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Posted

As a Floridian, and former NYer, I look at this in the glass half full manner. If Mamdani wins then FL will get another influx of well off NYers who can help FL become even better. The issue is our real estate is already so expensive. 

Posted
43 minutes ago, BillsFanNC said:

 

I’ll never understand how anyone can think it funny, or just, seeing the demise of American cities, regardless of how it comes about.

Posted
38 minutes ago, Orlando Buffalo said:

As a Floridian, and former NYer, I look at this in the glass half full manner. If Mamdani wins then FL will get another influx of well off NYers who can help FL become even better. The issue is our real estate is already so expensive. 

Not on point, but ... Actually, your real estate is pretty reasonable in comparison to most other Sunbelt cities. The median price of an existing home in Denver is almost $200K higher than in Orlando.

Posted
13 minutes ago, The Frankish Reich said:

Not on point, but ... Actually, your real estate is pretty reasonable in comparison to most other Sunbelt cities. The median price of an existing home in Denver is almost $200K higher than in Orlando.

I can't believe what the cost of a home is in Denver, I looked primarily at boulder area, but it is crazy to me. I get that y'all are more land locked due to the mountain but Denver is not a NYC, why is cost so high?

Posted
3 minutes ago, Orlando Buffalo said:

I can't believe what the cost of a home is in Denver, I looked primarily at boulder area, but it is crazy to me. I get that y'all are more land locked due to the mountain but Denver is not a NYC, why is cost so high?

I've asked myself that question many times.

It just got to be a really popular "lifestyle" destination in the 2010s. Lots of newcomers (I've been about 25 years) with the pace increasing straight up thru COVID. Along with the influx of young/educated people came businesses relocating here.

The same phenomenon as Austin, and now SLC.

 

It is somewhat self-correcting though. Denver clearly now has a rep as a high cost of living location and we're seeing net out-migration.

Watch out Orlando, it's coming for you! If you're a homeowner and don't need to move, you'll be cashing in someday ...

Posted
2 minutes ago, The Frankish Reich said:

I've asked myself that question many times.

It just got to be a really popular "lifestyle" destination in the 2010s. Lots of newcomers (I've been about 25 years) with the pace increasing straight up thru COVID. Along with the influx of young/educated people came businesses relocating here.

The same phenomenon as Austin, and now SLC.

 

It is somewhat self-correcting though. Denver clearly now has a rep as a high cost of living location and we're seeing net out-migration.

Watch out Orlando, it's coming for you! If you're a homeowner and don't need to move, you'll be cashing in someday ...

I bought my house in 2003, it crashed out in 2008, and has gone up since. I am up almost 3 times since I bought and 4 times since the crash. The best thing right now is FL taxes property tax increases are severely limited so my entire payment to the government for income and property taxes combined is $2k a year Because I still the basically the lowest value of home rate. 

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