Hurricane Ian received top billing coverage as it approached, passed over, and then left Florida. The results so far are better than the minimum of $30 billion in damage some expected.

But what happened was bad enough, and that might affect something that Florida real estate, business environment, and entire economy has depended on: population migration.

There are two aspects: in-migration from other states and then movement within the state. Between April 1, 2020, and July 1, 2021—the most recent available numbers from the Census Bureau—Florida was one of the states that has seen the highest net increase in population change, significant portions of which are due to migration.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.