Florida Dreamin
Young professionals moving to Florida
The brutal weather that northerners are suffering through this winter is a Florida real estate investors dream come true. The lines at RSW are long and hotels are booked solid with guests escaping the snow. Maybe one of the environmental science grad students at FGCU can help me out by correlating the relationship between the depth of the annual snowfall in Grand Rapids, MI and single-family home prices in Lee County.
In the old days, retirees would move down to the sunshine state to enjoy their golden years. Now young families are joining the fun in the sun and affordability is a driving factor. The median cost of an existing single-family home in Florida in 2004 was $182,400. In Massachusetts, it was $340,000.
With telecommuting opportunities made possible by the rapid proliferation of broadband in the home, many young professionals can live in Florida and work thousands of miles away. Even the slow moving federal government and state governments are joining the dot com mommies and jumping on the telecommuting bandwagon.
Let it snow and a hearty welcome to the new Floridians....
Snow-weary New Englanders lured by lower Florida housing costs [Boston Globe]
But do your legwork before heading south [Boston Globe]
The brutal weather that northerners are suffering through this winter is a Florida real estate investors dream come true. The lines at RSW are long and hotels are booked solid with guests escaping the snow. Maybe one of the environmental science grad students at FGCU can help me out by correlating the relationship between the depth of the annual snowfall in Grand Rapids, MI and single-family home prices in Lee County.
In the old days, retirees would move down to the sunshine state to enjoy their golden years. Now young families are joining the fun in the sun and affordability is a driving factor. The median cost of an existing single-family home in Florida in 2004 was $182,400. In Massachusetts, it was $340,000.
With telecommuting opportunities made possible by the rapid proliferation of broadband in the home, many young professionals can live in Florida and work thousands of miles away. Even the slow moving federal government and state governments are joining the dot com mommies and jumping on the telecommuting bandwagon.
Let it snow and a hearty welcome to the new Floridians....
Snow-weary New Englanders lured by lower Florida housing costs [Boston Globe]
But do your legwork before heading south [Boston Globe]
Labels: demographics, Southwest Florida
posted by Mark Washburn on 3/06/2005
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