from Fox Business
Thousands of Americans fled from New York to Florida during the pandemic to escape high taxes and crime rates, and that hot trend is proving to stand the heat, according to one real estate adviser…
In 2022, Florida saw the biggest rush of new residents migrating from predominantly blue states with steep taxes, with about 319,000 Americans making the move there, according to data from the National Association of Realtors. That amounts to a population increase of nearly 2% – well above the 0.4% national growth rate recorded in the U.S. between July 2021 and July 2022.
On the other hand, Democrat-led states including California, Illinois and New York saw the biggest declines in population while being home to some of the highest tax burdens in the U.S.
Staffuer claimed homebuyers are continuing to seek out their best “quality of life” options…
Florida cities like Sarasota, Bradenton and Palm Beach have reportedly been “bursting at the seams” with new neighbors. The state’s CFO claimed their infrastructure is prepared to provide for growing demographics.
“Our roads, our bridges, our infrastructure is in really good shape. But it’s not a sprint, it’s a march. Every single year you have to make those types of investments and commitments,” Patronis previously said. “Right now, we’re in the best fiscal health we’ve ever been in the history of the state with over $20 billion in reserves. We’ve never had this low of a debt-to-reserves ratio.”…
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