"when the shopping centers start to shut down beccause they can't pay their notes it is going to bring some serious head scratching. The Gap and other major chains are also in trouble."

What was happening, and it happen in my neighbor hood, neighbors were going off the deep end to supplement existing business, while others started businesses. Some borrowing up to a million on over inflated values then buying over inflated commercial. It was amazing how it all kicked in....and this is not related to subprime lending.

The leveraging of existing residential sparked the commercial ventures....as well as their venturing in on pre-construction of high end residential and residential/commercial mix. Some were getting unbelievablely greedy and went way beyond normal borrowing...and they were getting it!

The place went absolutely crazy. Watching the "House of Cards" documentary last night I can see why, it happened all over the country.

The whole of Fl. is upside down big time, yet you go out on Interstate 75, US 41, other than the vacant commercial, traffic is robust and everything looks normal.....lol

doni