Thursday, June 3, 2010

Fat Joe Out Of Dough?

Rapper Fat Joe is selling his dream home in South Florida, for $1,999,999 after spending years building it. The home is located in the city of Plantation, which is just outside Miami, Florida.

Fat Joe

Recently released figures indicate, the property market in South Florida has hit record lows this month, with homes losing even more of their value. Properties have not rebounded after the 2008 financial crisis, as many that previously bought or built homes at premium prices, are currently saddled with devalued real estate, worth as little at 25% of their original value.