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But expensive housing isn’t the only thing repelling retirees from the state. Inflation and stock market dips have also negatively impacted their financial situation. In response, seniors are ...
Ken H. Johnson, an economist at Florida Atlantic University, attributes this growth to retirees being priced out of South Florida. “It’s more affordable,” the couple’s real estate agent ...
'Bigger bang for your buck': Florida is getting too expensive for some retirees — so they're looking toward Alabama to save money during their golden years Serah Louis January 1, 2024 at 8:30 AM
Florida had the highest percentage — 20% — of homeowners paying that annual amount for homeowners insurance in 2023, according to the Census Bureau 2023 American Community Survey, released ...
The 2000s United States housing bubble or house price boom or 2000s housing cycle [2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble , it was the impetus for the subprime mortgage crisis .
The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity is a book published in April 2010 by Richard Florida, a professor at the University of Toronto's Rotman School of Management. The book puts into context Florida's urban development theories and the financial crisis of 2007–2008 to describe the future of cities.
The Housing and Urban Development Act of 1992 established an affordable housing loan purchase mandate for Fannie Mae and Freddie Mac, and that mandate was to be regulated by HUD. Initially, the 1992 legislation required that 30 percent or more of Fannie's and Freddie's loan purchases be related to affordable housing.
Florida Gov. Ron DeSantis has sent a not-so-subtle message to lawmakers regarding the financial crisis that could take place in South Florida — and in other condo-heavy areas of the state ...