Growth in Fort Myers and Cape Coral, Florida
Hello BP Community,
Wallethub just named Fort Myers, Florida the fastest-growing city in the USA. Cape Coral was ranked number 24.
Having only lived for extended periods in two very different cities, Portland, Maine and Los Angeles, I'm not sure what to expect with the projected influx of people, growth, and what that brings. I've lived in the Cape Coral/Fort Myers area for six years and was asked yesterday by Wink News what the effects might be on the housing market. As a Realtor, that much I understand. The gist of the broader story related to potential positives and negatives of such growth and I was curious to hear what BP members have experienced in their own communities that have undergone rapid growth.
Where I grew up and spent my twenties, in Portland, Maine, I don't think the population changed at all; thank you six months of winter. And Los Angeles was always a huge metropolitan behemoth the 15 years I lived there. I'm curious to hear any first-hand accounts of the good, the bad, and the ugly of rapid population growth. Obviously things like congestion and crime are potential concerns, but what else should we be looking forward to down here in SW Florida as far as opportunities go? And what about investment strategies?
Thanks!