Florida's Soaring Housing Prices Push Out Middle-Class Locals

Wealthy newcomers moving to Florida are driving up housing prices, forcing middle-class residents to move out in search of affordability.

Locals are moving to smaller southern cities like Greenville, Knoxville, Huntsville, and Asheville.

Real estate agents say those leaving are middle-class workers like teachers, nurses, and first responders who can't afford the ritzy lifestyle.

Billionaires and financiers moving to South Florida are spending record amounts on mansions, reshaping the housing market.

Locals moving out cite high costs, traffic, crowds, and keeping up with wealthy neighbors as reasons for leaving post-pandemic Florida.