Yep, I was at a very sad game for the Miami Heat. They lost it in the final seconds. Dwayne Wade went down with a cramp in his calf near the end of the game with the score tied and had to be helped off. Dehydration I guess. Anyway, I was sitting in the middle of Boston Celtic fans which was unnerving and it made the painful loss worse with them shouting for joy. Below: Some of the reporters lined up watching the game and their computer screens and a photo of all the green I was subjected to.
8 comments:
You got to watch the Heat's Eric Spoelstra coach his next to last game Genius.
But in more substantive matters, two Florida cities that will be front and center in the state's collapse. Today, some particularly hard-hit markets are in the unenviable position of having both elevated unemployment and high concentrations of negative equity. "Clearly, those are the markets where you are going to see some of the worst metrics on the foreclosure side," Larson says. "You are going to see a lot of people walking away [and] you are going to see a lot of distressed inventory that's being dumped on the market." To pinpoint housing markets that are facing these twin default risks, U.S. News compared negative equity data from Zillow with unemployment figures from Moody's Economy.com.
Port St. Lucie, Fla.: The housing market in Port St. Lucie, located on the southeast coast of Florida, experienced one of the most aggressive pricing booms in the state, says Jack McCabe of McCabe Research & Consulting. But the run-up in real estate values wasn't underpinned by growth in population or jobs. "These were markets that were heavily dominated by investor flippers, speculative flippers," McCabe says. "They had no intention of ever occupying the property." When prices crashed, more than 55 percent of single-family homeowners found themselves underwater through the fourth quarter of 2009. And as stagnant sales undercut the housing sector's ability to create jobs, area unemployment reached 14 percent.
Fort Myers, Fla.: Over on Florida's west coast, the housing market in Fort Myers experienced a similar phenomenon. An aggressive boom-and-bust cycle has handed negative equity positions to 55 percent of single-family homeowners. And like other housing-boom hotspots, the pain hasn't been limited to real estate values. "We had extremely low unemployment during the boom years because it was all construction jobs," McCabe says. "There was no industry growth and there was no company growth. These were all real estate-related businesses--brokers, title companies, appraisers, and on and on." After the housing euphoria subsided, many employees of real estate-related companies lost their jobs. Unemployment in the Ft. Myers area hit 14 percent in the fourth quarter of 2009.
Ocala, Fla.: The central Florida community of Ocala, which is located north of Orlando, is in the same precarious position as the coastal cities of Port St. Lucie and Fort Myers. Thirty-six percent of homeowners in Ocala are underwater, and area unemployment stood at 14 percent in the fourth quarter of last year. "All throughout Florida--from one coast to the other and in between--the market was overdeveloped and overbuilt," McCabe says. "And that includes the Ocala market."
Genius, I'm curious, when this whole thing comes down it will not spare very innocent and very smart people like you. What are you doing to prepare yourself?
I'm going to basketball games Malcolm!
Good choice.
Why blame the coach for a team that seems to have performed as well as it could with the current personnel. Great- Wade, usually good- Haslem, Wright, somewhat good- Beasley, Chalmers, Anthony inconsistant, O'Neal, Arroyo, Richardson, Cook, Jones. Too many missing pieces to go far in the playoffs.
Who's blaming the coach? I'm just telling you he'll be fired. Dwayne Wade's ego has to be protected at all costs.
Go Heat! The Heat better win today or I will have a very sad nephew who will start worrying about Dwayne Wade's free agency. :(
Spoelstra deserves to be fired for not mandating the Heat use the one foul they had left to give rather than let Paul Pierce dribble to his heart's content until he was ready to fire the game-winning shot. If the Heat had fouled him with 2-3 seconds left, the Celtics would have had to take a side out to inbound with little time remaining to maneuver for a game winning shot. That would have likely led to overtime and the opportunity for a different outcome that could have changed the entire complexion of the series. Where's Stan...oh, I forgot...in Orlando!
Thanks David for the analysis, I also wondered about why they didn't use the foul. Good game yesterday, thanks to Wade, but one guy can't make a team.
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