Affordability still an issue needing a fix

OUR VIEWS WORKFORCE HOUSING CRISIS

Palm Beach Post Editorial Board

All is not sunshine and beaches with the Florida economy. At least not when it comes to housing affordability.

GateHouse Media Capital Bureau correspondent John Kennedy reported last week the percentage of Florida households owning homes has now plunged to “its worst level ever seen, with data going back more than three decades.”

State economist Amy Baker told the Legislative Budget Commission that while home prices and sales have rebounded from the depths of the Great Recession, more Floridians are now being forced to rent in an extremely tight and costly market.

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