Squeeze play

Housing afordability gap growing in SW Florida

While the continued rapid housing cost appreciation that has delighted investors, it is a monumental problem for moderate income buyers.

One of the the strong draws to this area has always been the abundance of cheap housing. While signs of job growth particularly in tourism and construction are readily apparent throughout he region, it does not appear that the growth in high paying jobs is keeping up with the pace of housing cost escalation.

It does appear that the area is benefiting from a major in-migration from the Southeast Florida where prices have risen to even loftier levels.

Tight housing market squeezes families [News-Press]

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