Housing Outside The Bubble

28 July 2005 - 1:00pm

Already home to real estate speculators, costly South Florida is looking forways to house workers, too.

"Over the last five years the cost of housing in the City of Fort Lauderdale has increased by 50% to 70%... Rising property values in Florida reflect a shift in the U.S. population to states in the Southeast, Southwest and West, according to the U.S. Census Bureau...Concern over gentrification of historically ethnic neighborhoods and the displacement of existing residents is causing Florida cities to implement a variety of mechanisms to ensure a stock of both affordable and workforce housing."

Source: The Slatin Report, July 27, 2005
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Now more than ever, the future of cities and towns and villages must be something that is deliberately created through public choice.