According to Forbes, firms are leaving California and New York in droves and opting for Florida, where the weather is warmer and taxes are lower.
Questions:
- What are some of the factors leading to this super-charged Florida boom?
- What specific factors are associated with high density states like New York, Connecticut, New Jersey, Illinois, and Massachusetts and the movement of their residents to Florida?
- How many major financial firms are seriously considering a shift in staffing to South Florida?
- What types of businesses are highlighted in the video and are mentioned in the Zanotti article as setting up satellite locations in Florida? Discuss whether you see this as a lasting trend.
Source:
Taylor, P. (2021). South Florida’s Real Estate Market Is Now Officially In Super-Boom Mode. Forbes, Feb. 19 (Retrievable online at https://www.forbes.com/sites/petertaylor/2021/02/19/south-floridas-real-estate-market-is-now-officially-in-super-boom-mode/?sh=2906936f5fc0)
Zanotti, E. (2021). New York Businesses Now Fleeing To Florida. The DailyWire.com, Feb. 14 (Retrievable online at