Ranking fourth in population among states, Florida remains one of the fastest-growing places in the country, adding an average of 1,000 new residents a day to its total of 18.3 million. But the state's tried-and-true formula of plentiful jobs, abundant sunshine and low taxes suddenly isn't enough to hold onto thousands of families as real-estate speculators and empty nesters are snapping up property, shrinking the supply of affordable homes for newcomers who traditionally pumped up school enrollment. And, despite being spared so far this year, there are signs of growing weariness following eight hurricanes that plowed into the Sunshine State in 2004 and 2005, causing insurance rates to skyrocket and some residents to move away before the next big storm hits.
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Tradiotional
Insurance Rates
Skyrocket
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