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Black Swan Lands at The Beach

We have long predicted that beach communities would experience what South Tampa residents had already gone through --  the process of gentrification. New Floridians fell in love with South Tampa's history, convenience to business districts & shopping, towering oak trees & excellent schools but were frustrated by the selection of small, energy-hogging houses with big yards and small garages. So after long time residents of South Tampa gradually died or relocated, new owners swooped in to tear down the cracker boxes and replace them with energy efficient, 3+ bedroom houses with modern kitchens & maintenance-free yards. Historically, homes near the beach were owned by part time residents.  Most either lived in large, updated, attractive homes across the Bay or they were from "up north",  often from the Rust Belt.  Neither of these groups needed full sized houses at the beach. They bought "beach cottages" that were never meant to be full time residences, most of which were not much above 1000 sq ft with plumbing & electrical systems to match.  Both groups of owners had a strong incentive to keep the price down as they were a luxury and discretionary part of household budgets. 
But gradually Florida became a place ... more

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