| 27.07.2009 - America's abandoned cities |
| From Forbes: Real estate vacancy rates are still growing in these metros. Many of the cities on the list are still digging themselves out of the wreckage of the real estate bubble. Miami, which ranks No. 8, owns a whopping 12.7% rental vacancy rate, up from 11.4% a year ago; residential towers built in the final stages of the boom now stand as empty monuments to an over-hyped market downtown............Full Article: Source |