Florida Is Growing. Can Affordable Housing Keep Up?

University of Florida

While Florida is booming in home sales and new construction, the influx of people moving to the state means affordable housing remains an issue, according to a new report from the University of Florida.

More than 450,000 people moved to Florida in 2021 and 2022, according to the report. Single family homebuilding was especially strong in a swath of growing counties across Southwest and Central Florida, including Polk, Lee, Pasco and Hillsborough counties, said Anne Ray, the manager of the Florida Housing Data Clearinghouse at UF's Shimberg Center for Housing Studies. Multifamily development was also strong but more concentrated in the state's major metro areas, including Orlando, Tampa, Miami/Fort Lauderdale, and Jacksonville.

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