When mass migration of workers making 6-figure move into anywhere, the standard of living will skyrocket and become obscenely out of control. Seen it everywhere, even in my neighborhood where the mayor has even tried to double property tax to push long time residents out!
A friend owns a high end real estate company here in SW Florida. Housing prices ARE NOT soaring; actually the opposite.Big money investors are here with wads of cash holding and ready to buy up everything they can before the next boom. They are also trying to drive down prices by scaring average Joe's from moving here. Once prices are down, investor are going to buy it all they can before the next boom.
In case any Floridians don’t know this, 14K a year for taxes on a 700ish K homes is outrageous.
My 400K home in another state is about $1200 per year.
Just curious, what state are you in? Thanks for the comment and for watching!
@@robertzeoli Don't know about him. My son pays $2800 on a 500k house in Washington State. (which also has no income tax)
When mass migration of workers making 6-figure move into anywhere, the standard of living will skyrocket and become obscenely out of control. Seen it everywhere, even in my neighborhood where the mayor has even tried to double property tax to push long time residents out!
Thanks for the comment and for watching!
That medium cost of housing at $394K…. Figure that’s Lauderhill….. the armpit of FLL
Its not the arm pit, But I get it
Thanks for the comment and for watching!
I’m paying $2,750 in South fl for 1 bed condo !!!!!!!
Ouch, thanks for the comment and for watching!
So glad I purchased back in 2020 and I’m locked in at 2.50
A friend owns a high end real estate company here in SW Florida. Housing prices ARE NOT soaring; actually the opposite.Big money investors are here with wads of cash holding and ready to buy up everything they can before the next boom. They are also trying to drive down prices by scaring average Joe's from moving here. Once prices are down, investor are going to buy it all they can before the next boom.
Thanks for the comment and for watching!
So glad I never moved to FL. God is good!
Thanks for the comment and for watching!
#BringYourRobots