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Revisiting Housing Affordability in Florida – SB 102 Offers Good Solutions

Blog, Research

As Florida continues to grow, we must ensure that our state remains affordable for people to live, work, and play. Florida’s current population boom saw the state increase its population by nearly 15 percent between 2010 and 2020. The state added a little less than three million residents in under a decade. Florida is currently the fastest growing state in the nation, and we should increase our housing stock to meet these population pressures. 

Florida Economic Forecast 2025 – 2035

Economic Forecast, Research

Florida’s economy reached $1.85 trillion in Q3 2025, ranking first among all 50 states and the District of Columbia in economic growth. This fourth installment of Florida TaxWatch’s quarterly economic forecast series — produced in partnership with the Regional Economic Consulting Group — examines whether that momentum is sustainable through 2035.

2024 Update: Long-Term Rental Markets In Florida

Housing Affordability, Research, Tourism

This Florida TaxWatch commentary highlights the imbalance between the demand and supply of rental units in the state, leading to rising rental costs. The document notes significant increases in rental prices since the pandemic, with specific emphasis on metropolitan areas like Miami, Tampa, and Jacksonville. It also addresses the impact of these rising costs on Florida’s workforce and economy, including the implications for cost-burdened households. The paper further examines state-to-state migration trends, particularly focusing on Florida residents moving to Georgia for more affordable housing options. The overall narrative suggests a complex interplay between economic factors, housing market dynamics, and demographic shifts in Florida’s rental market.

The Impacts of Impact Fees on the Cost of Housing

Economic Development, Housing Affordability, Research

Two main drivers of Florida’s economy are tourism and real estate development. With an estimated 1,000 people moving to Florida every day, real estate development puts a strain on public facilities (e.g., roads, water and wastewater system, etc.) and services (e.g., police, fire protection, parks, etc.). Local governments rely on impact fees to generate the money necessary to accommodate the impacts of new development on existing public facilities and services.

Florida’s Housing Market: Trends of Supply and Demand

Housing Affordability, Research

As Florida continues to grow, the development of infrastructure (e.g., roads, water and wastewater systems, parks, etc.) must keep pace. In January 2023, Florida TaxWatch released “Economic Commentary: An Update on Florida’s Housing Rental Market,” which evaluated the troubles Florida has experienced with the ever-rising cost of rent. In Florida, the cost of rent has jumped by 36 percent since 2020, with much of the increase occurring in 2021 alone.

Florida TaxWatch Announces Taxpayer Priorities for 2023 Legislative Session

Releases

Tallahassee, Fla. – Today, Florida TaxWatch released a list of taxpayer priorities for the 2023 Legislative Session, which begins on Tues., March 7 and is scheduled to adjourn on Fri., May 5. The list reflects a range of issues that the independent, nonpartisan taxpayer research institute has examined and will continue to closely monitor during the upcoming session. 

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