Connect with us

Florida

Florida’s Affordable Housing Crisis: The Troubled Path part 1 of 4

Published

on

Florida’s Affordable Housing Crisis: The Troubled Path part 1 of 4


Brad Butler works long hours as a carpenter and home remodeler. He and his work partner spent three weeks and $6,000 of their own money updating a house in Dade City. But instead of getting paid for their work, they accepted a deal to rent the house at a discounted price of $1,400 per month for a year—because they could not find other options they could afford. After a year when the rent increases, they’ll look for other options. 

Advertisement

“I’m a very honest hard-working person, but it just doesn’t seem that the economy has it in it to make hard-working people successful right now,” said Butler.  “Prices have skyrocketed three times, I think. And just in this area.”

People who recently moved to the Tampa Bay area may not believe what houses used to cost. For example, in 1998, a three-bedroom waterfront home in St. Peterburg sold for $133,000. That was near the start of the tech boom, which helped ignite the housing crisis. 

Advertisement

Two years later, the tech boom crashed. Investors moved what was left of their fortunes into real estate, snatching up houses everywhere—but especially Central Florida. Real estate in our area had flown under the radar until the age of the internet revealed comparatively cheap homes (on or near the water) for the whole world to see. 

At the same time, banks lowered their standards—approving high-risk adjustable mortgages to high-risk buyers with lower credit scores— while investors flipped one home after another. Many starter homes got demolished and replaced by larger, more expensive homes—further reducing the supply of homes working class families could afford.  

Then, by 2008, those high-risk buyers stopped paying the soaring costs of the high-risk mortgages. Banks failed, the economy tanked and real estate dipped—but in the Tampa Bay area, houses still cost much more than they did ten years before. For example, the same house that sold for $133,000 in 1998, sold for $275k in 2009 at the end of the downturn.

Advertisement

The Great Recession and glut of foreclosures crushed home builders, reducing the supply of new homes as the economy recovered. 

“We did have a, a shortage of building for a while, especially in Florida after the market crash. You know, we were ground zero for the market crash. It took a long time for builders to get back online. A lot of builders went bust as well when that happened,” said St. Petersburg City Councilman Richie Floyd. 

Advertisement

Builders who kept going started building larger, more expensive homes for larger profits—increasing the shortage of starter homes. 

As millennials moved out on their own, they preferred urban living, which drove a movement from the suburbs to the spiraling costs of living in cities like Tampa, St. Pete, Clearwater, and Sarasota. 

Meanwhile, the government offered new tax credits for home buyers, and interest rates dropped. Warren Buffett advised his fellow mega investors to snatch up homes—saying he’d buy a couple hundred thousand himself if he could. They followed his lead by purchasing more houses, condos, and apartments across the nation—and Florida in particular. Large investors and corporations replaced small landlords and homeowners, and they charged soaring rents (especially in urban areas). 

Advertisement

Then President Trump signed new tax cuts on investment profits- fueling the real estate frenzy. 

Then the pandemic hit. Florida stood out for lifting lockdowns and restrictions before other states. That drove a flood of relatively wealthy newcomers eager to buy. 

Advertisement

“Post pandemic and during the pandemic, we saw this shift from high tax states to states like Florida, where people can work here and get the benefits of living here and that has only accelerated that challenge,” said Florida Policy Project and former Florida State Senator Jeff Brandes. 

A wave of hurricanes, a property insurance crisis, and a trend of millennials migrating south combined to burn working-class people who can’t find an affordable place to live- unless they really scrimp and live a long way from work. 

We don’t yet know the long-term impact of the Hurricanes Debby, Helene, and Milton. But studies like this one in Science Direct show hurricanes tend to drive Florida home prices up in the short term. 

Advertisement

“750 people are moving to Florida every single day. And there just isn’t enough housing being built to support that,” said Brandes. “And that’s kind of created the supply and demand challenge.”

STAY CONNECTED WITH FOX 13 TAMPA:



Source link

Advertisement

Florida

Pope names pro-immigrant pastor bishop of Florida diocese where Trump’s Mar-a-Lago is located

Published

on

Pope names pro-immigrant pastor bishop of Florida diocese where Trump’s Mar-a-Lago is located


Pope Leo XIV on Friday named the Rev. Manuel de Jesús Rodríguez, currently pastor of a predominantly Hispanic church in the Queens borough of New York City, as bishop of Palm Beach, Florida.

The diocese is home to the Mar-a-Lago estate of President Donald Trump, whose get-tough immigration policies have drawn objections from the U.S. Conference of Catholic Bishops.

Rodriguez has been a staunch advocate for migrants, which make up most of his 17,000 congregants at the Our Lady of Sorrows church — the largest parish in the Diocese of Brooklyn, which also oversees churches in Queens.

“I never, never, never expected anything even close to this,” Rodriguez told The Associated Press in a telephone interview Friday from Palm Beach, where he was visiting a homeless shelter.

Advertisement

“I’m even a little bit scared. But I trust in God’s assistance,” he said. “One thing I can tell you is that this diocese is a diocese of hard-working priests and hard-working people, and I’m here to help.”

The Diocese of Palm Beach comprises about 260,000 Catholics and 54 parishes and missions. On its website, the diocese said that Rodriguez will be ordained and installed at a future date during a Mass at the Cathedral of St. Ignatius Loyola.

A Dominican native

Rodriguez was born in the Dominican Republic and ordained to the priesthood in 2004, in the capital, Santo Domingo. He led the Our Lady of Sorrows parish in the mostly Latino Corona neighborhood of Queens when more than 100 of its parishioners died from COVID-19.

Earlier this year, Rodriguez joined numerous faith leaders across the U.S. expressing their concern about how the immigration crackdown launched by Trump’s administration had sown fear within their migrant-friendly congregations.

In his new assignment, he will lead the diocese where Mar-a-Lago — Trump’s vast south Florida estate — is located. Trump has called the resort the “Center of the Universe.”

Advertisement

“The president is doing really good things, not only for the United States, but for the world. But when it comes to the migrant, the immigration policy, we want to help,” Rodriguez said. “We want to assist the president as a church because we believe that we can do better … than the way we’re doing this right now.”

Some church leaders have condemned Trump’s immigration crackdown, saying it targets parishioners without a criminal record who are now too scared to leave home to attend Mass, buy food or seek medical care.

At many immigrant parishes, U.S.-born children have parents in the country illegally. Some of these parents have signed caregiver affidavits, which designate a legal guardian, in hopes their children stay out of foster care in case they are detained.

“When it comes to enforcing immigration laws, we shouldn’t be enforcing them by focusing on deporting 5-year-olds, 12-year-olds, 9-year-old kids, people that have never committed any crime. So, we’re here to help. We’re willing to help, and God willing, we will,” Rodriguez said.

Rodriguez said he’s in line with the Catholic Church, which staunchly defends the rights of migrants, even as it acknowledges the rights of nations to control their borders.

Advertisement

“The Church’s position about this important and urgent matter has been made crystal clear by the bishops of the United States,” he said.

Immigration a challenging issue for Catholic bishops

The Vatican announced Rodríguez’s appointment the day after it shared that Pope Leo had accepted the resignation of conservative Catholic Cardinal Timothy Dolan who led the New York archdiocese and also had ties to Trump, including praying at his inauguration earlier this year and being appointed to his Religious Liberty Commission.

On some issues, such as greater inclusion for LGBTQ+ people, U.S. bishops are divided. But on immigration, even conservative Catholic leaders stand on the side of migrants.

During their general assembly earlier this year, U.S. bishops issued a rare “special message” criticizing the Trump administration’s mass deportation of migrants and their “vilification” in the current migration debate. It also lamented the fear and anxiety immigration raids have sown in communities, and the denial of pastoral care to migrants in detention centers.

U.S. Catholic bishops shuttered their longstanding refugee resettlement program after the Trump administration halted federal funding for resettlement aid.

Advertisement

Rodriguez said the church will always be ready to defend the dignity of poor people and migrants, who over generations, “have contributed to the growth of the United States.”

“Migrants are not to be demonized … Good migrant people that are here to work hard for their families — they share many of our core values,” he said. “They’re to be not to be rejected and treated harshly but instead, they’re to be treated respectfully and with dignity. So, that’s the idea, and Pope Leo is backing us up in this.”

___

Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.

Advertisement



Source link

Continue Reading

Florida

Preview: December 19 at Florida | Carolina Hurricanes

Published

on

Preview: December 19 at Florida | Carolina Hurricanes


SUNRISE, Fla. – The Carolina Hurricanes will try to move their win streak to six on Friday when they take on the two-time defending Stanley Cup Champion Florida Panthers.

When: Friday, Dec. 19

Puck Drop: 7:00 p.m. ET

Advertisement

Watch: FanDuel Sports Network South, FanDuel Sports Network App | Learn More

Listen: 99.9 The Fan, Hurricanes App

Canes Record: 22-9-2 (46 Points, 1st – Metropolitan Division)

Canes Last Game: 4-1 Win over the Nashville Predators on Wednesday, Dec. 17

Advertisement

Panthers Record: 18-13-2 (38 Points, 5th – Atlantic Division)

Panthers Last Game: 3-2 Win over the Los Angeles Kings on Wednesday, Dec. 17



Source link

Advertisement
Continue Reading

Florida

Florida football’s Tank Hawkins announces entry into transfer portal

Published

on

Florida football’s Tank Hawkins announces entry into transfer portal


Florida football receiver Tank Hawkins announced Wednesday through social media that he plans to enter the NCAA transfer portal, bringing his time in Gainesville to a close after two seasons with the Gators.

Hawkins thanked Gator Nation on a social media post, accompanied by a graphic that reflected on his journey with the Orange and Blue and confirmed his decision to explore new opportunities.

The sophomore wideout’s announcement makes him one of the latest Florida players to enter the portal during the winter window.

A former four-star recruit out of IMG Academy, Hawkins arrived in Gainesville as part of Florida’s 2024 recruiting class.

Advertisement

Florida’s roster continues to see movement as the program navigates the offseason, with departures and additions expected to reshape the depth chart ahead of the 2026 season.

Hawkins’ career at Florida

Hawkins appeared in 11 total games during his two seasons with the Gators, contributing as both a receiver and occasional ball carrier.

As a true freshman in 2024, he played in seven games and recorded 10 receptions for 100 yards and one touchdown, while adding three rushing attempts for 11 yards. He caught a 36-yard touchdown against Samford, which marked his first collegiate reception.

In 2025, Hawkins appeared in just four games. He finished the season with two receptions for 16 yards.

Follow us @GatorsWire on X, formerly known as Twitter, as well as Bluesky, and like our page on Facebook to follow ongoing coverage of Florida Gators news, notes and opinions.

Advertisement





Source link

Continue Reading

Trending