I was damned lucky to have some to sell in early 2006 instead of 3 years later. While I sold at considerably under market value in order to sell quickly, I still sold for nearly three times the price just three years later. The price since then recovered and then some, I take a look now and then to see what the place looks like. Florida is due for a bust cycle, all it's going to take is one industry or another pulling out because nobody likes De Satan making hay by kissing fundagelical butt. Plus, they can't get anyone to transfer in to work for them, it's just too expensive.
Still, these boom cycles are great for people who moved in during a bust and realized later that Florida is not where good people go when they die and want to move somewhere sane.
But do understand that this has been going on ever since the first swamp was drained to build a house and grow oranges on. This isn't the first or last, it's just another in a very long series of them that shows no sign of ever stopping. Florida politics will have to go sane for that, and that's not going to change, either.
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