Uploaded by www.cellspin.net

This is a picture of a new residential building going up in Miami Beach. It is in no way the only building going up. There are at least 10 projects similar in size and price. All of them are large monuments, empty on nearly every floor. The entire coast of South Florida is littered with projects like this. The circumstances are the same...empty. In this picture, the smaller attractive building in front is also nearly brand new with commercial bottom floor and residential on up. Nearly every unit empty. Will this change-NO. Only worse.