(Carl Cronan is editor of RealEstateFlorida.)
MIAMI-Finding a silver lining might have been difficult amid thedoom and gloom relayed during Incisive Media's third-annualRealShare South Florida conference Wednesday at the Hyatt Regency.Yet that didn't prevent a few panelists from trying to present someupside to a downtrodden commercial real estate market.
Keynote speaker Mark Vitner, managing director and senioreconomist for Wachovia Corp., pointed out that Lee County may beamong the nation's worst housing markets because it had zero growthin single-family home construction starts this past spring. On theother hand, Vitner said, "You can't have negative housinggrowth."
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