• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

They're Not Celebrating in Celebration

Diary

I am in Orlando, Florida today to appear as the Keynote speaker at the 2012 Money Show. A search for a nearby bank took me to the surreal suburb of Celebration, a city developed by the Disney people during the mid-1990's. Created to evoke small town USA circa 1940, the berg tastefully replicates an America from the bucolic past, with wide parks, period street lights, white picket fences, fluttering American flags, and some of the strictest design review and zoning restrictions in the country.

Today, Celebration suffers from a foreclosure rate that is double that found in the rest of Florida. Disney was able to realize fantasy prices for its pixie dust sprinkled homes, about 30% more than equivalent property in the surrounding area. It wisely unloaded its ownership of the downtown commercial property to a California based investor group, which is no doubt regretting its move. The downward spiral began shortly after that. Prices are now thought to be 60% off their 2006 peak.

When the sheriff went to evict one unfortunate homeowner, they were held off at gunpoint for 14 hours before he took his own life. Another unfortunate resident was recently found bludgeoned to death. There is a sad irony that investors who drank the most Kool-Aid during the real estate bubble chose to live along the Southern edge of Disney World. Today, Mickey Mouse seems to be saying 'Rent, don't Buy.'

 

 

 

But That's Not What the Broker Told Me

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2012/02/Mt0bOowgMOkH_A930brwNZUER6DPtg3NMBbfieCrd08qDi9OpIU5HyEnczj-7_rZDd4GS6CgvP-5sNxByEk27tdHY8FoHPpH1fqvHWuk745xyvNCLXM.jpg 255 320 DougD https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png DougD2012-02-09 23:03:502012-02-09 23:03:50They're Not Celebrating in Celebration

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: February 10, 2012 - Quote of the Day Link to: February 10, 2012 - Quote of the Day February 10, 2012 - Quote of the Day Link to: Getting Something for Nothing Link to: Getting Something for Nothing Getting Something for Nothing
Scroll to top