With no income tax, no estate tax and the recent abolishment of the tax on intangibles, there has been a high concentration of wealth flowing into Florida.

Florida's constitution doesn't allow for a state estate tax and as a result, people trying to avoid estate tax are "flooding" into the state as permanent residents.

Florida is the most popular state for retirees.

With the drop in the housing market in Florida over the past year, the boom in condo availability has become a great advantage to potential purchasers and these are offered at extreme value for money.

Hundreds of British investors who pumped their money into Florida's soaring housing market have been caught out in its spectacular collapse

Florida house prices have been plunging for 18 months, but research shows investors in high-rise condos have been hurt the most.

Miami was selected as the #1 worst housing market in the U.S

As Florida mortgage costs soared beyond what many could bear, many thousands of condos have slipped back into the rental market in the past year