Zilbert's Miami Beach and South Beach Real Estate Blog

Wall Street bailout could boost South Florida housing market

Posted on: Tuesday, September 23rd, 2008 in: Market Updates

By MARTHA BRANNIGAN – Miami Herald South Florida business leaders are generally upbeat about the federal government’s proposal to buy up to $700 billion in bad debt from ailing U.S. banks and institutions, with many predicting the effort would speed the recovery of the region’s battered housing market.”Certainly, [the bailout] is giving banks and other [...]