Quote:
Originally Posted by SwampCreature
The very rosy description of the Palm Coast area is beyond the pale. There has been very dramatic collapse there. Flagler County has the second highest unemployment rate in the state, at 15.5%. Palm Coast always seems to be in news as a poster child of what went wrong in the Florida housing market.
|
October 2010 Unemployment:
Palm Coast 15.5% 5,059 Unemployed
Orlando 11.2% 126,104 Unemployed
Miami 11.8% 340,862 Unemployed
Insignificant number of unemployed in Palm Coast to be labeled the poster child of what went wrong in Fla housing market. I thought I read that Port St Lucie was slammed the hardest by the housing bust - nearly 11,000 homes went into foreclosure, county government considered declaring itself a disaster area.
.