As many politicians and economists might want us to believe that the economy is recovering, that the worst is over, and that we can all go back to endlessly spending money we don’t have, the truth isn’t so black and white in many towns across America. In fact, more ghost towns seem to be popping up like dandelions in the spring, making us wonder if they are somber harbingers of worse things to come
Several towns in Florida in particular have vacancy rates of 55%, 60%, or even higher. I can’t imagine that many people vacating the small town I live in, but I bet it’s a pretty scary sight. Osceola, Cape Coral, and Palm Coast have all experienced severe drops in residency numbers. Vacancy rates are high in many other cities across the country as well, from Lake County, Michigan, which is experiencing a vacancy rate of 66%, to Mono County, California, with a vacancy rate of 59%.
Having lived in a college town before, I know what it’s like to see people leave for the summer and return, and how empty everything feels for three months. But to witness all of your neighbors packing it up for good, never to return? I would image that to be a pretty desolate feeling.