Cape Coral Residents Feel The Effect Of Florida's Decline

When Eric Feichthaler became mayor three years ago, this town was booming. The city issued 800 permits that month to build single-family homes. Cape Coral still has thousands of empty lots, but last month, it issued just nine permits. A number of factors explain the downturn, and many of them are not unique to Florida. But it is becoming clear the Sunshine State is losing some of its luster......here