When Walt Disney World opened in Florida, 53 years ago, it changed the Orlando area — and the scope and style of theme parks — forever. Economists predicted Disney World would double tourism spending in the area to $600 million within four years. It immediately created 6,300 direct jobs — and that number was expectedWhen Walt Disney World opened in Florida, 53 years ago, it changed the Orlando area — and the scope and style of theme parks — forever. Economists predicted Disney World would double tourism spending in the area to $600 million within four years. It immediately created 6,300 direct jobs — and that number was expected to quickly grow. Within four years, predictions showed the park would lead to the creation of 50,985 Disney-generated jobs. The area’s economy was super charged by Disney magic. Home prices in the area skyrocketed and apartment rentals were almost non-existent. Read MoreRead More

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