New York Assemblyman Zohran Mamdani is pushing a far-left agenda that critics say will wreck the city’s economy. With taxes and regulations on the rise, Governor Ron DeSantis warns that Mamdani’s policies could trigger another exodus to Florida.
Economic Exodus from New York?
Governor Ron DeSantis is predicting a new wave of migration to Florida following Zohran Mamdani’s shock victory in the New York City mayoral race. Mamdani, a self-proclaimed Democratic Socialist, has laid out an aggressive progressive agenda—rent freezes, corporate tax hikes, and free public transit—that’s already sending chills down Wall Street and Main Street alike.
According to DeSantis, those policies are the perfect recipe for an economic collapse in New York—and a real estate boom in Florida.
“If this socialist mayor candidate wins in New York City, you’re going to see real estate values skyrocket in Palm Beach because people are going to get out of that city.” – Gov. Ron DeSantis
Mamdani’s win marks a sharp left turn for New York, defeating Andrew Cuomo and promising a $30 minimum wage by 2030 and a 2% wealth tax on millionaires. Critics say his plans will punish job creators and push middle-class families and businesses to flee the Big Apple.
DeSantis Predicts New York’s “Socialist” Shift Will Send Florida Property Values Soaring #desantis #florida
Read Here:https://t.co/X6b7OtiuTo pic.twitter.com/XTzw84u3GP
— Tampa Free Press (@tampafreepress) June 25, 2025
Florida: A Refuge for Economic Refugees
Already a magnet for businesses, investors, and retirees, Florida may soon see an accelerated influx of disillusioned New Yorkers. DeSantis predicts surging home values in Palm Beach, Naples, and Tampa as New Yorkers look for lower taxes, pro-business policies, and political sanity.
President Donald Trump didn’t hold back either, blasting Mamdani on Truth Social, calling him a:
“100% Communist Lunatic trying to finish what de Blasio started—but worse.”
DeSantis echoed that concern during a beach bill signing, making it clear Florida stands as the free-market antithesis to Mamdani’s “social experiment.”
DeSantis Predicts New York's "Socialist" Shift Will Send Florida Property Values Soaring https://t.co/mlCnZkcBNI
— Fredric U. Dicker (@fud31) June 26, 2025
The Battle of Models: Florida vs. New York
The growing divide between Florida’s booming free-market model and New York’s big-government experiment is now in the spotlight. While New York plans to raise taxes, increase regulations, and expand government, Florida is doubling down on low taxes, personal freedom, and fiscal responsibility.
Real estate experts and economic strategists already see the writing on the wall: If Mamdani follows through on his campaign promises, Wall Street dollars and middle-class families may continue flooding out of New York—and into Florida’s open arms.
Sources:
DeSantis Predicts New York’s “Socialist” Shift Will Send Florida Property Values Soaring – NewsBreak
DeSantis predicts Florida property values will ‘skyrocket’ if NYC Dem socialist nominee wins