I saw the same article in the Reader. FYI…Condo in Boca was listed at 550,000 last weekend and if you bought that day, it was yours for 400,000. Brand new, you pick the colors. tile, granite etc etc. No buyers took the bait. WOW! Alot more pain in south fl compared to SD county. Your lucky out here. No hurricane bs to live with or uncontrolled insurance costs. 1000% increase in premiums, cancelled policies with no one looking to pick up your 2mm beach house..Yikes!!!! Adjustable mortgages, whatever? Adjustable insurance premiums are killing the fixed expense crowds. People are praying for a no hurricane season. Better odds in Vegas.