According to a University of Florida study, the state’s population is supposed to grow another 2 million by 2010. Now, call me cynical, but that sounds like a lot of extra alligator food to me. And by 2025, the Hurricane, I mean Sunshine State is expected to house a whopping 25 million residents.
Overall, Florida is one of the fastest-growing states in the country, and that is unlikely to change, says Stefan Rayer, a demographer with UF’s Bureau of Economic and Business Research.
So what does it all mean? Longer lines at my local Taco Bell drive thru for sure. But for you die hard pessimists, it might also mean that while we currently have a situation of too much inventory, the problem will probably be short lived. Developers are just a little ahead of the game right now, that’s all. Okay, a lot ahead. But with a growth pattern such as the latest study predicts, it looks like we’ll probably succeed in breeding our way out of this issue. And with all those extra mouths to feed, Taco Bell will have to open a new store at the end of my street. So what’s the problem?
Read the report here.