February 4, 2010 / Published Work

New Migration Pattern: Snow Bird Levels Fall, Debt Bird Levels Rise

Bloomberg Law Reports

David Slenn's article, "New Migration Pattern: Snow Bird Levels Fall, Debt Bird Levels Rise," was published in Bloomberg Law Reports.

According to a recent University of Florida population projection study, the U.S. economy has triggered a steep decline in the number of new Floridians.1 Undoubtedly, this has resulted in many snowbirds staying "up north" for the winter. However, as much as the recession may have reduced Floridian snowbird activity, it has most likely served as a catalyst for others — we'll call them "debt birds" — to flee to Florida to escape their creditors.