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Old 06-27-2013, 09:27 AM
 
Location: Somewhere flat in Mississippi
9,521 posts, read 9,399,709 times
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That is, is Florida going to end up with high taxes and a shrinking middle class?
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Old 06-27-2013, 09:28 AM
 
Location: South Florida
4,811 posts, read 5,358,221 times
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It's been on it's way for years now.
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Old 06-27-2013, 10:01 AM
 
Location: North Carolina
3,552 posts, read 6,168,743 times
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We just had an article in our paper yesterday about how "low income" buyers can't afford collier county (naples) anymore. By low income they mean homes going for $250,000 or less because the Investors are sweeping them up before anyone has a chance. First time home buyers and young families IMO are going to leave the area in droves again a la 06 with this beginning , kids graduating high school now will have no chance here in a few years when it's their turn to buy. Prices here in 06 and prior were like 110% above real market value or something.. Homes built in the 70's with no upgrades and 1,200 sqft going for $500,000. It most certainly will be the next Cali at some point , esp SWFL with the prices the way they are. They've begin building communities again and more and more office spaces. It's gonna hit hard and fast IMO and we're just seeing the start. I could be wrong of course but time will tell!
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Old 06-27-2013, 10:09 AM
 
Location: Somewhere flat in Mississippi
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I worry that water shortages will start occurring in Florida.
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Old 06-27-2013, 11:04 AM
 
Location: augusta, ks
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Colorado has been "Californianized". They are coming.
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Old 06-27-2013, 12:14 PM
 
4,988 posts, read 7,303,015 times
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Quote:
Originally Posted by Mouldy Old Schmo View Post
I worry that water shortages will start occurring in Florida.
LOL, our rainy season will prevent that.

California is very dry compared to FL.
FL is fortunate to receive ample rain and have lots of water to go around.
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Old 06-27-2013, 01:49 PM
 
Location: Somewhere flat in Mississippi
9,521 posts, read 9,399,709 times
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Quote:
Originally Posted by OptimusPrime69 View Post
LOL, our rainy season will prevent that.

California is very dry compared to FL.
FL is fortunate to receive ample rain and have lots of water to go around.

But with so many people settling in Florida, will there be enough water for everyone's needs?
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Old 06-27-2013, 02:08 PM
 
Location: South Florida
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Quote:
Originally Posted by Mouldy Old Schmo View Post
But with so many people settling in Florida, will there be enough water for everyone's needs?
It seems to always be an issue.
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Old 06-27-2013, 03:34 PM
 
Location: Lincoln County Road or Armageddon
4,229 posts, read 5,692,103 times
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Quote:
Originally Posted by Mouldy Old Schmo View Post
That is, is Florida going to end up with high taxes and a shrinking middle class?
Not exactly. Florida is going to end up with zero taxes (lots of "fees" for the commoners, though), cash starved local governments, obscenely high property insurance rates, obscenely low wages and a shrinking middle class.


Just wait until those retirees with defined pensions die off and aren't replaced (because defined pensions seem to be going the way of the dodo).

Last edited by vaughanwilliams; 06-27-2013 at 03:54 PM..
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Old 06-27-2013, 04:40 PM
 
Location: Somewhere flat in Mississippi
9,521 posts, read 9,399,709 times
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Quote:
Originally Posted by vaughanwilliams View Post
Not exactly. Florida is going to end up with zero taxes (lots of "fees" for the commoners, though), cash starved local governments, obscenely high property insurance rates, obscenely low wages and a shrinking middle class.

California has "cash starved local governments", too.
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