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melm00se

(4,996 posts)

6. I live in SW FL

Reply to BumRushDaShow (Original post)

Tue Apr 23, 2024, 02:20 PM

Apr 23

between Sarasota and Ft Myers.

Construction is popping up everywhere. If there is open land, building has commenced, it is planned or landowners are soliciting purchasing inquiries.

The thing that concerns me the most is that a lot of the construction is for rental units as opposed to owner/occupied. Once a neighborhood has the majority of rentals, it is extremely rare for it to swing back to owner/occupied.

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12 replies

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Highlight:

New US Home Sales Jump to Highest Level Since September [View all] BumRushDaShow Apr 23 OP

People still need homes RussBLib Apr 23 #1

I see plenty of construction in some areas IronLionZion Apr 23 #2

This is easily explained ScratchCat Apr 23 #3

True. They're building like mad where I live. Houses, remodels, apartments. CousinIT Apr 23 #4

Our system benefits those with money in even unexpected ways IronLionZion Apr 23 #5

I live in SW FL melm00se Apr 23 #6

Could be they are planning for an influx BumRushDaShow Apr 23 #7

That ship has already sailed melm00se Apr 24 #8

But for some reason BumRushDaShow Apr 24 #9

The biggest issues melm00se Apr 25 #11

What you describe seems to be happening in many locations BumRushDaShow Apr 25 #12

My neighborhood is 'built-out'. pfitz59 Apr 24 #10