at has the lowest land taxes in florida i mean there are some dealson some cool places but the locals dont like you to stay they just want you to visit spend money and go back home lol..got caught with a bag of pot and the sherriff said get yalls ass back to lanark and kept my weed lol

[AwohaliSagwu]

LOL stick your toe down in that pool and see if theres a gator home..lol

just kidding

[ozlo]

I'm in Tampa Bay area, there's a house like this with a pool like this in my neighborhood. It's an older house that was for sale, then taken off the market. The last thing I knew someone had parked their car (without plates) there for a year and it was towed a month ago. Now the grass is waist high.

For a couple years the pool in the back has been like this, it smells like a swamp. Vines have begun growing over the walls of the house and are covering some of the windows. A bit scary looking!

[mja2035]

How sad is this, nice house with a pool and no one lives there. Crazy stuff in Fla.

[yaplonglong]

Oh - Green shoots everywhere!