Still, even if a sharp downturn in the housing market occurs as some analysts predict, Florida will be less affected by it than other states because of the insulating effect of its high population growth rate, said Dr. Wayne Archer, director of UF?s Center for Real Estate Studies. Despite some people?s worst fears, housing is unlikely to suffer the same fate as tech stocks at the beginning of the decade, he said. ?Unlike tech stocks, housing has a use, which means it can?t just evaporate,? he said
At first glance, I thought it said Director of
UFO Center for Real Estate Studies. :funn: