Recession causes Florida’s population to drop for first time since 1946

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"Florida’s economic slump has pulled down the state’s population, which declined for the first time since military personnel left the state after the end of World War II, according to the latest preliminary population estimates from the University of Florida.

The loss of more than 58,000 residents is connected directly to Florida’s change from an employment-producing to a job-loss state, said Stan Smith, director of UF’s Bureau of Economic and Business Research, who led the research.

“The population decline is really a reflection of how severe the national recession has been,” Smith said. “Traditionally, Florida’s growth has been spurred by both a booming economy and a booming housing market, and both have seen substantial losses over the last couple of years.”

During the year leading up to April 2009, the Sunshine State is estimated to have lost 58,294 residents, with its total population falling from 18,807,219 to 18,748,925, Smith said. Compounding the problem is the housing market meltdown, which made it difficult for people who otherwise would want to move to Florida to sell their homes or get a loan to buy a house, he said.

The population loss — the first since 1946 — is spread across Florida because the factors that contributed to the decline exist statewide rather than regionally, Smith said."

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Miami has huge, tall condos mostly empty

however South Beach is doing well what with numerous TV shows taking place there. including the reality show on women cops, etc.

nt

But, South Beach is the home for Miami Social, which may just be the most vacuous reality TV cast in history. We're so proud here in South Florida.

the beholder

can't afford to move. The depression has people stuck for 2 reasons. They can't sell their house and there is no where to move where there are any jobs.

:)

My first thought. :thumbsup:

Gettin' just a little too crowded 'round here.

to find a place for cheaper rent?

If they're first time homebuyers, they can get cash from the government, combine that with purchasing a foreclosed home, and own a home for a song.

but will probably have to settle for significantly less than that, since no colleges are hiring at all.