Gary Itskovich, left, and Donny Schreiber, right, of Nelson Mullins Riley & Scarborough. Courtesy photos Multifamily Housing Booms in South Florida Due to a 'Great Migration'
Florida's handling of the COVID-19 pandemic, its no-state income tax policy, laissez-faire business policy, and of course, picturesque beaches, have many Americans stampeding toward South Florida.
May 26, 2023 at 10:58 AM
6 minute read
Board of Contributors
No longer is Florida exclusively a paradise for retirees occupying their days with golf, playing bridge and catching the early-bird dinner special. In recent years, Florida—specifically South Florida—has experienced one of the largest migration booms in U.S. history. And according to some reports, it's expected that the population of South Florida will continue to grow by roughly 18,000 people a year for each of the next five years.
Florida's handling of the COVID-19 pandemic, its no-state income tax policy, laissez-faire business policy, and of course, picturesque beaches, have many Americans stampeding toward South Florida. The database for the Florida Department of Highway Safety and Motor Vehicles indicates that New Yorkers top the list for the most out-of-state driver license changes.
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