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Why Are Retirees Leaving? In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was ...
“In addition to inflation, housing prices and increasing costs of living in Florida, retirees are also leaving for other reasons,” says Dutch Mendenhall, Founder of RAD Diversified REIT ...
Boomers are still obsessed with retiring in Florida, even though many of their peers have been priced out of the state. Chloe Berger. November 30, 2023 at 10:29 AM. Cavan Images—Getty Images.
A more recent study from Seniorly, a platform for senior living resources, says Florida is one of the least affordable states to retire to. Iowa also topped its list. Iowa also topped its list.
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 ...
“That’s what made Florida — the 55 [and] over retirees who really created our beautiful state,” Schmal says. “Now, they’re being punished for it.”
Aging experts unveiled a grim outlook for aging seniors who increasingly are impoverished and dependent on government help to get by. And in South Florida, they say the numbers are reaching more ...
Florida saw an increase in most types of offenses in 2023 compared to the prior year. Simple assaults shot up 66% compared to 2021, while aggravated assaults jumped 65%, according to data from the ...