2024 Field

[sturg33]

Demand - What causes people to move to areas?

Do you think weather and affordability matters?

of course.

Florida has always been a destination for older people... since covid has been a destination for everyone.

Good policy matters. Why you work so hard to discount MAGA policies improving a state will never make sense to me

(it makes perfect sense, actually)

[Carp]

Whats going to happen is that price of real estate will continue to incraese in Florida and people will start to move out but it won't really impact till RDS is out of office. Then the usual suspects will say "RDS DREW PEOPLE TO THE STATE!!!"

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.

[thethe]

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.

For sure there are still may affordable areas if you don’t want to live 20-30 minutes outside of a city center. These things happen inc cycles. In 5 years there will be migration out of Florida into the next booming community that still has cheap prime real estate.

[Carp]

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.

[thethe]

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.

[Tapate50]

RE costs are going up across the board, not one area is gonna be isolated in that.

[sturg33]

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.

To save you some time, thethe has to pretend Florida sucks bc Trump has instructed him to hate Ron DeSantis

[Carp]

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.

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.

[thethe]

To save you some time, thethe has to pretend Florida sucks bc Trump has instructed him to hate Ron DeSantis

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....

[Carp]

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.

RE is skyrocketing literally everywhere. Florida was never going to be an exception.

[thethe]

RE is skyrocketing literally everywhere. Florida was never going to be an exception.

Its not an exception - Its that their inherent advantage (Great weather plus cheap real estate) will no longer be that much of an advantage, comparatively, when deciding where to move.

[sturg33]

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....

I wonder if the MAGA policies have anything g to do with +1M gain in GOP registration advantage since RDS took over. Which previously was a 6 figure deficit.

Nah, it's the weather and cheap RE

[sturg33]

RE is skyrocketing literally everywhere. Florida was never going to be an exception.

Indeed. 0% interest rates and locking down the country allowing WFH allowed for a huge housing boom (and of course the inflation by the record spending)

[thethe]

I wonder if the MAGA policies have anything g to do with +1M gain in GOP registration advantage since RDS took over. Which previously was a 6 figure deficit.

Nah, it's the weather and cheap RE

Or they fled from communist areas and decided to go to a great weather destination.

[sturg33]

Or they fled from communist areas and decided to go to a great weather destination.

For sure. MAGA policies proved to be non consequential for improved political performance and population booms

[sturg33]

"Committed a great sin when she endorsed RDS"

(It's a cult)

[thethe]

[Carp]

Its not an exception - Its that their inherent advantage (Great weather plus cheap real estate) will no longer be that much of an advantage, comparatively, when deciding where to move.

As long as other parts of the country are skyrocketing at an equal rate, it won't affect anything.

[thethe]

As long as other parts of the country are skyrocketing at an equal rate, it won't affect anything.

I think the other parts are going to crash with the impending RE crash we will have.

Areas like NY/Cali/Florida will not have the shock that other states will have that had a spike due ot remote work.

[acesfull86]

I think this pick likely results in RFK Jr pulling more from Biden than Trump…