Miami Condo Glut Pushes Florida's Economy to Brink of Recession 

http://www.bloomberg.com/apps/news?pid=email_en&refer=news&sid=a4qa.rYTW
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"A Florida recession could be averted and the state housing industry's
``serious problems'' solved by an influx of American retirees and
foreign buyers, said David Denslow, a University of Florida economist in
Gainesville. 

``The wave of baby boomer retirees is gathering momentum, and the weaker
dollar makes Florida seem like a bargain to Europeans,'' Denslow said.
``With any luck at all that will sustain us.'' "

David L. Crooks



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