Quote:
Originally Posted by Kngkyle
As an Illinois taxpayer I'm super excited to fund the redevelopment of communities in South Florida again.
I'm quite bearish on the future of Florida. Not just for environmental reasons (what most people talk about) but for demographic reasons as well. A major factor contributing to the "success" of Florida is the mass retirement of baby boomers (& their pensions) moving in mass to the state. The generation following the boomers has no hope of filling their shoes once they die off.
Florida residents actually being required to pay for unsubsidized hurricane and flood insurance would also gut demand.
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The Chicagoans I know with pensions were planning on Arizona more than anything else. A few who said Florida before are defintely having second thoughts after all these hurriances.
I'd say Arizona, Mexico (yes) and San Diego is the order for upper middle class people I know in the Chicago area.