Are Californians packing up for Florida as DeSantis says?

Florida is more likely to proceed to attract older individuals and retirees, however simply how a lot it is going to entice others will depend upon what occurs with housing costs and financial progress in each states. “What’s new is that Florida has emerged in its place for industries which have traditionally been massive in California,” mentioned Joel Kotkin, a fellow at Chapman College who has written broadly on California demographic, social and financial traits. That features tech and the industrial area trade, he mentioned, and growth of its ports. Inflows of enterprise capital will assist Florida continue to grow. Final December, Florida introduced $2 billion in investments from asset supervisor BlackRock. To some extent, it is a sample in lots of elements of the nation. No less than partially, that’s as a result of, as tech-related industries have developed and matured — sprouting an limitless number of new items and providers — it’s not needed for each enterprise to be situated within the cities and states the place all of it started. Nonetheless, few individuals anticipate a rush of Californians heading to Florida. There are many different alternate options lots nearer, notably Texas, Arizona and Nevada, which have lengthy been the highest three locations for Californians. Apart from, Kotkin mentioned, “Californians by no means had the motivation to maneuver to Florida for the climate.”