What state would you recommend to build spec. homes in 2006 and why? *Investment vs. return?

The Rise of Population in Florida has caused demand for housing. There is plenty of real estate in florida avaliable and the average home goes for about $400,000
If you choose to rent about $1200 to 1400 a month and the building cost is signifcantly less

I love NC so it is not fair for me to answer that question, my answer would be very obvious, but for Rent Vs Buy check this website
http://realestate.yahoo.com/calculators/...
and select " Rent vs. Own calculator" it works great

Stick to CA. Find some cheap land (or affordable land) and build to your hearts content. There simply isn't enough housing to go around so you will make money.

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