Anonymous
Post 07/24/2025 14:47     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:What is wrong with this place in Jupiter as a retirement condo? Its $700k. Well under $2m.

https://redf.in/nupu0l


$2,182 per month to live in a crappy 70s condo, there that's even worst than a house!

Property taxes $275
HOA dues $1,441
Homeowners insurance $467
Anonymous
Post 07/24/2025 13:34     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
People like you took their money, moved to Florida, and drove up the prices. You’re just late to the game bud.
Anonymous
Post 07/24/2025 13:08     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:
Anonymous wrote:There is no income tax in Florida.


Retirees don't have earned income.


they earn income on their investments.
Anonymous
Post 07/24/2025 13:01     Subject: Re:Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:Companies are buying them up to rent. Your best bet might be to rent a house and put the bulk of the $3 million into something that will earn money. Buying a home is becoming a bad investment because of the high costs of property tax/home owners insurance/mortgage costs - we bought our home recently in cash and I think it was a bad idea.


My FIL sold his house for one of those companies. They tried to rent it for $18k a month. It wasn't even on the water.
Anonymous
Post 07/24/2025 13:01     Subject: Re:Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:To state the obvious, Florida is a big state, with housing available at all price points, just like Virginia.

Another obvious point, Florida has been and remains an extremely popular retirement destination. It's not for everyone, and more than and other state is all things to all people, but the people who moved there in retirement apparently found it attractive.


Yeah, it's a big state. But no one around here wants to go live in the panhandle. When we talk about moving to Florida, we're talking about a fairly specific area and it's quickly becoming unlivable for a northern retiree (or even a southern hillbilly.)
Anonymous
Post 07/24/2025 12:58     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:Let’s say I want to stop working and retire. I won’t have income anymore. So do I buy a $2 million home in Florida, save the extra $1 million from selling my Great Falls home, and just plan to slowly spend it down on property taxes, HOA fees, and insurance until I die?

That’s what it’s starting to look like, and honestly, it doesn’t make much sense. I was hoping to buy a home outright and have minimal carrying costs in retirement. But between the rising HOAs and increasingly expensive insurance, Florida isn’t looking as affordable or stable for retirement as it used to be.

Are there only $2M homes available in Florida?
Anonymous
Post 07/24/2025 12:23     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
What is wrong with this place in Jupiter as a retirement condo? Its $700k. Well under $2m.

https://redf.in/nupu0l
Anonymous
Post 07/24/2025 11:59     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:
Anonymous wrote:There is no income tax in Florida.


Retirees don't have earned income.


How ignorant are you? They have capital gains and dividend income.They have RMDs.
Anonymous
Post 07/24/2025 11:33     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
The market doesn't care about catering to retirees. Believe it or not it used to be cheap to buy in California. If a place becomes popular and people will spend the money, why wouldn't prices go up? Florida's population has grown. If it becomes unaffordable, people choose other places. I think they're now leaving for cheaper southern states.
Anonymous
Post 07/24/2025 11:26     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:
Anonymous wrote:What does Florida produce other than amusement parks and oranges? Decent climate but lots of mosquitos, bad heat, hurricanes.

You gotta produce something. It’s a huge bubble. Retirees can’t support the entire state — they don’t even work!


23.4M people in Florida, one of the fastest growing states, multiple big cities. Suspect they're not worried about your ignorance.


People are fleeing Florida, which is well on its way to becoming a failed state:

https://www.fox13news.com/news/why-people-flocking-from-florida-record-numbers
Anonymous
Post 07/24/2025 11:09     Subject: Re:Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Companies are buying them up to rent. Your best bet might be to rent a house and put the bulk of the $3 million into something that will earn money. Buying a home is becoming a bad investment because of the high costs of property tax/home owners insurance/mortgage costs - we bought our home recently in cash and I think it was a bad idea.
Anonymous
Post 07/24/2025 10:55     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:There is no income tax in Florida.


No state income tax in Florida means that property tax and,possibly, sales taxes will be higher than in states with a state income tax.
Anonymous
Post 07/24/2025 10:31     Subject: Re:Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Anonymous wrote:To state the obvious, Florida is a big state, with housing available at all price points, just like Virginia.

Another obvious point, Florida has been and remains an extremely popular retirement destination. It's not for everyone, and more than and other state is all things to all people, but the people who moved there in retirement apparently found it attractive.


The real estate market is soft in a lot of areas. I don't know if now is the best time to be investing in any Florida real estate.
Anonymous
Post 07/24/2025 10:22     Subject: Re:Florida more expensive than Great Falls? I don't know how anyone plans to retire there
To state the obvious, Florida is a big state, with housing available at all price points, just like Virginia.

Another obvious point, Florida has been and remains an extremely popular retirement destination. It's not for everyone, and more than and other state is all things to all people, but the people who moved there in retirement apparently found it attractive.
Anonymous
Post 07/24/2025 10:19     Subject: Florida more expensive than Great Falls? I don't know how anyone plans to retire there
Let’s say I want to stop working and retire. I won’t have income anymore. So do I buy a $2 million home in Florida, save the extra $1 million from selling my Great Falls home, and just plan to slowly spend it down on property taxes, HOA fees, and insurance until I die?

That’s what it’s starting to look like, and honestly, it doesn’t make much sense. I was hoping to buy a home outright and have minimal carrying costs in retirement. But between the rising HOAs and increasingly expensive insurance, Florida isn’t looking as affordable or stable for retirement as it used to be.