Are there signs of declining rents in Florida? Have you seen investors dive in, looking for bargains, then once again grow nervous as rents decline?
I do believe your neck of the woods is ahead of us out here in sunny Ca.
OT, but you gotta love the action in the Treasury yields — another hedgie wedgie, it looks like, as so many had “curve steepener” bets. When everyone jumps on one side of the trade …