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housing depression

Jeremy Stewart: Overregulation, not elections, slows Florida housing market recovery

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Florida’s current economic and regulatory environment work against a speedy recovery from the housing depression. To echo the statement made by Florida Office of Economic and Demographic Research Coordinator Amy Baker during the National Economic Estimating Conference Nov. 14, Florida’s economy is heavily dependent on construction making a comeback, which seems slow in its revival. Many credit the presidential election for continuing to weaken the homebuilding market, making housing forecasts for 2017 relatively indeterminable. However, obstacles to increase the construction industry has…

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