I have some mountain property I’m holding for my grandkids to sell in another 30 years. Good views, too. Halfway between Florida and Maine and with pretty near perfect year-round climate. Just sorry the grands will have to deal with the population explosion and the drama of finer sifting by financial status.
This may help explain why in our home town, landlocked Osceola County and Kissimmee/St. Cloud, just South of Orange County, property values have been rising recently by 15% per year, compared to under 5% nationwide. Osceola County is growing in population at 3.71%, six times the national average and more than twice as fast as the rest of Florida. It is one of the fastest growing counties in one of the fastest growing states in the US.
At that rate of growth, Osceola County will double in population in less than 20 years, and this does not even account in any way for evacuation and migration from the coasts, or for our increase from displaced Puerto Ricans. Jobs growth is 8.6% per year, way above the Florida average of 2.66%. So the energy in Florida is shifting from the coasts to the inland counties as an artifact of this process. It is a trickle now, but may become a flood as coastal properties lose value because of salt water intrusion and sea level rise.
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