WARNING: These Two States Are About to CRASH (Housing Bubble)

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The Florid and Texas Real Estate Market appreciated at levels never before thought possible over the last two years. We have seen rents in Austin Texas, Miami Florida, Houston Texas and Tampa Florida increase by as much as 30% to 50%. Meanwhile with all of this new found housing demand came increased property taxes, insurance issues and now a potential change in politics around business and the economy.

I believe we are going to see a variety of changes happen to Texas and their way of life that will reduce the demand for housing, we will see income per resident fall as well as a lack of jobs. This will all happen around the same time as increased property taxes, insurance changes and a potential new governor could change Texas.

In Florida we are seeing insurance companies pull out entirely and home, condos and real estate are harder to obtain insurance coverage on. We are seeing property taxes increase and we are also see home demand begin to level off or decrease.

I believe what we will see next is more and more people leave the state of Florida due to affordability and lifestyle changes. This coupled with a potential change politically that could change the demand for Florida.

The two biggest housing bubbles in America are Florida and Texas, not California and New York.