Economy

South Florida to Feast on Canadian Bacon

In a real estate industry that's grown fierce since the bubble burst, it's time to band together and focus on a goal we can all profit from: Fooling Canadian homebuyers.

That starts with fooling the Canadian media, and we're looking good so far, if this recent report in The Gazette of Montreal is any indication:

The subprime meltdown has devastated the United States, leaving behind a sea of foreclosures and empty homes -- all ready to be snapped up by frost-bitten Canadians with a red-hot currency.
That's the spirit! Now, just so we all stay on message, listen carefully to Kimberly Kirschner, a past president of a realtor association.
"You can get a two-bedroom apartment on the beach for US$150,000," says Ms. Kirschner, talking about a unit near Hollywood, Fla., a popular Canadian snowbird destination about 30 minutes north of Miami.
And only a slightly longer drive to the nearest outdoor hockey rink! (Or are we laying it on too thick?)

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Thomas Francis