Housing costs climb in Pensacola despite reduced demand

Florida as a whole has seen a 17.7% increase in home value over the past year according to the most recent census data, quickly overtaking every other state in the nation. While competing interests from developers, the tourism industry, conservationists and locals opposing new housing development fight it out for land in the region, there are steps that can be taken to alleviate the dilemma. The city of Pensacola and the state of Florida at-large still face an increasing demand for housing and require creative solutions in order to not lose their local populations to growing prices.

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