This is big news, but not surprising here in southwest Florida. You can rent a brand new 3 bedroom/2 bath/2 car garage home in Charlotte County for as low as $1000 per month. You can even name your own price and you will likely get it.
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Southwest Florida's stagnant real estate market has already brought growth in public school student enrollment to an abrupt halt.
But now the area's economic downturn is having a new effect on Charlotte, Manatee and Sarasota classrooms: an increase in the number of students getting free or reduced-price lunch because of their families' low income.
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The increase also means more students qualify for special services under the federal No Child Left Behind Act -- which the districts have to pay for.
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Sarasota administrators also believe the high cost of housing was driving families out of the neighborhoods that feed their schools.
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Sarasota school officials say the increase in low-income children seems to be countywide, not concentrated in the schools that typically have higher poverty rates.
http://www.heraldtribune.com/article/20070901/NEWS/709010307