• Heart of Florida United Way CEO Jeff Hayward has mixed emotions Wednesday after Gov. Ron DeSantis extended the housing moratorium for a month.
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• A statewide eviction and foreclosure moratorium is scheduled to expire Wednesday.
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• Florida’s economic outlook for 2020 is good but not great, according to economic commentator Hank Fishkind. He tells 90.7’s Matthew Peddie that slowing domestic migration and tourism are worrying signs for the economy.
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• A report released this week by real-estate website Zillow says that a third of all owner-occupied homes are owned by people who are likely to die in the next 20 years. Baby boomers – people born between the years of 1944 and 1964 – own a massive percentage of the country’s housing. And not to be morbid, but once they all pass away, it will facilitate the biggest housing turnover since the construction boom of the 2000s, freeing up housing inventory across the U.S. Zillow has sugar-coated this ghoulish little nugget of data by dubbing the turnover the “Silver Tsunami,” which will “flood” the market with houses for sale, especially in Florida. Not surprisingly, Tampa, Miami and Orlando are in …
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• The campus will open August 26th to some 7,700 students. The students will take classes in 20 academic programs.
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• As the Orlando area’s housing shortage persists, college students are particularly impacted by limited living options. Sean Snaith, director of UCF’s Institute for Economic Forecasting, joins Intersection.
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• Rent rates in Central Florida have continued to rise as wages have remained stagnant, inspiring statewide calls for more affordable housing.
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