The Real Deal Miami

A condo bubble or not?

Developers can head off a real estate bust if they examine the lessons of 2007
Peter Zalewski

Peter Zalewski

From the South Florida market report: Condo developers are adamant that the final results of their building frenzy in South Florida — more than 160 towers already, and more to come — will end differently this time around.

The developers confidently proclaim that they have studied — and learned from — the mistakes of the 2007 real estate crash, despite the tri-county region’s history of dramatic booms and devastating busts that dates back nearly a century. [more]