Quote:
Originally Posted by Pete F.
I think a lot of people who moved there are wondering also.
“There's just no way for people living here to afford it — the salaries that they pay here don't add up to the cost of rent," she said.
In May, CBS News called Florida the "least affordable" state in the country, and a 2019 Joblist study that compared wages to cost of living ranked Florida last out of all 50 states in terms of affordability. While Florida doesn't have an income tax, many new homebuyers will face rising property tax bills and skyrocketing insurance costs.
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real estate prices are skyrocketing, because demand to live there is skyrocketing.
Here’s a newsflash Pete - state government doesn’t set housing prices in this country. They do control state income tax levels. Currently 0.0 in Florida.
The soaring housing prices hurt middle class amd below, no question. But that’s not something state government controls. We control
that, by deciding what we’re willing to pay.