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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:

  1. What are some of the factors leading to this super-charged Florida boom?
  2. 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?
  3.  How many major financial firms are seriously considering a shift in staffing to South Florida?
  4. 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