Florida Cities Retirees Are Fleeing

It was thought of as the best place for living one's golden years.

Florida is quickly losing favor with retirees.

Remote workers and the wealthy are flocking to the state and driving up home prices.

Leaving those on a fixed income feeling the pinch.

The median price of a single family house in Florida rose $150,000 or 60%.

According to Redfin the average cost of a home in March 2018 was approximately $250,000. In March 2023 it was roughly $400,000.

Inflation and stock market dips have also negatively impacted their financial situation.

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