Nearly a thousand people are moving to Florida every day, as those living in high-tax states seek shelter during the coronavirus pandemic. Home sales have doubled in some parts of Florida, and the state is bringing 950 new residents in per day, The New York Times first reported, citing data from the International Sales Group’s summer 2020 Miami Report and an August report from Douglas Elliman.
“Florida has consistently been one of the most desirable states in terms of weather and tax climate, maintaining a strong daily average population growth throughout the last couple of decades,” the Miami report notes.
Migrants have been flocking to Florida from Northern states such as New York, Illinois, New Jersey, Connecticut, and Massachusetts based on tax return filings.
Read More: https://www.foxbusiness.com/real-estate/moving-to-florida-high-tax-residents-seek-shelter-report