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Article: A year of living expensively: With insurance premiums skyrocketing, gas prices rising and home values shrinking, many residents of South Florida felt squeezed financially.
- Article from:
- South Florida Sun-Sentinel (Fort Lauderdale, FL)
- Article date:
- December 31, 2006
CopyrightCOPYRIGHT 2006 South Florida Sun-Sentinal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Harriet Johnson Brackey
Dec. 31--The housing market, sinking faster than a D-Wade jump shot, was a business story we all watched this year. That is, if we had any time off from working so hard to pay our property insurance premiums. Nor was there much extra money left after filling the gas tank. The house and the car, those two South Florida essentials, were the biggest pocketbook stories of 2006. Sure, there were plenty of other important business issues to watch. Burger King went public. Financier John Kim of the KL Group went to jail. Comcast got bigger when it took over Adelphia's South Florida operations. FPL chalked up another failed merger ...
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