Is Florida Done For? My Honest Opinion
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- Опубліковано 7 вер 2024
- In this video, I explore the pressing issues facing Florida today, including the challenges of moving to Florida, the skyrocketing costs of Florida homeowners insurance, and the stagnant wages in the state. I'll share my honest opinion on whether Florida is still a viable place to live and how these factors impact survival in Florida. Join me as I delve into the realities of life in the Sunshine State and what the future may hold.
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I feel bad for the natives that were poor before all of this and are still struggling. As for the rich or well to do. Nah not so much. Greed will catch up to you and that was the risk you took for moving down there. Beautiful land but seems like it has the trashiest rich people in the south east.
To make Florida more affordable - DISBAND BLACKROCK!!
Right here! Give this man TWO cigars! Right here! Ding ding ding ding!!!
@@FraaaaaankRizzo Hey, you're the irate tile man!!
ua-cam.com/video/PXGZ8ilMkHM/v-deo.html
They're the culprit of what's going on with the real estate price guaging.
ELECT A CONSERVATIVE, NOT WHAT WE'VE BEEN GETTING SINCE RICK SCOTT. DESANTIS IS NOT A GOOD GOVERNOR FOR NORMAL FLORIDIANS, ONLY THE WEALTHY.
@@RedtideFlawhat can desantis do? He has no power to dismantle black rock, he has no power to tell insurance companies to lower their rates or else, he has no power to tell to stop building housing when people wanna move here. He’s not the wizard from the wizard of oz. He’s done all he can do as a governor. If you want different you’ll get Gavin newsome. Is that what you want? A communist psycho
I would never buy a condo anywhere in the country simply because of the home owners special assessments for building repairs. I also steer clear of home owners associations.
The lacks of affordable housing for workers in the tourism is repeating nationwide. Places like Sedona, AZ and Chyenne, Wyoming are having the same issue. Except that sleeping in you car in the winter in Wyoming is really cold, and sleeping in your car in the summer in Florida is really hot. And both suck!
But we rely on minimum wage workers to run these "dream businesses" that Boomers are opening when they decide to open their own "Chicken Chucky" franchise. We have to have poor people! America exists for poor people to be available to be exploited.
And I think the core issue is the widening wealth gap and the disappearing middle class in the US and in fact in most western countries.... the west is slowly and steadily being impoverished and it's intentional.
Native here and have lived in Orange County Florida for 60 years. The affordability problem is not new. I entered the job market in 1972. Same issues as now , low wages and high cost of rent and housing. Most younger people had to have multiply room mates to afford a place. People from primarily the north east pushing prices of housing towards what they paid back home but wages here just sat like it was still 1960. I think the medium wage currently in my county is a little less than 35K per year. The medium one bedroom apartment close to 2K per month. My wife is from Atlanta Georgia and the cost of living in the bedroom communities there are lower and wages higher than here. I own my home outright and have family here. My retirement income is well above average but if my home was destroyed in a storm or took by the local government for redevelopment I would leave the state. Most likely to my wife's Georgia. I had one of the very few decent jobs here because power utilities compete nationally for talent but still had a sunshine tax of about 10% less wage. Most make a lot less here than up north. Much more than a 10% cut. I would advise a younger person that there are communities outside the state that offer overall a higher quality of life for them . If things do not rectify I can see a sever labor shortage worst than what it already is coming. Florida state government is frankly hostile to labor. Laws and regulation lopsided tilted towards the money elite. But with out workers the elite's money and power evaporate.
I did just that…moved to north GA after being in FL for 30 years. Have been here almost 20 years now and love it!
There already is a severe labor shortage. The younger generation have been leaving for years. That will mean elder care is going to suffer dramatically. Florida is no longer an affordable retirement state.
Taxes shouldn't be raised because prices go up, That's just an advantage our Government takes of the system. As a matter of fact Homes should never be legally taxed, it is our Castle, No one should be kicked out of there home after paying it for 30+ years and paying taxes on it, interest and insurance. No one and I mean no one should be kicked out. That should be a written law.
In this country, every square inch of land is a piece of investment... every granite countertop is installed in part to add value to the house and get the most out of refinancing and resale. It's being done for decades. In the capitalist market, every investment ought to be taxed.
@@albertodelgado5120 Not your home, your home is your castle. Only a dictatorship would think like that or Billionaire Crooks. Who pays me for my depreciation when my house gets old and Outdated after it has been taxed the crap out of it?
Governments have there hands out when you make profit, but put there hands behind their backs when we have losses. Hell No. Time for a New System that works for the taxpayers.
@@drc3po Wrong. Stop being a sheep, we are over taxed, even if all home taxes end tomorrow they will have trillions to play with. Have you seen how much money in taxes a year is collected for defense? It's fooking ridiculous, they are robbing us dude, wake up.
@@albertodelgado5120in a capitalist market you don’t have taxes
@@drc3poif public school system was disintegrated, the prices for education would plummet drastically due to more more $ in the market and more competition.
The police also don’t have a duty to serve or protect you, and that’s based on a Supreme Court ruling… that’s your job
Will never go down to the old home prices...Florida is for the RICH
All they need to do is construct structures that are stronger like concrete and the insurance will have to come down. Those wood houses are no good.
I live in a 100+ year old wood frame house that has been through many hurricanes, so I don’t personally feel that’s an issue, but new homes (which haven’t stood the test of time) can get very inexpensive coverage.
You are 100% spot on! I am from Puerto Rico and my family has more than 3 homes and all survived 2017 Maria hurricane and more than a decade of hurricane seasons all are 100% concrete rebar and cinderblocks. USA needs to stop using wood period it’s not a good investment longterm.
I believe most Florida houses are concrete on the outside walls
Should be required. They build block homes in all the other westernized countries. And there are different types of block to choose from.
@@paqstheunknownwe have a house in Rio Piedras that's made partially out of wood and another one in San Sebastián that's 100% wood. Both survived Maria. It depends on how well it was built.
Moving to Florida?....just bring plenty of money...sky hi car and home owners insurance....over priced rents and homes...insane traffic ....it's getting worse every day...we're going into summer with a heat index of 160 every day....most neighborhoods have a home owners association that will run ur life after u overpay in a bidding war for ur dream home....every where u go u have to drive with crowded roads and reckless drivers and over pay for everything.. .but don't worry, the whole country is going in this direction....so welcome to "paradise"....
Sarasota county is getting trashed by all the new housing developments and traffic
@buffaloman5042 I have been living in Orlando for 50 years and we are heading in the same direction
Paradise LOST😮
160° heat index 😂
Aren't all the things mentioned above signs of progress? That would signify the opposite of done
Great State to visit. Terrible on worker rights, wages, and cost of living. I lived there for two years and decided to come back home. If it works for you, salute. It wasn't my cup of tea.
FL Jobs: “MUST HAVE AT LEAST 10 YEARS OF EXPERIENCE NO EXCEPTIONS /3 REFERRALS (YES WE WILL CALL)/ CREDIT SCORE MUST BE 750 MINIMUM.
FL Pay: “With your experience we’re going to start you off at $14 😀”
@@k_escobar917 My wife has a master's degree. She was making 85K in NY with membership in the strongest union in the State. We moved to Florida and she was offered 47K for the same position with none of the labor protections.
It's a retirement State. It was a mistake to move down there. We lost a ton of money. You live and you learn. Thank God I only lost 2 years. It could have been worse.
@pashanoble9359 what workers rights do employees in Florida not have?
@@Usergsjdhdgd Gee idk. A non-compete agreement for a job that pays 16 dollars an hour. It's insane.
@@pashanoble9359 yea, that not fair. I agree.
Thanks for a good and informative report. Yes, we are in trouble and getting out will be a long slog.
Greed, irresponsible HOA , contractor scaming insurance companies and homeowners
Its Blackrock muscling and manipulating insurance companies
BINGO!! Big mafia./ white collar/?
Desantis...he's an idiot
BlackRock has no control over insurance companies, they have because a boogie man for everything
@geocam2 ohhh please explain
Insurance is high because of the scammers.they tried to get me to this roof thing I told them to hit the road
Wait until insurance cancels you for not having a new roof.
@@mike-uw6wt I’m going to install a metal roof
Ha Ha ..lived in Orlando worked 35 years Retired Moved ... Win !
Florida is wonderful. Just not cheap, anymore.
I live i n a rv. $500 a month. rents are cheap too if you shop around
I mean… wonderful? That’s a stretch
@@Arginne I live here, Rents are cheap. TRailers are plentyful. If you compare Fl to ANY major lib city we are still cheaper. I live in a trailer and love it. NY one BR are 1 million. Fl is 350k. How is that expensive? Rent is $500 a month and weather is great, crime low. infrastructure A+. .Hurricanes tolerable. Zero income tax and wel run state.
@@Arginne
Mmmmmkay…..
@@Arginne I live in Florida, I think it’s wonderful.
I would eat a spider before I would buy a condo in FL. And I was going to add “right now” but I don’t think I ever will change my mind on that.
😂😂
We moved to Florida in 2020 and our homeowners insurance was $2800 in 2023 it was $11,000. We now self insure. We love it here but if we had move here in 2024 we couldn’t afford to live where we do now.
It's not the pay that is causing the Teacher shortage. It is the nutcase politics constantly attacking teachers.
Yep! Not a mention of the virulent and wacky politics coming out of the State.
example of what you consider "nutcase politics attacking teachers"
@@sailorcowboy For example Florida law HB 1467 which says a teacher can be charged with a felony for having a book in her class that was not approved by a "certified media specialist". The books must be "suited to student needs and their ability to comprehend the material, and appropriate for the grade level and age group". Guess what, not all kids are at the same level. If I am teaching 5th grade I am not allowed to keep 7th grade level stuff there even though I have kids reading at that or higher level. Instead I have to go through a bunch of big government crap to see if I can get books approved so my advanced kids aren't bored to death.
@@paulconner4614 Did you complain in the past when the so called "progressive" education administrators from the federal level at the DofE demanded the state use their approved books? I think some of the laws directed at controlling what a teacher presents in class is based on the fact woke leftists have been found to be showing kids books and pamphlets of an inappropriate sexual nature including graphic sexual practices and also which promote a "gender affirmation ideology" that parents would rather not be taught clandestinely to their children. I doubt, but you may seem to think, it limits you in choosing books appropriate to a child's academic maturity, I truly doubt that is he case. if you give me an example of that which can be verified by some legal or public event at a local Board of Education meeting.I will listen.
@@paulconner4614 You must be a groomer.
Sadly, you nailed it on this video and all is very true, we are in Port Saint Lucie and our property taxes quadrupled after we bought in 2020, our mortgage went up 1K monthly. We are now having to sell our house even though we make a great living. will be moving to South Carolina. Im upset about it but at the same time there is much more to see and much friendlier people than Florida has to offer speaking as a native Floridian.
Unless you bought new construction the taxes really shouldn’t have quadrupled - did you homestead the property? If so - that’s unusual.
@@OrlandoandBeyondwithKrista I bought my property in the late seventies. And low taxes because of save our homes is one of the things that compensates for sky high insurance rates.
Save our homes exemption is working like a charm, living easy in Florida because we bought 30 years ago, it is just the mad newbies that are raising Cain
@@stephencullum8255 new buyers buying a home like yours, unfortunately, aren’t always educated that property taxes will re-set when they buy and it will be based on their purchase price.
Oh, it’s been done! I would say, around 2000 to 2005 was the beginning of the end. It’s just not one thing. Population spike, low paying jobs, high rents, violence, terrible school systems, weak infrastructures. Rat infested homes that you don’t want or New homes that are out of reach money wise. It’s just a playground for the wealthy. I live in Ft Lauderdale now. However, I lived in Brickell, Downtown (Flagler on the River) Midtown at 30th and Biscayne). I can remember when South Beach was $18 a square Ft to open a business full of mom and pop stores, now I think it’s $350 a square Ft. And people wonder what happened to the eclectic of S Beach? Ross and Trader Joe’s is down there. That’s just one example and let’s not even talk about the unfortunate Surfside Tragedy which really put these buildings in a panic after years of neglect. Causing HOA fees to raise. Pff (Don’t move here)
Florida's biggest problem is it's good ole boy corrupt politics. The govt is owned by the development industry. The beauty and fragility of Florida's unique environment, be damned. As a 65 year old Florida native who has been actively advocating growth management in this state, the public corruption factor is mind blowing. Couple that with a corrupt and incompetent judiciary, the facts support the premise of this program. Unfortunately.
As an Oahu lifetime resident, same thing going on over here, poor supply high demand for housing has increased my home 10 fold since 1986, whereas wages have increased approx. 4 fold. Only way to survive have several jobs, 3 generations live under one roof, or move to the more affordable 9th island Las Vegas.
That was the case when I lived in Hawaii also. Sorry to hear it's such a struggle.
Then we have Morgan and Morgan, Dan Newlin, Todd Minor suing everyone for vehicle accidents. Need a check get in a wreck. Ridiculous!
Born and raised here. Homeowners insurance is going to price us out of Florida eventually. Right now we are trying to pay off debts and the mortgage asap so so we can cancel our insurance. Ridiculous. Who is going or work all the service jobs when normal people are priced out of the state? There are going to be a lot of empty gas stations, restaurants, grocery stores and the like.
Moving out of America is sounding better and better. especially if your retired.
Moved out of new york years ago and went to live in Europe- I don't regret it
🇷🇺
Damn ! Jesuit Joe (Robinette-duPont) Biden got people thinking like that
in just three years ?! These Globalist Technocrats are really Evil
Bye
@@user-ic8ei6ks2o Either way you will be working for me 😂😂😂
You simply make the building standards in Florida insurance friendly so the prices will come down i.e. concrete construction metal roofs no more shingles to blow off no more wood plywood on the roof to be destroyed when the storm comes through housing having trees trimmed away from the housing many many things
I dont think you understand how it works. You cant rip off the economy and make any money "doing the right thing." An MBA you aint. :)
That will take a 100 yrs, but it’s a start !
Just pulled the plug on moving to St Johns county fl - ridiculous taxes, hoa/cdd and insurance costs, not to mention the cost of the mortgage at 7%, even with a big down payment the bankers are screwing you for the next 30 years. In addition when those remote jobs run out of road, good luck bagging a local job paying 100k+ there were literally no real tech jobs in the region.
It's a tough decision for sure. Perhaps you have found a less expensive place?
If you don't have a mortgage, and FEMA paying up to 250k, and interest free loans... going without insurance is a viable option.
Loving this channel.
Keep up the good work 💪🏼
Thank you.
Insurance has gone up not only because of the storms. Yes, it plays a part, but think about all that juicy appreciation homeowners have gotten in just 4 years (and still going up). If you bought your house for 200k a few years ago and now it’s worth 400k the replacement cost has now gone up 100%. Of course the insurance premiums are going to go up. I know too many people who are trapped in their homes. Between property insurance and taxes they are barely holding on, but they’ll never find rent as cheap as their 3% mortgage so there really is no option but to hang on until they’re completely wiped out or sell and move out of the state.
The replacement cost, or cost to rebuild your home, should not be affected by the market value of your home. They are not the same thing.
This Is Correct my insurance company did this they reasessed the replacement cost during renewal and it went up by a lot! 100% luckily i swiched and it is managable but its way below the florida average
With everything that's been happening in Florida, I don't even want to visit that state let alone live there.
Promise no one will miss you. Enough are moving here already
@@thatoneguy94512 exactly
@@thatoneguy94512I love Florida!
Please stay up north Florida is full!
All of Florida is full close the gates coming in and herd all newbies out and then close those gates get rid of all the stick built garbage they call houses today and Florida will be better off I don't know why people came here anyway the weather is miserable 10 months out of the year give me seasons and real winter the only reason we aren't gone is because our house is paid off and my husband doesn't like cold weather but I will take cold over heat any day
Florida is BOOMING!!--Everyone getting rich from Real estate if you bought a house or condo ten years ago
Please keep Florida free. I'll pay for my family to have the Constitution and Bill of Rights our justice here.
Let's be clear, my Tallahassee home insurance went up not less than 100% in 2024, and that is after an approximate 20% the year before.
Also, a group named Storm Chasers got my elderly mother to agree to a roof change. The insurance company resisted, the courts resisted, and the Storm Chasers never ever put on the new roof. After many calls to their "lawyer," saying how awful that was, was instrumental in not performing. Don't sign your rights over to the builder. DON'T!
P.S. My insurance company starts With an S.
Chicago was 34% for one year for my house insurance last summer, so dont get too depressed. At least you have people like me paying for YOUR hurricane damage. It is the American way to find someone else to fix your stuff.
@@jivefive99 that made no sense
No understand written English ?
I can personally atrltest to the roofing issue. Everyone in my neighborhood got a new roof 2 years ago.
The whole country is in the same boat. The only difference is home owners insurance. Wages are probably a bit higher than most southern states.a. The governor just needs to do something to stop the fraudulent lawsuits against the insurance companies.
Fraud is a minor part in the insurance increase. The major reason is global warming causing worst and more storms. Which also increases flooding. The insurance companies have good actuary models telling them what to charge for the risk they are covering. Building codes need to be tougher but that increases cost of construction. Zoning needs changing so we do not build in the most vulnerable areas. There is no easy solution. One thing we can look at is combining our risk pool with other high risk states. Than could give some premium relief.
@@stephencullum8255 Sounds like the global warming fraud is a win for the insurance companies to justify charging more. Science, be it medical, or be it climate, has been corrupted for money and a world reshaping agenda. Time to wake up.
Not Georgia !
Ive contemplated moving to FL and buying a small home..hovever a comparabke home...my property taxes in PA are $500...not $5000....its not sustainable...and out of the equation for now
Nope it’s not comparable
I had to drop my home insurance, in order to pay for my car insurance so I can go to work, out of control
I've been in Florida since 1985 and I love my state. The entire USA has problems so no matter where you go it's the same nonsense. I'd rather stay in paradise!
That’s what I think , when compared to other places , this still the best place to be in my opinion, still cheaper in other areas than anywhere else , even with its problems , let’s hope the governor puts a leash on these homeowners insurance companies
Florida's Governor, Ron DeSantis, is one of the best governors in this country today. He's not perfect, but I admire his strong family and conservative values. If you look at his resume, he could teach a lot of others how to achieve goals and raise a family.
He’s the worst and a Fraud to boot !
Desantemonious is a Nazii
I thought you said you lived in Florida
At least in nyc they have unions that pay workers well with a pension....and in nyc they have plenty of program to help the poor including affordable housing lotteries ...Florida government is completely bought by corporations that keep wages low and everything else high
Establish a state income tax that excludes pensions, social security and military pensions. Increase sales and gasoline taxes. Increase and initiate boat taxes and cruise ship docking fees.
The problem with the roofs is they do not pro rate it. For example if your roof has a life expectancy of 20 years and you have hail damage in year 11. The insurance company should pay for half or 50%. Now the insurance company pays for all or 100%.. That is the problem.
That's changing. Most shingle roofs say they are rated for 30 years but in Florida they only last 20. Under new laws an HOA cannot stop you from installing a storm roof, solar panels or storm window protection. I know a few insurance people and they are concerned they will be replaced with co-opts. I live in northern Florida in an HOA which is 60$ a year, with two pools, tennis courts, green belts with beautiful lit walking paths, two parks and a golf course. I have a co-op power provider and all our power is underground. From October - June the weather is great but from mid June to mid October its hot, humid and rains pretty much every day. My property taxes are lower because I homestead and this is important for snow birds that live here part time because their taxes are much higher.
This time, Florida is done!
A thousand a day moving in from commie shithole states.
Easy living here compared to where I moved from. Home insurance rate is are higher , but auto is lower, taxes are lower fuel is lower so. Just because things are up doesn’t mean it is because of over population. Inflation is up everywhere. Traffic is not an issue.
Everyone knows there are cycles. U have a case where people are buying in droves then when a group of people run out then we have a slow time when people are not buying. Normal trends.
In Florida property taxes rise at 10% a year if not homestead.rental properties are not supposed to be homesteaded.I have to raise rent $100 per month every year to just keep up.I wondered is my house at least going up in value that much? what people need to realize is the cost of pretty much everything doubles after about seven years seven years at 10% is double
I left Florida and came to California out of the frying pan and into the fire lol it was mainly the heat and humidity Florida is like a sauna bath most of the time
The crime rate has ruined my home State already! In my 62yrs it was never this bad! The tourism has dropped-not by much- but enough to feel it economically.
Saw a load of "not Americans" getting off the busses (pural) in Fanning Springs May 31, 2024. What does Fanning Springs need with bus loads of "not Americans ?"
"not American's" WOW
So fanning springs doesn’t want people spending money there unless they are “Americans”?
@@edwebb3954 so smart!
@TheGbp01 wow, you are a smart one too - albe to think .
So tourists?
the condo legislation although needed to ensure safety also has unintended consequences! Condos are OUT of reach for the middle class! just like houses. I have no idea how people who work in the service industries can even afford a apartment, so hiring signs in many restaurants and tourist destinations are ignored. There is no one who can work for 12/hr
sorry for the bad typing!
This is absolutely true. Therefore y'all should visit and not try to stay.
Want to make things affordable? Let's supply and demand do It's job
So tell desantis to obliterate property taxes and millage!!! He does not care that even senior citizens are losing their homes and living in their cars!! 7% sales tax rakes in billions every year!!
,
My family founded Pensacola in the late 1600’s. I was raised in Pensacola but the destruction of the environment and toxic politics caused me to sell my home and escape to the Philippines.
How exactly can that be when the Spanish didn’t stay?
Location of housing in Florida is key to the risk involved for insurance companies. Lower west coast, lower east coast and panhandle are high risk locations. Mass purchases of single family units by financial institutions has driven the price of housing up artificially in some areas, resulting in higher property assessments.
That’s today but you’re fooling yourself if you don’t think it’s gonna be state wide by at some point.
It's already statewide according to some realtors
Florida keeps growing. I live in Jacksonville and there is so much construction here.
I didn’t realize it’s going up 24% in FL that is insane!
I don’t have enough bitcoin.
Thanks for reporting. Subscribed
Wrong about the roofers. The assignment of beliefs law was changed in 2022. So stop blaming the roofers and " insurance " scams.
I'm not saying roofers are scammers.This law came into effect in 2023, and only affects policies that started after Jan 1, 2023. The law may even make it more difficult to get a new roof after disasters, but I suppose it was needed for a reason.
They’re desperate to blame everything except climate change.
Great time to buy an older condo unit in Miami! Lots of condos are for sale! Have to have real deep pockets for HOA future expenses!😂
I don't think Orlando is in the area affected by the reserve legislation.
Many , many lawsuits are because of lowball payouts from Insurance Co. The blame the roofers crowd need to go find a few people in Ft Myers, and ask about their wonderful experiences getting paid after the most recent Catastrophic Hurricane. Better bring lots of money if you are moving here to Florida, Btw jobs mostly pay crap
Keep Praying!
The Trend doesn't look very good for average Americans!
Im still trying to come down within the next couple of years! 😬
Yeah, not surprised. Thought about this years ago, the wealthy will be able to live in Florida and the average person will not be able to afford living there, sad.
What are they gonna do when their car needs fixing or their toilet is broken ?
For the condos I honestly wouldn’t mind paying 13k to upgrade the integrity of the building if it was done collectively. Why wouldn’t you want your building to be structurally sound. Especially an old building
Things have to change maybe the state should restrict the amount of profit contractors and insurance companies make
Well, in Cape Coral, homes are currently selling in the $2 million to $5 million dollar range. Lower priced homes aren't moving as quickly. It is what it is...
Why do this video give me Cash Jordan vibes just for Florida?
i moved in 2007 I am a painter and insurance companies are screwing people. the FED needs to step in.
We need to go back to are roots in Florida, bring back the railroads! Trams, trolleys, metro rails, metro movers, and more railroads!!! Also affordable mid rise buildings that have no amenities, only humanitarian housing. Low HOAs, no pools, no gyms, just mid rises! More walkable spaces, less roads and less traffic.
As a Floridian from West Palm Beach who moved to metro Atlanta in 2005, my goal was to move back to retire. As a teacher. the salary difference between Metro Atlanta and West Palm Beach is $30,000.00. Florida is ABSOLUTELY unaffordable. The "service" tourist attraction state will not have service workers to maintain the demand expected by tourists. Only the VERY rich can afford an extra $18,000.00 for home insurance...$5,000.00 for auto insurance (3 cars)... $2,000.00 for Flood insurance...$3,000.00 for HOA fees....$9,000.00 for property taxes.....that is the minimum for a "starter house " at $450,000.00. It will NEVER recover. No new homeowner wants to volunteer to purchase a home in this out-of-control market. You need at least an extra $30,000.00 per year to pay these additional fees.....200% more than the actual mortgage. Good luck
I'm working 2 jobs trying to save money and move out. Been here most my life and I'm 55. Piss on the northeners moving here.
They are the only ones who are literate in Florida
You're blaming the Northerners - all y'all thought your governor was a good idea. AND Scott who ripped off the state continues to get elected - maybe look at some choices at that ballot box.
@@MarkMayhew LOL!
Glad I got my 3% Mortgage locked in for 30 years.
@@MarkMayhew😂😂😂😂
It’s too late to change!
The new California.
Basically. People don't see it yet but it's true
Yes this roofing nonsense has been going on for years. Thank You for talking about it.
What scares me most about Florida is Red Tide that goes over the whole state and sink holes which as I understand it will just get worst as time goes on. Good place to visit risks are lowers.
Can you please tell me where the fire sells taking place ?
you forgot people who lived in trailer parks where the rent has been 3 or 4 hundred a month and now have been bought by corporations and the lot rents are 8 or 9 hundred a month with some even higher.
How about the bubble prices? Imagine the property tax bill on 2x-2.5x increase in prices, 2x-3x interest rate, HOA big increases, AND the home owners insurance! INSANE
Florida overall is still one of the best states to live in because you’re not paying any state income tax so I mean think about it if you make 100 K a year you’re probably saving five to $6000 out of your pocket by living in Florida and not living in one of the other states in the United States That does take out state income tax so that they’re alone makes it affordable
We more than make up for it in other ways. And most locals are not getting paid 100K a year because so for real
That Roofing scenario happens all over the country ...that's not unique to Florida where rates are going up the most.... the reality is when an insurance company has to pay out 500,000 dollars, 50,000 times,3 times a year, there's no way home insurance is going to be affordable..
I wish you were correct. Its still too crowded.
There's a ton of Guatemalans here too. They're piled up in rentals. I mean piled up.
They dont seem to mind living like that.
@@jamesgullo8240 They have no choice. They do whatever they have to. Most work 6 days a week, all day. Send most of their money south.
God Bless Them !
Sounds like Florida is the new “California”
Wow ! How’d that happen in almost 16 yrs of Republican government ?
@@user-rq1mk9hi4xthis country is for the rich regardless of political affiliation
anyone buying a condo in FL may as well burn thier money.
Florida is full. Come and see Mickey and go back home to New York!
Yeah, Florida is FULL of something !
We are just getting started🎉
Insurance companies have a great deal in Florida. No Assignments anymore. No attorneys fees if your Insurer decides to lowball you. Easy solution. 1. Change building code for stronger roofs. 2. Force all insurers that do business in Florida to sell windstorm. 3. Make insurers pay attorneys fees when they low ball customers. 4. Make solicitation illegal.
And the rest of them will pull out of the state !
My gosh the flooding in south Florida this week
Can you imagine a hurricane?
I don’t understand why you can sign ur rights over to a contractor is that normal
In a country where no one has any money, lots of businesses deal with trying to find a way for you to turn over what wealth is left in America: your home equity, so they can apply for loans on it
It was the collapse of the Surfside Condo in Miami that started the ball rolling with the "reserves". The board of Surfside knew there were issues that would cost hundreds of thousands of dollars to repair. This would have caused an assessment to each owner of tens of thousands of dollars...so they put a band aide on a gaping wound. The building collapsed, killing over a hundred people. Long story short...condos are not the way to go unless you are super rich.
Florida is doing great. More business, more taxes, more opportunities.
Not for like 10 more years. Its warm, so it's not dying like Detroit did
I dropped my home insurance. Why should I subsidise a billionaire's castle on the beach that falls into the ocean every time there is a hurricane?
They shouldnt be allowed to sign over the insurance benefits
Hurricanes have nothing to do with it. Who stealing all the money?
Vote for different people - maybe people who don't just keep rubber stamping development, more is not better
Good luck with that....I've been living here for 50 years and worked for a politician in orange county.....for as long as I can remember real estate developers donate big money to all candidates running for office so no matter who wins.....they own them....from city hall to the white house cash is king
Yes, I’m a native and I’m very excited to leave.
I can't address FL in general, but for Seniors a 55+ community seems to be less impacted by what's going on outside their respective "bubbles," such as The Villages, OTOW (Top of the World,) etc.. They still seem to have a very wide range of home prices from WAY below 300K to over $1M -- something for every budget. Definitely NOT the scene as in Miami with increased condo fees, outrageous assessments, rising HOA fees, property taxes & home insurance surges...not to mention the other 2 HUGE negatives in MOST markets across America (not just FL): Inflated/overpriced/overvalued homes (probably 30%+ over-valued) and inflated/high mortgage interest rates.
What I do NOT like though are those outrageous Bonds home-owners in The Villages (for one example) get hit with as it's added onto their monthly house pay't. That needs to be done away with/repealed. It's already bad enough for home-buyers in FL -- especially First Time Buyers -- then they get a Bond pay't on top of that. I'm talking about new/newer homes, not older homes where the Bond was likely paid off by previous owners earlier.
But NO, I do not at all think FL is "done for" or "finished" -- it just needs some serious corrections. But then so does CO as well. Here in TX? Not bad. But I hope in 2+ years, the housing market in both CO & FL is WAY better for Buyers -- I may move to one or the other IF things improve.
-- BR
Yeah, because they stole all of the money
Not ONLY homeowners insurance.
My auto insurance premium increased 64% in last 2 years !
My car insurance - with two teenagers on it - is shocking. 😳
Things are crazy right now. I’m in West Palm Beach and if I didn’t HAVE to be here I’d be gone. You work just to make everyone else rich. If it weren’t for the sunshine and warm weather……
Millionaires will leave Florida when workers are forced to leave due to overpriced everything. No more restaurants, hotels, grocery stores, ect
My community got a lot of new roofs after hail and wind storms.
Are there any good places to live in US?😢😢😢