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Old 12-04-2006, 12:49 PM
Location: Old Town Alexandria
14,505 posts, read 23,703,030 times
Reputation: 8837


Originally Posted by tallrick View Post
I see post after post about people selling their homes in NY, NJ and LA for big $$$ and moving to Florida. They talk of how Florida is cheap for them. My question is where do these people get all this money over there? Do companies pay that much more to workers in the northeast, west coast? If so, why would any company hire employees there instead of outsourcing? Why don't Florida wages rise to reflect the influx of New Yorkers et all? Maybe some of you former northeasterners can help me understand what's going on here??
In NY/metro area people were making alot of money either from their equity, or the real estate sales prices in those areas- you may not believe it, but in NY there is no land, nowhere left to build, so the price of houses skyrocketed in 1999-2001- also from alot of what people I knew in So Fl- they relocated right after 9/11- so there seems to have been a mass exodus at this time. Very interesting thread here. Seems the developers know why people move, and take advantage.
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Old 12-05-2006, 09:15 PM
Location: Living in Paradise
5,702 posts, read 22,216,430 times
Reputation: 2986
Lightbulb Unusually empty Orlando hotels fueling state's tourism concerns

This was posted on a local newspaper, even the tourism market is taking a negative trend. This will directly reflect in the unemployment market.

ORLANDO -- Despite modest tourism growth nationally, visitation to the theme park capitol that underpins Florida's multibillion dollar industry seems to be sputtering.

The area has seen double-digit declines in September and October hotel occupancy, according to Smith Travel Research. It ranked worst in year-to-date occupancy decline among the company's top 25 U.S. destinations (excluding Las Vegas), with a 4.6 percent drop so far. In that time, the average cost of rooms has increased 9 percent to just over $100.

The tax collections for hotel beds were down 4.2 percent in October from the same month in 2005, and would likely have fallen further without the increase in room rates.

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