Friday, June 23, 2006

Florida Land Boom

I’m in the middle of writing my morning Dkos edition and I found an article that fits so well into the Georgist paradigm, I wanted to bring it to your attention by itself.

Some of the Highlights include

  • Miramar makes the top 10 of fastest-growing cities in the nation, but city leaders say its population boom is easing up.
  • Over the past decade, people from all over the world have flocked to Miramar and other cities in West Broward in search of newer homes, better schools and safer neighborhoods.
  • But in recent years, large tracts of open land gobbled up by subdivisions, office parks and retailers has slowed the city's building boom considerably.

  • The years of double-digit growth in the early 2000s slowed in 2004-05 to around 5 percent, the same as the year before. Despite its slower growth, the city added 5,256 residents, making it the eighth fastest-growing city in the nation among cities of 100,000 or more population, according to figures released by the U.S. Census Bureau this week.

  • Miramar is not the only Florida city to land on the Census Bureau's top-10 list: Port St. Lucie, in St. Lucie County, was third, and Cape Coral, Lee County, is fifth.

Now, go back and read my Boom Bust cycles and the Neoclassical myth, specifically look at the timeline, and see how the above timeline fits in. Once you’ve done that go HERE and read up on the Florida land boom and bust of 1926. Funny how these things happen isn’t it?