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Posted by on Oct 4, 2010 in Business, TG Roundup

“The Big Picture” of Incomplete Housing Projects

Boston Globe features a photo essay (The Big Picture) on a number of huge and unfinished housing projects in Florida. My jaw dropped when I recognized the actual size of these projects and how much of this wasted investment is sitting on the balance sheets of many banks which passed ‘stress test.’

Seeing is believing.Take a look.

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