A current ballot carried out by Florida Atlantic College’s Enterprise and Financial Polling Initiative (BEPI) discovered a majority of Floridians are hanging on to the “American Dream,” however rising bills make it troublesome to realize.
The survey polled 1,000 individuals to look at Floridians’ financial considerations, family budgets, and constraints to see if the “American Dream” nonetheless felt attainable to residents.
In keeping with BEPI, a majority of Floridians nonetheless imagine within the “American Dream,” with 53% saying it “still holds true today.”
“Floridians believe in the ‘American Dream,’ but they are paying dearly for it,” stated Monica Escaleras, Ph.D., chair of the division of economics and director of BEPI. “The Florida promise of sun, growth, and upward mobility remains alive, but it is getting expensive to hold on to.”
Practically 50% stated they’ve thought of shifting out of Florida resulting from the price of dwelling, 43% stated they reside paycheck to paycheck. On the identical time, 41% p.c rated the U.S. financial system as wonderful or good.
“The moving consideration rate is striking as it suggests that while Florida attracts new residents, many current ones feel squeezed enough to think about leaving,” stated Eric Levy, assistant director of FAU’s BEPI, in a launch from the college. “An affordability anxiety shadows Florida’s boom economy: can residents afford to live here and provide for themselves?”
See the total outcomes of the survey right here.
Florida contractor accused of taking hundreds for counter tops that had been by no means put in
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Florida contractor accused of taking hundreds for counter tops that had been by no means put in
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