Fort Lauderdale was just ranked one of the nation’s top 10 cities for real estate investment, according to a high level report prepared by real estate experts at PwC and the Urban Land Institute.
What puts it at the top? Economic growth, low taxes, and an enviable lifestyle, say community leaders.
The report was highlighted by award-winning freelance journalist Robyn Friedman, who covers the real estate, housing and hospitality industries for local and national media, including the Wall Street Journal.
Friedman describes how savvy real-estate investors are shifting away from expensive cities like New York and San Francisco, and focusing on more affordable, dynamic markets like Seattle, Austin, Salt Lake and Fort Lauderdale.
Florida boasts strong population growth, cultural diversity, access to international markets, and a variety of employment opportunities capable of attracting a skilled and competitive millennial workforce.