The Florida housing market has attracted many foreigners to invest their hard earned money in the sunshine state. The British have for a long time favoured Florida for buying a second home. Many use their Florida home as a holiday home for friends and family. Some may rent it out on a casual business basis, renting out their Florida home from adverts they have put up at work or in the local shops. Most British buyers dream of owning the home outright and eventually using the house for their retirement.

Fragile Buyers. Despite the attraction of buying in Florida i.e. cheaper prices and a wonderful climate it does not take too much for a British buyer to get cold feet. Real estate agents in 2004 reported a rush of British buyers cancelling their sales owing to the hurricanes that hit the region. Reports in 2005 concerning fatalities concerning shark attacks again spark similiar worries and may affect the fragile buyer