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Reply to "Have you or do you plan to move away from DMV in retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Florida and other places have gotten very expensive last 4 years. To the point moving at 67 makes little sense. My brother bought a place in Florida for 550k in 2018 but did not sell his NY house till 2023 which he got 1.1 million. Today his Florida place is now worth 1.1 million. A doubling of price. At this point it would make more sense for me to keep my DMV house and buy a two bedroom condo in an older building for 300k cash. [/quote] What is the reason for this kind of spike in Florida housing? Is it work from home trends sending more young people ?[/quote] Taxes. People are voting with their feet.[/quote] Yep. It's the taxes. But then you're . . . in Florida. Crowded McMansions. Gross Beaches on the whole. Algae blooms. Collapsing high rises. Hurricanes. And a bunch of wrinkled Magdas living the "beach life." Pass.[/quote] I have no desire to move to FL but gross beaches? I’ve traveled all over the world and the Gulf Coast of Fl has some of the best beaches I’ve seen. Miami beaches are also beautiful…miles and miles of beach alongside walking/biking/rollerblading trails. [/quote]
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