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2026.02.04 01:50 GMT+8

Retirees consider leaving Florida as cost of living rises

Updated 2026.02.04 01:50 GMT+8
Nitza Perez

Florida has long been known as an affordable retirement haven, but rising housing costs, skyrocketing insurance, and corporate buyouts of mobile home parks are pushing lower‑income seniors to the breaking point.  

While wealthy retirees purchase multimillion‑dollar estates, working‑class seniors who built their lives here are asking a heartbreaking question: Can I afford to remain living in the state?

CGTN's Nitza Perez reports.

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