Part 5/8:
The issue of affordability is reaching crisis levels, not only in Florida but nationwide. Older residents on fixed incomes are particularly vulnerable as property taxes and insurance costs climb. Governor Ron DeSantis attempts to tackle this through legislative measures designed to raise homestead exemptions, but local governments—sensitive to potential tax revenue losses—oppose this solution.
The Investor Boom and Market Saturation Risks
The conversation inevitably shifts towards the impact of investors, particularly large corporations, purchasing residential properties. Increasingly, entire neighborhoods are being bought by institutional investors, which skews the market in ways that can lead to crash scenarios similar to those seen in the 2008 financial crisis.