"I can't fix my life, but I can fix the world" said the socialist
I don't know what their version of "comfortably" is. But from the research I have done recently, land is pretty cheap overall in most parts of FL not on the coast or in a coastal town. Granted, insurance premiums can be high, but you can build a 2000 sqft house on 1 acre of property for less than 350k. That's less than where I live in TN.
My wife and I are looking to possibly relocate to FL. It's ridiculous how much cheaper a newer home is in FL vs where we live. It's roughly 10-15% lower. In some areas of FL, it's lower than that.
Natural Immunity Croc
Even in the Jacksonville area, you are finding brand new 1,800 sqft homes starting around 340k. Granted these are those cookie cutter houses where you have about a 10ft gap between you and your neighbor, but 340k for a brand new house is pretty good. And obviously, your insurance premiums are gonna be about 2k per year, which eats into your monthly payment.
Thing is that house was 100-150K cheaper five years ago in same area (Approx). The big draw of Florida will fade slightly (Always a big draw because of weather) and it will shift to either a new state that has undervalued real estate or back to NY/Cali if they ever get competant leadership who aren't adversarial to working people.
Natural Immunity Croc
RE costs are going up across the board, not one area is gonna be isolated in that.
Ivermectin Man
Carp (03-25-2024)
And it's the same where I am. I bought my house in 2017 for 141k. It has roughly doubled in price since then (maybe more), but so has every other house in my area. It gives me a lot of equity, but if we sale and buy something newer/bigger, my house payment will more than double, even if we put down more than 100k as a down payment.
Meanwhile, we could sell, move to FL and buy a bigger/newer home for around 340k and only have to finance 210k.
Last edited by Carp; 03-25-2024 at 03:44 PM.
Pretend that people haven't been moving to Florida for decades because of weather and real estate prices.
When the migration out of Florida happens because of skyrocketing RE I don't want to hear its because RDS isn't the Gov anymore.
Maybe you can go show me anywhere where I said Florida sucks. I know you are super childish and defensive lately because of your TDS but this is jsut sad....
Last edited by thethe; 03-25-2024 at 03:52 PM.
Natural Immunity Croc
"Committed a great sin when she endorsed RDS"
(It's a cult)
Natural Immunity Croc
I think this pick likely results in RFK Jr pulling more from Biden than Trump…