Editor: With an already shrinking tourist season and the boom in luxury condos and now hotel-condos, maybe we should be looking behind. Does anyone remember when the tourist season really started in October? Now we are lucky if it gets into full swing by mid-February.
The flip side of rising property values comes rising taxes, utilities, rents, etc. This affects not only those of us who work in the service industry but also small business owners who will have to pay more to keep workers and their doors open all year-round. Families who can’t afford to stay in condos for their vacations will either have to cut their time short here and be careful of their spending or go somewhere else. With leases increasing and tourist seasons decreasing, how long can the service industry last?
Simple mathematics show if you only make money three to five months a year, it probably will be pretty difficult to pay your bills the rest of the year. Believe it or not, most landlords and Florida Power have a problem with that.
Now that we need tourism dollars, what will the future look like here? Who will be left to provide everyday services – groceries, food and beverage, beauty, transportation, shops, etc.? If those of us who provide these services can no longer live here, what will happen to your favorite little shop or restaurant when they can no longer keep their doors open?
Another example of “Just because you can, does not always mean you should.” Hmmmm ... something to think about.