Eerie Beauty Of The Florida Housing Bust
Posted by Jonathan J. Miller -Tuesday, October 5, 2010, 5:30 AM
2 Comments
Barry Ritholtz went aerial photo gonzo over on Big Picture today and his post was picked up freakin’ everywhere so I had to share. Barry presented the amazing images from Boston.com’s Big Picture (no relation).
We have all read ad nauseum the aftermath of the Florida real estate collapse first hand, but what about a 30,000 foot view?
Florida Housing Empty Hopes And Dreams
Back in the late 1970’s I used to fly between Tampa and Naples several times a week to teach a real estate course on Marco Island. The flight path was right over Rotunda (2nd picture in your posting. That was a development from a 1960’s real estate boom. There are plenty of others in the Charlotte County and Lee County area. They tend to look the same. You never forget seeing Rotunda though.
As Frank mentions above, the Rotunda picture is probably the coolest, however, the 4th aerial picture down looks like a man-made amoeba development! Have you thought about how exhausting it would be to have to travel to the far end of that development/island every day with just one development entrance? Wow!