Commercial investors know already what a Cato Institute study just declared: Florida is the freest state in the nation. The Cato Institute study ranks each state in the union according to “how its public policies promote freedom in the fiscal, regulatory, and personal freedom spheres.” The State of Florida managed to snag seven Top-10 rankings including four First Place rankings. The four top rankings were in the categories: Overall, Fiscal, Economic and Cable. The Cato Institute is a Washington-based think tank.
“Floridians should be proud of their No. 1 ranking,” William P. Ruger, the study’s co-author, wrote. “Florida’s leaders have largely avoided restrictive policies that have harmed economic growth in other states while making opportunity-enhancing reforms that have benefited current residents and the hundreds flocking to the state each day.”
He and and co-author Jason Sorens developed the ranking system. It examines state and local government intervention across over 230 policy variables in 25 categories. Categories include insurance affordability, taxation, regulatory policies and many other categories pertinent to commercial investing, though the focus is not on commercial investing. It also included categories pertinent to individuals like victimless crime enforcement.
The study stated:
“Over the past two decades, Florida has made tremendous strides protecting liberty, limiting government intrusion into the lives of Floridians, and promoting economic prosperity. It’s why more than $156 billion in annual income has migrated from high tax states like New York [which ranked worst] to Florida.”
Florida scores first in fiscal policy.
“Florida’s state-level tax collections are more than a standard deviation and a half below the national average, while its local tax collections are about average.”
RE/MAX Keys Connection
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The RE/MAX Keys Connection office is located in the Historic Heritage House in the heart of Old Town, conveniently located immediately nearby major downtown hotels. Our unique, cafe-style real estate office offers our valued clients a welcoming, upscale, professional environment. Enjoy complimentary beverages, free wi-fi, and a private conference room or expansive front porch, depending on the level of privacy you’re most comfortable with.
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RE/MAX Keys Connection’s owner and broker Curtis Skomp is one of South Florida’s top commercial real estate brokers. With over two decades of experience and a CCIM (Certified Commercial Investment Member) designation, Curtis has brokered commercial real estate including industrial properties, shopping centers, strip malls, trailer parks, bars, restaurants, hotels and multi-unit apartment buildings. Unlike many brokers, Curtis isn’t intimidated by bank foreclosures either.
RE/MAX Keys Connection offers clients international exposure with local service. Our service area includes Key West, Big Pine Key, Marathon, Islamorada, Key Largo, and all of unincorporated Monroe County. Our office is fluent in Spanish, which is highly important when doing business in Southern Florida.