JaxPoliticsOnline.com

Observations and musings on Jacksonville Politics

Florida: the Sunset State

… In the the past five years, the number of out-of-state residents applying for Florida drivers’ licenses tumbled from almost 600,000 to barely more than 400,000…

In 2000, the population was almost 16 million, and it’s almost 19 million now.

But it’s slowing.

Population growth was between 2 and 2.5 percent for most of the past decade.

It dropped to 0.7 percent last year.

The foundations of the dream — good weather, plentiful work, inexpensive housing — have been undermined by hurricanes, the building bust and now the mortgage crisis.

Last year, United Van Lines and Allied Van Lines took more people out of Florida than they brought in. Retirees are going instead to Georgia, Alabama, Tennessee, Arizona.

The state’s unemployment rate is the highest it has been in 16 years.

The foreclosure rate is second-worst in the country.

Insurance? State Farm stopped writing new property coverage last year and wants out of its 1.2 million policies in Florida. The cost of property insurance has exploded.

Tourism is down for the first time in seven years.

Even Disney’s theme-park profit in the fiscal first quarter dropped 24 percent.

The Magic Kingdom is offering buyouts.  [St. Pete Times]

And while Floridians are applying for food stamps at a record breaking rate and an estimated 300,000 homes currently sit empty, the Florida Home Builders Association, the Association of Florida Community Developers, and the Associated Industries of Florida want to loosen existing laws so they can build more homes, offices, and stores.  [St. Pete Times]

Go figure.

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Filed under: Florida, Florida Legislature, Florida Politics, , , , , ,

One Response - Comments are closed.

  1. why says:

    The state farm issue is that the government has restricted how it can do business… customers want their service, state farm wants to provide… FLORIDA wont allow them to charge rates…. thats government failure right there!

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