There are no hardcore facts to predict the future. I do know as a fact that most people that invested in the stock market in the early 2000's lost their butt. The same people that invested in Real Estate in the mid 2000's lost also. They all jumped on the bandwagon and lost. I NEVER LOST! As for the "snowbirds moving down here full time or at least for 9 moths why wouldn't they? We have no state income tax and unlike most northern states, when you die the greedy Govt. doesn't steal your estate money that you would leave to your kids. With owning a home in TV, why would you not take advantage of the tax laws we enjoy. As for where will people go? I lived in the Datyona area for 23 years before moving to TV. In Volusia County,look and see what a house compared to yours in TV would go for. I could buy my house on a larger lot for 200k less. This ain't no deal. Also, our sales tax was 6.5% for the first $5,000 and 6% after the first $5,000 in purchase. If you think this bubble won't burst, I suggest you gobble up as many properties as you can possibly buy. That would be what a serious investor would do with a "sure thing".
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