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Fed Up With So Many Northerners Moving To Florida? All That Frustration Is Shown In A New Study – South Florida Sun Sentinel

Over 73% of Floridians polled believe that too many people have moved in from out of state, according to a survey from Mphasis Digital Risk, a tech company for residential real estate lending.

“You are starting to see people getting really priced out of the market, or migration happening within the state itself to more affordable areas,” said Kim Lanham, senior vice president of Florida based Digital Risk. “It’s this perfect storm, if you will, of a housing crisis.”

“It’s no surprise that out-of-staters have come around to the benefits of living in the Sunshine State,” said Jeffrey C. Taylor, co-founder and managing director of Mphasis Digital Risk and a board member of the Mortgage Bankers Association. “Weather, family, amenities and taxes, in that order, are the chief reasons homeowners cited for living here. However, it’s clear that the state’s booming popularity may force longtime residents to rethink living in their communities or even Florida itself.”

“It’s probably going to be another two years before things start to level out and catch up,“ added Lanham. “It takes a while for developers to go through the building process.

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