News Formal

Florida transplants from California affect rental market - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Why more Californian transplants matter to the local rental market

based on data from the U.S. Census Bureau and the IRS for the 2019 and 2020 tax filing years shows the average adjusted gross income for incoming residents to Orange County: from Los Angeles County in California , Cook County in Illinois and Bronx County in New York .

“The demand has been crazy and it’s just going to increase even more,” Richardson said."That’s why we’re seeing so many luxury apartments going up." Of course, not all newcomers from California are renting apartments, but Richardson pointed out that even if those new Floridians are buying homes, their ability to outbid local buyers means more renters who normally would be ready to transition to home ownership are remaining in the renter pool.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 599. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

See images of the annual Florida-Georgia game in Jacksonville - Jacksonville Business JournalHere's a gallery of photos from Georgia's victory over the Gators at TIAA Bank Field.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Florida transplants from California affect rental market - Jacksonville Business JournalThe average adjusted gross income for incoming residents from out of state in many cases is much higher than that of local residents.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Here's what’s next for the USS Orleck in Jacksonville - Jacksonville Business JournalThe historic ship will soon be host to multiple events and overnight guests as organizers try to keep the floating museum relevant.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Here's what’s next for the USS Orleck in Jacksonville - Jacksonville Business JournalThe historic ship will soon be host to multiple events and overnight guests as organizers try to keep the floating museum relevant.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Boeing gets $11M contract for additional P-8 work in Jacksonville - Jacksonville Business JournalBoeing gets $11M contract for additional P-8 work in Jacksonville
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »