Why is Everyone Leaving Florida?

Why is Everyone Leaving Florida? Florida is the Sunshine State—no income tax, year-round golf, world-class fishing, and beaches people dream about. But here’s the truth: thousands of residents are packing up and leaving. Miami-Dade alone lost 67,000 residents last year, and Tampa Bay just landed on the top 20 list of U.S. cities people are leaving. So, what’s really going on? In this video, I break down the 7 biggest reasons people are leaving Florida—and what it means for the housing market here in Palm Beach and across South Florida. 1. Skyrocketing insurance premiums (up 42% in one year) 2. The condo crisis and six-figure special assessments 3. Florida’s affordability crunch—rising home prices & rents 4. Brutal summers, bugs, and lifestyle fatigue 5. Politics & cultural shifts 6. Traffic & congestion from explosive growth 7. Climate risks—hurricanes, floods, FEMA flood map changes Despite these challenges, wealthy buyers, retirees, and international investors are still pouring in. Florida isn’t crashing—it’s shifting. And if you’re strategic, this market can still be one of the strongest investments in the country. If you’re considering a move, an investment, or just want to understand the real estate market better, this video is for you. 👉 Looking to buy or sell in Palm Beach or South Florida? Check available listings here: www.soldwithjoel.com 📅 Book a private call with me: Schedule on Calendly: https://bit.ly/3Iks4NF Want to stay updated on new videos? please subscribe: 👉👉👉 https://bit.ly/soldwithjoelsubscribe #PalmBeach #WestPalmBeach #SingerIsland #LakePark #NorthPalmBeach #JunoBeach #PalmBeachGardens #Jupiter #Tequesta #realtor #palmbeachrealtor #FloridaRealEstate #PalmBeachRealEstate #LeavingFlorida #FloridaHousingMarket #JoelPoulin