A Long Housing Boom Won’t Yield to a Brief Recovery

July 23, 2008

Scott Almeida had a problem.

Fresh out of jail and in need of some money, Scott needed to find a job quick. Florida’s housing market was red hot in 2002, so he thought he’d shoot for a mortgage license. Scott liked shooting things—when the cops busted up his cocaine trafficking business, they’d also found a large stash of assault rifles and ammunition.

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A Long Housing Boom Won’t Yield to a Brief Recovery

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