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The economy in Florida (and Texas) is great. Lots of money there right now. I had a friend move from Ohio to Florida, he has 4 times the customers down there an
by bluedino 5y ago
The economy in Florida (and Texas) is great. Lots of money there right now. I had a friend move from Ohio to Florida, he has 4 times the customers down there and they all spend more.
- op00to 5y agoI wonder where all that money is coming from. Oh yeah, resource extraction.
- mateo411 5y agoWhat are the resource extraction industries of Florida?
- tk75x 5y agoDisney, Universal, cruise lines...? If the resource is tourist cash.
- mateo411 5y agoTourism is usually considered part of the service industry and not resource extraction. Resource extraction is more like mining, timber, and extracting other raw materials from the earth.
- op00to 5y agoOil drilling, mining, the usual.
- nostromo 5y agoThe current boom in the US is from money printing, and it's nation-wide.
- beerandt 5y agoBut people in places with fewer covid restrictions have a much better ability to spend it, and have been. Eg, beach condos are getting 3-4x normal prices this summer and are still sold out.
- tastyfreeze 5y agoLess taxes means more pocket money.
- the_only_law 5y agoTexas I get, but I still don’t get the appeal of Florida. The job market feels terrible for a population this size. I’d sooner go back to GA or NC. It’s also hot as shit, and this is from someone who’s lived their entire life in the south.
- rs999gti 5y ago> appeal of Florida No state income tax, warm weather, as much pro sports as CA or TX, and beaches on three sides