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Comment of the Day

"Is the Miami real estate market too dependent on international dollars? The answer is an obvious YES. I can't think of any other city where the dominant development model is predicated on unsustainable expansion, inevitable collapse, and last-minute rescue by international investors. How many times can we go through this before the whole house of cards collapses for good?" - Rafael Rivero [The NYT And WSJ Worry About Miami's Real Estate Market, via Facebook]