Florida expected to be one of states with least affordable housing over the next 6 years
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- Опубликовано: 30 июл 2024
- Community leaders are pushing for more affordable housing as the state could need more than half a million additional homes to keep up with the growing population.
If everyone is moving to Florida, it SHOULD drive all the poor people out. The question is - if all the poor are out of Florida, who's going to clean your house?
Cleaners who charge $100 hr.
Not migrants.
@pwu8194 The number one Group of People exiting Florida is Boomers . Basically this means Retirees who can no longer afford to live there . Sadly Gentrification has become a real thing in Certain area's such as Tampa , Orlando and Miami .
Robots
Why should people that have lived here all their lives be tossed aside like yesterdays lunch 🤬
This lunacy will never end as long as investors are allowed to drive up the residential market, and wages remain low while corporate profits skyrocket.
All real estate housing should be Owner Occupied by law. Investors just jack everything up.
Sold mine in Florida 2 years ago, made good money… I do not miss it… too hot, too many hurricanes, beach water too warm, etc… enjoy…
I do, wouldn't want to live anywhere else
@@thatoneguy94512 Nice for you… me, no regrets…
Stop weather Geoengineering and stop global warming😈
$1400 efficiency is ridiculous . It probably is not even fancy
That's insane!!
West of Chicago - the newly rehabbed one bedroom above me just rented for $1,400 mo. It's nuts everywhere.
Florida has historically high housing inventory available right now. But yeah, keep building, I'd love to see prices crash even faster
Why doesn’t Fla have rent control for seniors? 1500 for lot rent or a one bdr is a crime against seniors
Florida doesn't do anything that's not profitable for developers.
Why should they. Seniors had a lifetime to make and save money to afford retirement. What about rent control for 18 year olds that are just starting out in the world.
@@paulconner4614 Save money? In a perfect, double income world maybe...
@@AnAmericanGirl4Sureit’s called budgeting and living below your means. We need affordable housing for younger generations not older who don’t contribute anymore just consume.
@@MRBURNTTOAST111 Ignorant
Florida is WAY overrated.
Flo-Ri-D'uh is what I call it, horrible place with a few nice beaches. I have nice sandy beaches here on Lake Huron and no sharks in the water.
Yup. Endless sprawl and strip malls is boring.. The red tides every year and mass fish kills vastly depleted fisheries. Reefs are bleaching. And my condo property insurances cost me 3X more than my Gold Coast home. Manners are another matter in Floriduh. It's a free for all and during covid19 people threw what few manners they p9ssessed out the window.
Not if you live the ocean.
@@Patrick-yh5ydus natives could care less about being near the ocean. It all gets old after a while. People living by the ocean is why we have insurance issues
@@naturelover2292 Do you need to borrow money Young one?
The ongoing mass exodus into the State of Florida has permanently changed the States Housing Market . And not in a good way . Home prices will most likely stay forever elevated in most area's of Florida as the inbound migration shows no signs of slowing anytime soon .
There are channels on RUclips where the men are running around saying Florida home prices are crashing. One clown walks around construction sites on the weekened and then claims the builders are losing abandoning the properties. His channel is "Reventure". Look at that clown's channel and you will see every video he puts up says the housing market is collapsing.
They are starting to leave.
House prices are already dropping in Florida. Go on zillow. 90% of listings in Florida have a price reduction.
I was born and raised in FL and I left last year.
@@oldmanghost219nope! 😂😂😂
Time to move.
Were goin to NC
Yes, I am now paying $50 a day to keep a roof over my head. That does not include electric, water, internet, phone, cable, or freakin room service. It also does not include cutting the dang grass, considering a goat or two...
At least you can eat the goat, can't eat the lawnmower or all the gas it needs to run.
@@user-wt5bf4rw7e I bought a weed eater at a yard sale thinking I could do a little at a time. I am not a young woman though and Boy Howdie it is Hot out!
Move?
@@fipinochildrenplaying2801 Idiotic hyperbole
@@fipinochildrenplaying2801 Uh huh? Move...your Mom obviously takes care of everything for you. When you move to a rental house or apartment you need, 1st. months rent, last months rent and whatever security deposit the greedy landlord requires. Many of us can not come up with that kind of money these days.
Yep!!! ... I told you so 😂😂😂
Stop inviting people to Fl , we are the free state , no mask here , carry your gun anywhere ... he was telling everyone during covid . 😂😂😂😂
He cut everyone short , we told them ... dont cut the $600 a week short , it need to stay for longer . People will be homeless , Landlords want their money or they will jack rents up .
But noooo !!! ... he pocketed the cash and ended up with $45 billions in surplus . 😂😂😂
Convert empty office buildings to apartments and condos.
Can't do it, it will cost way too much money and too many regulations. Thank your federal government democrats
A lot of cities have thought about this idea, but it usually doesn’t seem to pan out nor make sense. Office buildings were not designed for living so it is a costly conversion. And the buildings are often in less desirable, desolate business districts.
Commercial areas are not zoned for residential
It will not do anything, but drive up cost smh
Employers need to start increasing that $ amount.
Then you will layoffs. Look at how well California is doing with their $20 an hour min wage.
Raising minimum wage directly increases inflation, actually making the problem worse.
Businesses will only increase their prices making employee raises moot.
@jjman533 That's cus business don't wanna loose money. These people are greedy.
from what money? oh wait they have to increase the price of goods and services to increase paychecks ... guess many dont know how their employers make payroll they assume everyone is Jeff Bezos..
I’m moving out
As a native my family and I left in 2023 and never looking back.
@@dapperdino1996You’re a native american?
@@jro7815native Floridian refers to one who is born here.
@@GW-gz8jh Florida depends on transplants to grow its economy. Florida has a low quality education system that doesn’t produce enough knowledgeable professionals to meet the needs of the new companies that are expanding here.
Smart ❤. Work brought me here. After 17 years I’m retiring and moving away so I CAN retire. So overrated.
Isn’t Florida in a condo crisis? Many homeowners want to leave? Shouldn’t that put downward pressure on prices?
No because everyone is trying to sell for top dollar.
Fake news. Hell is already here
Who will clean these rich people’s houses? Cook their fast food or dine in dinners, cut their grass, change the oil in their cars, have their boat docks tended, etc? The people who do these jobs have to have affordable housing in order to live and raise their own families. It’s very simple.
The rich people can pay the laborers whatever it takes to keep them around.
That was yesterday’s news. Now it’s expanded to vital community functions not just the luxuries. We need functioning fire departments, hospitals, schools, sanitation works, grocery stores, etc and those people are being out priced.
Not everyone who lives in FL is rich. I’m a native and my family, friends etc are not rich. It will be okay ❤
People who have commited crimes in crossing the border into this country.
I make 150K a year and can NOT afford a house in Florida
How come?
@@belhernan5137 because I can't afford a 5k a month house payment here in Miami
This sounds like a money management issue. The average rent in Miami is well under $5k a month.
@@nitroneonicman rent yes but house payments 5k easy in Miami
@@carlcounts1also the increasing property insurance and taxes.
Y'all gonna ignore how the Florida housing market is in free fall? Ain't gonna stay fully unaffordable for long! Beryl & friends will make sure of it
@@tjplaceholder8183 it will remain unaffordable because of property assessments, insurance requirements that keep doubling, etc
In May 2024, there were 200,225 homes for sale in Florida, up 69.9 % year over year. Despite a US housing shortage, Florida and Texas have too much supply, Redfin found. According to Zillow, home price appreciation is expected to slow down significantly in the coming years.
After years of a scorching hot housing market, a new report from Redfin labels the Tampa region as one of the fastest-cooling housing markets in the country.
Were moving to WNC , and the houses up there are not moving ,as we are going up this week to look around .
Prices crashing…prices going up…HOA going up…costs crashing…all false news
Not only that but homeowners insurance is astronomical and unaffordable 😈
Got our house 4 years ago and we were still able to save money. Now everything went up, from property taxes, to home insurance.. used to pay 1900 now we are at $2500 excluding HOA. 🤬
HOA, enough said. Enjoy your poor decision
Lots of people moving out too.
Too late. The damage is already done with all the folks that moved in.
Population growth has already slowed and there is an excess housing inventory. The middle class is the fastest shrinking demographic. We are returning to the historic status quo of 99% abject poverty and 1% wealth.
The DeSantis affect we went from one of the most affordable MAIN states in the country to the least affordable in about 5 years I've never seen anything like this in my life yes property values are up so are property taxes and homeowners insurance so many insurance companies left the state it's almost impossible to get insured unless you renovate you home the DeSantis era has been extremely stressful for the lower income people which a large percentage of Floridians 😢
It’s basic supply and demand. More people are moving here making demand greater making costs go up. This can happen with either side in office
@@GW-gz8jh Are you kidding me? We saw a rent increase of 20 to 44% statewide from 2020 to 2021. I don't think that has happened any where in America. Housing is supposed to increase by 2 to 5% I'm not sure how much that affects the rents. I think we can all agree that's a little extreme. If you think I'm just pulling statistics out my ears look it up yourself.
Jermie -- Umm.. It's the COVID affect Not the DeSantis affect !! Geez, Look at your own statistics. Covid put FL in the spotlight for everyone to see how it's better than wherever they were living... then simple "supply & demand" takes over...
Nothing to do with DeSantis other than people from other states "discovered" him & decided they liked him better ...
What do you want done? The state to put caps on housing prices and rents?
In Florida you won't be forced to buy an unaffordable electric car unlike in Democrat states, which would mean you will either have to walk or hitch hike, since most medium to lower income people could never afford one.
@0:26: Why doesn't that tax-exempt church help pay the rent for its struggling church members.
In some cases they do. How many rents does your atheist religion pay???
It's the Megachurches that have enough wealth to do that. But Megachurches only make their leaders wealthy.
Some do. But when tithing goes down, resources to do this do too
🤣🤣🤣🤣
@@francismarion6400 try again. My "atheist religion" isn't tax exempt. swing and a miss.
i’m glad, I live in a small little Stow bird, quaint town, in Florida, in the summertime there’s only about maybe 3000 people that live here, in the winter time it probably just doubles. I love it. I’m blind, and I can navigate my way very easily to the stores, the post office, it’s truly a wonderful place to live. I’m not going to say the name of the town. It might give people ideas. Lol.
Yes, never say the name if you don’t want it to change. The devil has ears. They advertise NC to the teeth and now it’s becoming more and more a hell with all the crimes and trashy people.
Thanks New York, thanks New Jersey, thanks California, thanks Illinois, thanks Massachusetts, thanks Connecticut, thanks, Canada
Our home insurance costs are going up too, subsidizing your rates in FL since Florida puts caps on its insurance rates hikes. Look it up. You are welcomed.
I don’t feel sorry for Florida at all, that’s your governor Governor DeSantis, inviting everybody to your state come on down to Florida,, I’m so happy yeah, go to Florida so my state housing can be cheaper..😊
California has that $20 minimum wage, it also has turds in the street and the highest crime rate in the US. 🤣
Same in San Diego, California.
lol SD is way better that Florida. Not even close.
Thought it was already unaffordable?
Whoever provided these statistics is wrong.Hell, look how many open houses are available in Florida?Pre volcano ford insurance and h o a fees along with the high prices
Good. Keep the riff raff out.
You will be rift raft soon when the Californians drive price to 2 MIL 😂😂😂😂
Dont sell.
It’s sinking sandbar the gulf will take it one way or another! Lol 😂
Stop rubbish about climate change
Everyone is leaving california and it's still unaffordable. Do I doubt the governor asking people to come to Florida has anything to do with it.
Its the dumb apps/websites two generations use..i walk around and knock on buildings with For Rent signs..always cheaper. The online listings are scams.
Who's leaving California to go live in Floriduh? Maybe you better rethink your premise
I remember back in high school the global warming scientists said Florida would be under water by 1994, then they changed it to 2010, and lastly 2020. Still waiting…lmao!!
I guess drowning in debit and insurance is better
It is going under. I've seen houses that were high and dry 30 years ago are now flooding every year. The sad thing is they are still insured and we all get stuck with the bill.
11 million coming in the last 3 years will need to live somewhere to live...
Anchor woman causing sea levels to rise
They are allowing the corporations picking up homes to rent and get rid of longtime homeowners like myself family. The corps can afford the insurance.
With all the $ we’ve given to other countries, We could had paid off or help million of Americans afford a home.
Exactly!
That would not have lowered the price of homes though.
Fl is too hot and hurricane sucks. I rather live in California
And then The Big One hits, 9.0 on the Richter Scale
We'll see how much you love California 😆
Who can afford to live in Florida your homeowners insurance goes up 80 to 100% every year people on fixed incomes are losing their homes the governor should be ashamed of himself
My home insurance went up 6% last year. Please stop exaggerating.
The cost of living continues to skyrocket, while jobs are being outsourced to China, AI and robotics.
The number of people living in poverty is about to explode.
Caitlin gets automatic thumbs up, 100% of the time
Creating more affordable housing creates more poor people mentality. What we need is better education, so kids want to actually graduate and go to college or start small businesses, create, and innovate. Your goal shouldn't be to pay less but to afford more. Once you fix that, the market will adjust itself without a government intervention. What we have in US right now and actually in the world, is a failed Capitalism due to those in power being corrupted. When capitalism fails, it opens the door for Communists ideas that are just the beginning of the end. They only thing that will do is make everyone equal, yes, equally poor and miserable. Take it from someone born and raised in Communism. Please don't try to give me a lesson by changing the name. Socialism, Communism, Liberalism, Progressiveness...all same cancer, just different stages.
So you admit that capitalism fails, then you trash the alternatives. People have to have some kind of economic structure. They're not going to wait around for capitalism to become successful
Education is the answer.??? LOL. The U.S. spends more money on education than any other country and people are dumber than anywhere else in the world. Meanwhile capitalism is failing.
@jamesbrown9721 Here is the thing, Capitalism has been successful before, and it is successful today in many countries. Socialism has 100% failing rate. Socialism is not the alternative to nothing. It is dangerous and destroys countries.
You realize the market is going to massively crash in the state right?
Thank meatball Ron!
Ole pudding finger mf
One spicy hurricane season will weed out the weak newcomers and reset the market. Insurance will still be a barrier but eventually this state is going to be totally rebuilt hurricane tuff and damages won't be so catastrophic. Some of us low income natives won't be able to wait for a reset. But it's coming.
I listened to “see level rise “
America
Capitalism in the U.S. is failing. Future is either rich or poor.
Rent not high enough to me I see people feeding homeless so rent not bad
No kidding
I love it! Crowded, expensive inferno!
People need to plan to own a home now or else it will be nearly impossible in the future. Also, I laughed when she said that Jesus would hold leaders accountable. No he wouldn't. You'd think a pastor would know that.
Lol, just look at inventory. Give it 6 months. This is propaganda to give big investors time to get ou5 before the crash.
Keep voting GOP and this is what happens Florida
My property values are up and crime is down.👍
@@francismarion6400 I doubt that. Crime is rampant in Florida.
@@keithsnider1958 NO crime may be rampant in a few Democrat cities like Jacksonville, and largely because the cartel can operate easily with an open border, but crime is definitely NOT rampant across Florida. I think you mean California, NY, and Illinois.
@@francismarion6400 no. I mean Florida.
@keithsnider1958 Yes, you are incorrect. Florida is the safest state to raise kids, and the lowest debt per capita.
Depends where you live. Brevard county is cheap.
I hear Tennessee is nice
It's getting the same as Florida is getting expensive
The "gentrification" segment is straight up racist. We know what you mean by "gentrification".
DuhSantis effect. Good job.
According to your own book Jesus would have turn the other cheek. Can't believe she doesn't know that or maybe she knows her book is corrupted.
Hahahah they brought gentrification and climate change into this 😂
Trust the faith healers LOL
GOOGLE Golf Simulator deSantis😂
Why are people coming to Florida? Florida sucks there are plenty of other places to live then this place
That’s funny I moved here 16 years ago it’s the cheapest mortgage that I pay for a nice size house in a nice neighborhood I work full time I have no problems my taxes are low it’s nice and laid back no rates have risen still the same?
Because you’re a transplant that came with more money that the average Floridian makes. You’re also part of the problem
So you moved here during the last financial collapse?
@@ANonymous-gw2cs didn’t even know about any financial collapse I know that it is affordable to live here then and still now. There will always be rental increases and greedy landlords but it a nice place to live.
There are always those of us who have remained in the same place for a long time..my rent is very cheap because i've lived here 10 years and we have basic rent control. But if I move I'm screwed for life.
wait till we get another ANDREW , HALF OF THESE FUXERS WILL LEAVE
$700k, For that kind of money, they may wanna make sure it was actually land and not a swamp decades ago.
The people of little means need to move elsewhere, and take their junky stuff with them. Housing is afforfable, just not for everyone. There will be plenty of homes available in California. They shod movd there.
please stop with the climate change smh
bidenomics
Wait...isn't Florida a red state? I'm a bit confused.....
Yup, we vote Republican
Of course you're confused
@@trumpwon8064 rightfully so. Isn't only blue states like California and New York suppose to have the least affordable housing and not Republican states?
Yea ok like ppl are really getting approved like that to purchase homes.
If you can’t afford to live there,then move somewhere cheaper or work harder for extra income(with exemptions of seniors)….wtf?
Do you know what will happen if Florida does the pity party and “help” out able people that can’t afford rent?….
It will become just like New York and California …..the audacity to try to do a holy guilt treatment by saying “Jesus said” ….wow, nuff said trump4president.
MOVE, it is still cheaper than NV!!
Florida the new California
Nobody is gentrifying South St. Petersburg…..Trust me😂
You are wrong. I've seen the changes to south St. Pete over 50 years.
There absolutely is that happening in S St Pete. There’s extreme ghetto there but there’s also areas being torn down and built back for way more