Floridians can blame vacation homes and 'oppressive' homeowners associations for their high rents, economist says

Jan 11 2023 by Business Insider

 
Panama City Beach, Florida

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Too many vacation rentals and strict homeowners associations are pushing up housing costs, a study said. Renters in some areas of the state are paying as much as an 18% premium for their apartment.  An economist at Florida Atlantic University said the issues could stifle Florida's economic growth.

Florida's rental market is causing so much pain to everyday workers that it might stifle the state's economic growth. At least that's the...

Continue Reading Floridians can blame vacation homes and 'oppressive' homeowners associations for their high rents, economist says