I have lived in Sarasota and really liked it. Now in PA, I would not buy a home in a desirable but risky place in FL even at bargain basement prices. Insurance costs, stress, repairs and the fact that I can fly down there for a vacation from my local airport anytime.
@@TheRetirementality We recently moved back to PA from an over 55 near Laguna Beach, CA to be near our grandchild. A big EQ was possible there but it didn’t happen and you can’t see them coming. I can understand the attraction to vacation areas. I thought the Sarasota area was really nice also. However, had I experienced a major EQ or hurricane…who knows.
I think things this time are a little different. I think insurance and interest rates are going to create downward pressure that wasn't there in the past. Insurance is even causing havic here in Colorado. It's not the fact prices have doubled, you can't even find a company to write paper or terminating policies outright. Companies are pulling out here like crazy.
As a retiree looking at possible places to retire, you have convinced me to not to move to Florida. I want the homey community, not to be surrounded by wealthy people who leave their second homes empty most of the year, and never interact with the local people, nor support any local social services. Also, I do not wany other 'investors' making money off my or other people's hardships after inevitable hurricanes. And the insurance companies can go to Hell. I'll look elsewhere.
There are some pockets of places at the beach you can still get that old FL feel. I live in a neighborhood that doesn't allow short term rentals. Almost everyone in my neighborhood is over 50 and keeps an eye out for each other. What I described in the video isn't just a FL thing, its a beach thing. So it doesn't matter what state it is, if you want to live at the beach in Texas of NY you have to think about these things. There are pros and cons to everything. I saw an interview on the news this morning with a girl who just moved to Tampa from Colorado. They news guy asked her why she moved to FL and she said "you have to pick your battles. I was sick of blizzards and the constant threat of forest fires. I love FL and I'm staying". Also, my house is for sale if you really want to live at the beach in cool neighborhood. 😉
@@TheRetirementalitydo you think this will have an impact on the Puerto Rico real estate market? Given the houses are built different there and the many commonalities as Florida, one can get a similar lifestyle minus the high insurance cost.
I live on the coast. I am about 200 yards from the beach and our community is made up of the most genuine salt of the earth people you’ll find. Hurricanes come and go but they don’t do much damage and everyone comes together and helps each other out. We don’t allow short term rentals and there are people that leave for the summer months because they have the means. We never leave. There’s good and bad places I every state. We did our homework and found a gem. They’re all over Florida but you just don’t go to the places that are already full and packed with rich people that fly in and in out
@@ashleyriblet2326 we actually have an unwritten rule around here that we don’t advertise our little paradise. It’s important to cherish and protect our communities. I used to live in Southern California in an amazing place. It’s now completely developed and while it’s still beautiful it’s expensive beyond imagination and don’t want to have that happen here
My daughter was wise to leave Ft Lauderdale and sell her house when it was not destroyed. She said Pops happiness is Ft Lauderdale in my rear view mirror. She was smart.
Sunset Park is in South Tampa near Westshore Blvd / Swann ave, its a very desirable area and getting over developed quickly however its floods. She bought low and will sell high she probably lives in a $800k teardown
Housing prices will never be cheap in desired locations because there will always be greedy people and people that wants home. No one never not need a home. So if you dont wanna buy, someone will buy then rent it to you.
I told all the people who told me I was wrong to be sure to subscribe to the channel so we could see who turns out to be right... but I don't think they stuck around. 😆
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
Thank you. Good vid. Looking at FL to move from St Thomas VI. This vid was really helpful. Love your channel.
Thanks Andrew. I'm selling my house if you want to live in PCB. It's a great house.
Insurance rates are going up for sure.
Yep, I predicted that last year that our insurance rates will double in 5 years.
I have lived in Sarasota and really liked it. Now in PA, I would not buy a home in a desirable but risky place in FL even at bargain basement prices. Insurance costs, stress, repairs and the fact that I can fly down there for a vacation from my local airport anytime.
It's not for everyone. I prefer to live in the places people like to vacation.
@@TheRetirementality We recently moved back to PA from an over 55 near Laguna Beach, CA to be near our grandchild. A big EQ was possible there but it didn’t happen and you can’t see them coming. I can understand the attraction to vacation areas. I thought the Sarasota area was really nice also. However, had I experienced a major EQ or hurricane…who knows.
I think things this time are a little different. I think insurance and interest rates are going to create downward pressure that wasn't there in the past. Insurance is even causing havic here in Colorado. It's not the fact prices have doubled, you can't even find a company to write paper or terminating policies outright. Companies are pulling out here like crazy.
Insurance is becoming a problem in many places. When we lived in the Virgin Islands it was almost 3 times as much as what we pay in FL.
Ft Myers’ prices did not reduce post Ian two years ago, quite the opposite.
Yep. People don't believe me because they want prices to come down... but they don't.
I think price are going to go down in FL not only due to hurricane Milton but also to tornados 🌪️ 126 tornadoes passed by in a couple hours!
Those tornadoes are scary.
As a retiree looking at possible places to retire, you have convinced me to not to move to Florida. I want the homey community, not to be surrounded by wealthy people who leave their second homes empty most of the year, and never interact with the local people, nor support any local social services. Also, I do not wany other 'investors' making money off my or other people's hardships after inevitable hurricanes. And the insurance companies can go to Hell. I'll look elsewhere.
There are some pockets of places at the beach you can still get that old FL feel. I live in a neighborhood that doesn't allow short term rentals. Almost everyone in my neighborhood is over 50 and keeps an eye out for each other. What I described in the video isn't just a FL thing, its a beach thing. So it doesn't matter what state it is, if you want to live at the beach in Texas of NY you have to think about these things. There are pros and cons to everything. I saw an interview on the news this morning with a girl who just moved to Tampa from Colorado. They news guy asked her why she moved to FL and she said "you have to pick your battles. I was sick of blizzards and the constant threat of forest fires. I love FL and I'm staying". Also, my house is for sale if you really want to live at the beach in cool neighborhood. 😉
@@TheRetirementalitydo you think this will have an impact on the Puerto Rico real estate market? Given the houses are built different there and the many commonalities as Florida, one can get a similar lifestyle minus the high insurance cost.
I live on the coast. I am about 200 yards from the beach and our community is made up of the most genuine salt of the earth people you’ll find. Hurricanes come and go but they don’t do much damage and everyone comes together and helps each other out. We don’t allow short term rentals and there are people that leave for the summer months because they have the means. We never leave. There’s good and bad places I every state. We did our homework and found a gem. They’re all over Florida but you just don’t go to the places that are already full and packed with rich people that fly in and in out
@@TheMinor7thWhere is this gem place that neighbors actually look after each other. Thanks. ❤
@@ashleyriblet2326 we actually have an unwritten rule around here that we don’t advertise our little paradise. It’s important to cherish and protect our communities. I used to live in Southern California in an amazing place. It’s now completely developed and while it’s still beautiful it’s expensive beyond imagination and don’t want to have that happen here
My daughter was wise to leave Ft Lauderdale and sell her house when it was not destroyed. She said Pops happiness is Ft Lauderdale in my rear view mirror. She was smart.
Its not for everyone. Glad she is happy in her new location.
This is an attempt to maintain the elevated prices of real estate. The truth is all real estate is over priced and need to come way down.
I wish I had that much influence. It's just my honest opinion.
Sunset Park is in South Tampa near Westshore Blvd / Swann ave, its a very desirable area and getting over developed quickly however its floods. She bought low and will sell high she probably lives in a $800k teardown
And when they rebuild it will be even bigger and more expensive.
Housing prices will never be cheap in desired locations because there will always be greedy people and people that wants home. No one never not need a home. So if you dont wanna buy, someone will buy then rent it to you.
It's true they aren't making anymore beach front lots.
2:00. Yw
I told all the people who told me I was wrong to be sure to subscribe to the channel so we could see who turns out to be right... but I don't think they stuck around. 😆
Buy a luxury motor home. Hurricane coming, simply drive to a safe place. Problem solved.
I like it. I've been looking at camper vans online but I don't think I'm really going to do it.