Real Estate Experts say that the excess of condos will cause a recess in South Florida

The downtown Miami skyline is filled with pre-constructions. Thousands of condo units are being built but not enough people with the money to fill them up. Some of the most beautiful properties are taking longer and longer to be sold. These extravagant condos with ocean view and so on, are just adding to the other 20,000 condo units on sale now. 37 buildings are going up as we speak! Experts are predicting a crash in our near future in both the Real Estate market and the job market. Housing accounts for 20% of Florida's job market. A condo crash "will cut through all sectors of Florida's economy". I suggest to everyone to just sit tight and count their nickels and pennies for the time being. The only bright side is that the market has done this before and.....what goes down ..... must come up!