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Florida’s economic future is under threat from a severe affordable housing crisis. The state’s rapid growth is phenomenal, but we cannot become a victim of our own success.
The Florida panhandle (also known as West Florida and Northwest Florida) is the northwestern part of the U.S. state of Florida. It is a salient roughly 200 miles (320 km) long, bordered by Alabama on the north and the west, Georgia on the north, and the Gulf of Mexico to the south. Its eastern boundary is arbitrarily defined.
Both short-term and long-term rental owners are required to obtain a business license, but those renting residential property to the same person for less than 90 days must pay 10% state and local ...
Panama City Beach is a resort town in the Florida Panhandle, and principal city of the Panama City Metropolitan Area. It is a popular vacation destination, especially among people in the Southern United States, and is located in the "Emerald Coast" area. Panama City Beach had a population of 18,094 at the 2020 census, up from 12,018 in 2010. [4]
After nearly sixty years, St. Joe decided to get out of the paper business. The mill was sold in 1996 to Florida Coast Paper for $390 million, and that company was able to operate and produce paper until the decline of the container board market. Florida Coast Paper closed the mill on August 16, 1998, [22] and did not reopen. The mill was gone ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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