Californians LEAVING Florida (massive selloff underway)

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  • Опубліковано 19 лис 2024

КОМЕНТАРІ • 3 тис.

  • @ReventureConsulting
    @ReventureConsulting  Місяць тому +55

    The inventory levels keep rising. To the highest levels in 10 years in some cases. Track the data for your ZIP on Reventure App: www.reventure.app

    • @matthewswingle391
      @matthewswingle391 Місяць тому +1

      @@ReventureConsulting clown times

    • @TravelTechie415
      @TravelTechie415 Місяць тому +7

      There's no shortage of homes for sale .. but there's a shortage of buyers due to high prices. Want to sell your home? decrease your price. Housing has become a grift.

    • @matthewswingle391
      @matthewswingle391 Місяць тому +3

      @@TravelTechie415 you forgot to use every carpetbagger’s favorite line, “I’m on a fixed income.”
      Who isn’t?

    • @rdee7406
      @rdee7406 Місяць тому +2

      @@ReventureConsulting yet the prices aren’t down imagine that! It’s called inflation and those who fail to understand it, will greedily wait for a crash that will never come.

    • @henrythegreatamerican8136
      @henrythegreatamerican8136 Місяць тому +4

      I’ve always been a bit puzzled by why people would choose Florida over California. I once lived in Florida for about a decade and it honestly feels like one big, humid swamp! California, on the other hand, offers such a stunning variety of weather and landscapes. I had the chance to visit Northern California, and I was absolutely enchanted. If I could afford it, I’d retire there in a heartbeat.

  • @jondeak
    @jondeak Місяць тому +359

    I left California in December 2023, bought a house in Tennessee. I absolutely hate it here and I’m listing my house in April or sooner and I’m back home to California. Nothing will ever compare to the paradise California is.

    • @Tips4HomeSellers
      @Tips4HomeSellers Місяць тому +8

      What part of TN did you end up in? Was it the humidity that got to you?

    • @Badkittys4
      @Badkittys4 Місяць тому

      Paradise? A freak and minority infested barbecue pit 😂 sounds good!

    • @frankt5987
      @frankt5987 Місяць тому +7

      Exactly

    • @JCizzleSoCal
      @JCizzleSoCal Місяць тому +40

      I can’t imagine living in Tennessee, Arkansas, Georgia, Idaho, Arizona, Florida, etc.

    • @k4everut
      @k4everut Місяць тому +26

      ​@JCizzleSoCal I grew up in California, and I live in Georgia. Georgia is beautiful and it's getting better. The weather, schools, and social safety net is not as good as California, but the culture near the metro Atlanta area is great and we are working on everything else.

  • @MariaRodriguez-dx6sm
    @MariaRodriguez-dx6sm Місяць тому +268

    As I predicted, the bad weather, low wages, extremely high insurance, property taxes, and HOA fees finally caught them up

    • @Spazzfrom.1989
      @Spazzfrom.1989 Місяць тому +8

      I would pick something more like Dallas myself

    • @SamWilkinsonn
      @SamWilkinsonn Місяць тому +19

      ‘Bad weather’ is an understatement lmao

    • @TheBandit7613
      @TheBandit7613 Місяць тому

      @@Spazzfrom.1989 They dislike Texas even more and are leaving there too.

    • @daveb2280
      @daveb2280 Місяць тому +12

      @@Spazzfrom.1989 Same thing is happening here in Dallas, Texas. I see NY and CA people move in and move out in less than a year. All they see is low cost housing and don't factor in weather, higher property taxes, higher insurance and HOA costs. Oh, and their silly politics don't fly here. One example, a CA transplant tried to fly a pride flag along with the American and Texas flag. The HOA forced them to remove their pride flag.

    • @Matt90541
      @Matt90541 Місяць тому +5

      not really, you can buy Florida real estate on pennies on the dollar compared to California.
      Is cheap, that's a big reason why people move there.
      Plus prices in Florida are going down.

  • @AN-jw2oe
    @AN-jw2oe Місяць тому +91

    We are in Northen California, our neighbors moved to Florida about 3 years ago, but we just learned they moved back. They cited that wages are lower there in FL and insurance costs are much , much higher than in CA, so there is now no financial benefit. Plus the weather sucks, so they are back in CA with a better salary.

    • @warthog123
      @warthog123 Місяць тому +10

      I always told my friends they can move out CA but Florida, Texas does not have any caps on property valuation increase, and hence the taxes goes up significantly.
      And due to the extreme weather now the insurances are not manageable.

    • @vijahast
      @vijahast Місяць тому +4

      @@warthog123yep… prop 13 baby!

    • @abee4138
      @abee4138 Місяць тому

      ​@@vijahastthey're trying to remove prop 13 ,keep eyes open and vote

    • @AN-jw2oe
      @AN-jw2oe Місяць тому +2

      @@warthog123 grateful for prop 13!!

    • @Trumps_Idiocracy_2024
      @Trumps_Idiocracy_2024 29 днів тому +2

      I think this is the real narrative. If you're belly-aching living in California, then you'll probable belly-aching when you leave. Some are just never happy

  • @jediryan9454
    @jediryan9454 Місяць тому +40

    I lived in NYC and moved to California. Hands down, no state compares to California. Where you can ski, go to the beach, hike and have nice weather year round all in a 30 mile radius.

    • @cobracommander9138
      @cobracommander9138 Місяць тому +4

      I have lived in California all of my life. I live within 30 miles of the beach, the mountains and the desert. I never go to any of them. 🤣

    • @lolacookie453
      @lolacookie453 Місяць тому +3

      You can surf in the morning, hike in the afternoon, ski in the evening ❤ we have it all ❤

    • @DailyRants89
      @DailyRants89 Місяць тому +2

      @@lolacookie453nobody does that though. It sounds good though. Most people that aren’t rich are just trying to make it in CA and are working multiple jobs while being stuck in traffic.

    • @garryferrington811
      @garryferrington811 Місяць тому +1

      The thing is, it takes two to four hours to get anywhere.

    • @cobracommander9138
      @cobracommander9138 Місяць тому +2

      @@DailyRants89 But you see the beach on your way to work! Then you see the mountains on the way home! 🤣

  • @TheDeluche
    @TheDeluche Місяць тому +81

    Same deal in Texas. People don’t realize the hidden costs of insurance in Florida and the hidden costs of property tax in Texas.

    • @hoospoodles
      @hoospoodles Місяць тому +5

      I would never live in Texas

    • @MACH1TIPS
      @MACH1TIPS Місяць тому +4

      @@hoospoodlesi love texas. My property tax is $400 a year in a 3 bed 2 bath on a 1 acre lot. With. 100k+/yr job that doesnt require a college degree in the oil field.

    • @jeretso
      @jeretso 27 днів тому

      My buddy bought a house in Texas half the price and twice as big as their house on the East Coast. They saved hundreds of thousands of dollars so he doesnt worry about property taxes. East coast has property taxes and income taxes.

    • @safeandeffectivelol
      @safeandeffectivelol 26 днів тому +1

      The thing was homes used to be very cheap in Texas around 10 years ago so the higher property tax rate wasn't a big deal. I bought a 2700sf house on 1/3 acre for $175K. The property tax was around $2800 and no state income tax. Now that same house is valued at $450K and the property tax is $8000. The insurance back then was $800 and is now $2500. The last major hail storm was in 2016 and I had to replace the roof.

  • @jeff.0-3
    @jeff.0-3 Місяць тому +221

    I have a friend I work with moved from NJ to Delray Beach, FL in 2017. For a few years he was bragging about how much he was saving in prop taxes and having no state income tax. Fast forward to 2023, his HO Ins. went from $3300/yr to over $12k/year. Prop taxes went from $4300 to over $9k. His salary didn't go up at all. He saw how many houses in his area were for sale, so he sold his before prices went down too much and moved back to NJ earlier this year.

    • @endofsociety
      @endofsociety Місяць тому +25

      I'm originally from NJ but will never move back to that God forsaken state. I'm looking to get out of florida myself but probably midwest somehwere. I'd rather face down tornado possibilities than go back to NJ.

    • @catherinesanchez1185
      @catherinesanchez1185 Місяць тому +9

      I live in Maryland . We get a lot of people moving in from NJ cuz our taxes and cost of living is lower.

    • @johngreg12
      @johngreg12 Місяць тому +6

      @@catherinesanchez1185 Maryland taxes may be lower but it is not that low. Maryland has county taxes that does not show up as state taxes, just like Ohio and a few other states.

    • @genarolegorreta3418
      @genarolegorreta3418 Місяць тому +1

      FAFO

    • @steve83333
      @steve83333 Місяць тому +5

      How can H.O. Insurance possibly be $12K/year? Seems impossible.

  • @Mikefngarage
    @Mikefngarage Місяць тому +243

    I bet the investors got their home owners insurance bill and said.......IM GONE...

    • @Mr111871
      @Mr111871 Місяць тому +13

      @@Mikefngarage my insurance came to 4000 and one year the next year I sold and moved back to California

    • @ViceCoin
      @ViceCoin Місяць тому

      ​@@Mr111871HOA fees as well.

    • @endofsociety
      @endofsociety Місяць тому +22

      And they can't rent them for 3k a month because native floridians are broke broke

    • @Mikefngarage
      @Mikefngarage Місяць тому +6

      @@endofsociety this is what they call getting schooled....ha ha. Investors got schooled thinking they are going to be RICH....

    • @Mikefngarage
      @Mikefngarage Місяць тому +3

      @@Mr111871 probably 10 grand now

  • @southeastfilm
    @southeastfilm Місяць тому +247

    I love in Palm Beach county. I spoke with someone from San Diego that was in the process of moving back after 9 months in Boca Raton. He said the rent was the same but the wages were too low and the humidity in the summer was just too much. He said they were breaking their lease at 9 months, moving back and saving close to $300/month for a similar apartment in San Diego. The wages in Florida don't even come close to supporting the cost to live here. It has to reset, there is no other option.

    • @InMyBrz
      @InMyBrz Місяць тому +37

      You are 100% correct, Florida IS NOT PARADISE, especially these days

    • @SA-hz1rs
      @SA-hz1rs Місяць тому +27

      @@InMyBrz it never was paradise. Who really thinks that shit and why? THe cities are ugly, the weather sucks, theres alot of crime, theres hurricanes, its a dump

    • @marshallj2415
      @marshallj2415 Місяць тому +14

      @@southeastfilm The only way to make good bankable money in Florida is to work for yourself. I lived there and worked for myself and retired to Colorado and SoCal.

    • @InMyBrz
      @InMyBrz Місяць тому +8

      @@SA-hz1rs DON'T forget the LOUSY PAYING JOBS

    • @WeSayFunny
      @WeSayFunny Місяць тому +16

      @@SA-hz1rscrime is not high. Crime is high in NYC’s and in LA, two places I have lived in the last 7 years. Florida’s worst case is the humidity and hurricanes. If you get past between June and October Florida is GREAT. Wages do need to increase, not far off from Los Angeles where I moved from.

  • @davidsykes2979
    @davidsykes2979 Місяць тому +19

    So glad I did not fall for the grass is always greener trap. I love CA and will never leave.

    • @Trumps_Idiocracy_2024
      @Trumps_Idiocracy_2024 29 днів тому +1

      Me too. Misery is usually the person not the locale. Make the best with what you got.

    • @davidsykes2979
      @davidsykes2979 29 днів тому

      @@Trumps_Idiocracy_2024 All the people I know who moved from CA regret it and cannot afford to move back.

  • @peterl708
    @peterl708 Місяць тому +277

    If those Californian are moving back to California, they have a rude awakening. The home prices here are much higher than when they left

    • @Openminded4life
      @Openminded4life Місяць тому +10

      They sure are! There are sellers cutting prices in order to sell.

    • @Mikefngarage
      @Mikefngarage Місяць тому +27

      Yea and lets hope they bring back some Voters from the RIGHT.....We need a regime change

    • @jackspdr
      @jackspdr Місяць тому +12

      49% increase in rent in my area....

    • @bespoke4187
      @bespoke4187 Місяць тому +7

      And the wildfire threat isn't much better.

    • @jason5523-r5m
      @jason5523-r5m Місяць тому +3

      Quite a few heading to georgia.

  • @taylor.e.a.g
    @taylor.e.a.g Місяць тому +132

    I was a Californian who left Florida. The weather is truly unbearable when you've grown up in CA. Upstate SC is much better

    • @MbisonBalrog
      @MbisonBalrog Місяць тому

      Have you tried Northern NM?

    • @l.j.r.8448
      @l.j.r.8448 Місяць тому

      @@MbisonBalrogno ocean.

    • @patrickodonnell9388
      @patrickodonnell9388 Місяць тому +8

      @taylor.e.a.g I love California I just can't live with your goverment and your insanely high taxes and the lack of representatives in government if you dont live in the city's your not getting what you belive in.

    • @GCPCA-p5b
      @GCPCA-p5b Місяць тому +14

      You didn't know about the FL weather before you move? LOL

    • @patrickford5109
      @patrickford5109 Місяць тому +20

      That's the whole thing. People vacation there in January and think the weather is great. They have no idea what that level of humidity feels like. It's usually low 90s but it feels like swimming in hot chicken broth. And it does not cool down at night. It will quite literally still be 90 at 1:00 in the morning. In California it could be 102 and as soon as the Sun goes down the temperature shoots down and a lot of people want a light jacket. I grew up in Santa Barbara and we never had an air conditioner. Almost no one did.

  • @henrythegreatamerican8136
    @henrythegreatamerican8136 Місяць тому +45

    Nice to see a video of someone actually out there on the street rather than behind their desk.

  • @VernonEmerson-w8f
    @VernonEmerson-w8f Місяць тому +70

    I moved from beautiful San Diego to the Tampa Bay area several years ago never have been happy in Florida though never! I’m one of the people that will be leaving Florida and moving back to my beautiful San Diego California. As soon as I can get all the arrangements made!

    • @suec2117
      @suec2117 Місяць тому +19

      San Diego is the best! Love it!❤️

    • @prosperitylife5344
      @prosperitylife5344 Місяць тому +11

      ​@@suec2117San Diego is the best city in America for me

    • @hoospoodles
      @hoospoodles Місяць тому +6

      I love San Diego got to spend some time there!

    • @Jeannified
      @Jeannified Місяць тому +3

      Grew up in Atlanta, but have lived in San Diego for 33 years. Aunt and cousins families live in the Tampa Bay Area. Fun to visit, but I love living in San Diego!

    • @ileana6281
      @ileana6281 Місяць тому +4

      San Diego has the most temperate weather in the USA. I live in the Altadena area (north of Pasadena). You’re
      “going going
      Back back
      To Cali Cali” 😎

  • @azspotfree
    @azspotfree Місяць тому +40

    Just the other day I was thinking that my life is too peaceful and I'd like to live in a place where my house costs 3 times what its worth, could be leveled at any moment by a hurricane and costs 2500 a month to insure. Florida came to mind.

  • @TonyStarkChillinFromHeaven
    @TonyStarkChillinFromHeaven Місяць тому +77

    I don't mind ppl from other states coming to FL for a better life. I hate when greedy companies and devs come here and buy all the houses just to park their money or only use it as rental properties and charge an arm and a leg. So Im glad these companies are struggling to sell now.

  • @aprilgentile5438
    @aprilgentile5438 Місяць тому +79

    Florida has been a transient state for many decades that will never change.. most people move back to where they came from in less than 5 years.

    • @palace927
      @palace927 Місяць тому

      Same in Arizona.

    • @jarvisaddison8560
      @jarvisaddison8560 Місяць тому +6

      Native Floridian here ( Miami) 've been telling people that about Florida for years. people don't usually stay but for about 5 years

    • @EconomicWarfare
      @EconomicWarfare Місяць тому

      THANK GOD! 🤣😂

    • @safeandeffectivelol
      @safeandeffectivelol 26 днів тому

      @@jarvisaddison8560 If you don't love the beach, then it's not worth it.

  • @Mr111871
    @Mr111871 Місяць тому +340

    I am one of them. I sold my house in Florida five months ago and moved back to California.

  • @C1K450
    @C1K450 Місяць тому +27

    It’s because the “WFH” trend is gone. Companies are making workers return to office or offer hybrid schedules. The wannabe UA-cam “escaping the matrix” house investors didn’t study Florida’s economy and realized that the majority of Floridians work in service-based industries (hospitality and tourism). These are wages that cannot keep up with their asking price for a home. Those prices were suited for the WFH crowd living here during the pandemic. Now a lot of Californians and New Yorkers are moving back to their original states or relocating to a nearby state where their company have branch offices close to the HQ.

  • @tabbott429
    @tabbott429 Місяць тому +63

    600K for a previously flooded house with no basement thats pretty small? NO THANKS! For that price you can get 5x more in Detroit suburbs and a fraction of carrying costs.

    • @sharoncrawford7192
      @sharoncrawford7192 Місяць тому +8

      Can't have basements in Florida.

    • @factitiously
      @factitiously Місяць тому +3

      ​@@sharoncrawford7192 That's not the point 🤣🤣🤣

    • @MagicNomadic
      @MagicNomadic Місяць тому +16

      ya but when you open your door, you're still in DETRIOT! 😜

    • @ian2372
      @ian2372 Місяць тому

      But it's detroit. No one wants to live there.

    • @andredaedone7732
      @andredaedone7732 Місяць тому +4

      I am From Detroit and lived in Florida for years and now in South Carolina... You can have it, I will stay in the South.

  • @richardelliott8352
    @richardelliott8352 Місяць тому +19

    during my time as a renter in Florida, I enjoyed living cheaply on a golf course, but never could adjust to the semi tropical hot summer weather and great amount of household bugs. really enjoyed the natural terrain, but you couldn't sit on the ground because of fire ants. raising my son in California guaranteed him a much better chance at a successful life, an easily checked fact.

    • @EconomicWarfare
      @EconomicWarfare Місяць тому

      WITH ALL THOSE DRUG ADDICTS, HOMELESS PEOPLE, AND LIBERALS. Good luck. 🤣😂

  • @fantasyEXX
    @fantasyEXX Місяць тому +432

    I don't blame them. California is the Buggati and every other state is a KIA. No place on earth offers you the amenities that California does on quality of life. Everyone always wants to return. Don't let the media fool you, California is an amazing place to live even if it's expensive

    • @mostmost1
      @mostmost1 Місяць тому +35

      Some places are just worth it for your money.

    • @TrickyPasta
      @TrickyPasta Місяць тому +65

      The only good thing about CA is the weather. Everything else is shit.

    • @lasticonoclast
      @lasticonoclast Місяць тому +37

      There’s a reason California housing is expensive. You get what you pay for. I moved from the Valley to the OC shore 10 years ago to escape the heat, bad air and brush fire risks. Best decision I ever made. I could not imagine living anywhere else.

    • @stephaniewalsh67
      @stephaniewalsh67 Місяць тому +26

      As a Maine girl who visited Sacramento, I have never encountered such friendly, happy people, especially the drivers.

    • @babyblastCN
      @babyblastCN Місяць тому +7

      @@TrickyPastaeducation,restaurants,entertainment,and romances

  • @Libertarian_Neighbor
    @Libertarian_Neighbor Місяць тому +447

    I’m from CA. I’ve seen so many friends and acquaintances leave for Idaho, Florida, Tennessee… just to come back to California in 1 to 4 years.

    • @LawrenceWalsky
      @LawrenceWalsky Місяць тому +11

      Where in CA? Where did they move from? I’m just looking for some anecdotes. (:

    • @alpharomeosierra7748
      @alpharomeosierra7748 Місяць тому +62

      Stockholm Syndrome…

    • @Fuxerz
      @Fuxerz Місяць тому +69

      Same here in Phoenix. They hate the heat. 2 summers, they are gone 7 out of 10. Gone

    • @Dixon_Cider407
      @Dixon_Cider407 Місяць тому +82

      Good. They need to go. Florida is full

    • @Bob-qo7pu
      @Bob-qo7pu Місяць тому +42

      good to hear. hopefully they didn't fk up those states too bad.

  • @austinbar
    @austinbar Місяць тому +123

    I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

    • @eloign7147
      @eloign7147 Місяць тому +5

      If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

    • @rogerwheelers4322
      @rogerwheelers4322 Місяць тому +4

      Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

    • @joshbarney114
      @joshbarney114 Місяць тому +3

      This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

    • @FabioOdelega876
      @FabioOdelega876 Місяць тому +2

      Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.

    • @joshbarney114
      @joshbarney114 Місяць тому +4

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

  • @JohnZolla-bp7tl
    @JohnZolla-bp7tl Місяць тому +12

    I've lived in California since 1968. I have no intention of ever leaving. But for some the grass is always greener........
    They learn the hard way.

  • @ViceCoin
    @ViceCoin Місяць тому +29

    Housing is usually cheapest were no one wants to live (rustbeltAppalachia).

  • @CraigLloyd-fz6ns
    @CraigLloyd-fz6ns Місяць тому +80

    Mortgage rates are currently at an all time high since 2000(24 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

    • @Fred-w7t
      @Fred-w7t Місяць тому

      The stock market is no different, to maintain profit you need to have some in-depth knowledge on the market. I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

    • @noahbeaufort
      @noahbeaufort Місяць тому

      In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

    • @noahbeaufort
      @noahbeaufort Місяць тому

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    • @Derawhitney
      @Derawhitney Місяць тому

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    • @theaveragejoe5781
      @theaveragejoe5781 Місяць тому

      Rates are actually coming down, starting with a 50 bps cut. Small risk given presidential election, admitted

  • @drdoc7508
    @drdoc7508 Місяць тому +18

    Im from arizona..been in florida for 4 years.. insurance rates and taxes have gotten out of hand. The weather SUX!
    Sold our home last week and heading back to AZ! Hallelujah

    • @Sweetpea3051
      @Sweetpea3051 Місяць тому +3

      Wet heat versus dry heat is a huge difference for sure!

    • @Lzrdman91
      @Lzrdman91 Місяць тому

      Welcome back, at least we don’t have toll roads.

    • @safeandeffectivelol
      @safeandeffectivelol 26 днів тому

      @@Sweetpea3051 Yeah but the dry heat in AZ is 120F

    • @abel4776
      @abel4776 2 дні тому

      Where in AZ?

  • @williamtran6024
    @williamtran6024 Місяць тому +12

    I sold my Florida properties 20 years ago after Hurricane Ivan. I vowed to never buy in Florida again

  • @jackspdr
    @jackspdr Місяць тому +53

    Return to office is killing all the remote workers that bought "cheap"

    • @pinschrunner
      @pinschrunner Місяць тому +4

      Yes it is.

    • @SA-hz1rs
      @SA-hz1rs Місяць тому +5

      theres no reason to be in florida

    • @RedCurlyQ1
      @RedCurlyQ1 Місяць тому +1

      I don’t feel so bad.

  • @pa5403-n4s
    @pa5403-n4s Місяць тому +12

    In Orange county California houses are still selling in 5 days at best offer and 50 percent more than in January of 2021! The rental price is only 2.6% of its value. Properties are rented for less money than 2022 but the property values have increased 15 % since then.

  • @divergentone7491
    @divergentone7491 Місяць тому +54

    Nick you are showing proof that people cannot run away from their problems, they need to stay put and get involved to change the things they do not like.

    • @mattdecker6791
      @mattdecker6791 Місяць тому

      @@divergentone7491 I don't think so. Where you live and work is one thing. But once you are retired and untethered to a job, true freedom to explore and relocate exists. Plus, moving far away is a reset and an adventure.

    • @brettdavidson3866
      @brettdavidson3866 Місяць тому

      100 percent

  • @AnthonyStromDesign
    @AnthonyStromDesign Місяць тому +25

    They discovered that the grass isn't greener on the other side of the fence.

    • @palace927
      @palace927 Місяць тому +1

      The grass maybe greener from all of the manure.

    • @elenadexter5430
      @elenadexter5430 Місяць тому

      manure you!

  • @JimmieBrown-sg8fq
    @JimmieBrown-sg8fq Місяць тому +23

    I have no idea why anyone would want to live in the great state of Florida full time. Lived in FL for about 7 years working at St. Lucie Nuke station. 95% humidity, mosquitoes big as hummingbirds, gators in your backyard, couple of hurricanes every year, property tax off the chart, 10 years ago moved to DE to work at Salem Nuke. never looked back. Visit friends I still have down there great people but I always plan my trips for late fall to early spring.

    • @johnnynick6179
      @johnnynick6179 Місяць тому +2

      Thank you for leaving. We are currently overpopulated. Take a few friends with you.

    • @sues3218
      @sues3218 Місяць тому +8

      Don't forget the No-see-ums, coachroaches, and fleas. You have to constantly spray your yard and house to keep them out. If you have pets that go outside, you have to give them chemicals to keep the fleas off, and pills for hearworm disease. The red ants are a pain too. I left there 18 years ago. You couldn't pay me enough to go back.

    • @peterle5419
      @peterle5419 Місяць тому +1

      I had a cousin who lived in florida after my aunt remarried, my cousin died because of some disease she caught after being bitten by a mosquito there.

    • @bkeen7013
      @bkeen7013 Місяць тому

      Florida to Delaware?? Must’ve been quite a change.

    • @JimmieBrown-sg8fq
      @JimmieBrown-sg8fq Місяць тому +1

      @@bkeen7013 Little bit. Philly, NYC, Baltimore etc all close. DE beaches nice and mountains driving distance plus you get 4 real seasons worked out well

  • @nef.spring
    @nef.spring Місяць тому +10

    I got a friend selling his house in Orange county and moved to Dallas. 5 yrs later he wanted to move back and found out his house selling for 550k going up to almost 1,000,000 (2016-2021) while his house in Dallas he paid 280k , and price is 285k 5 yrs later . He gave up his moving back plan and really regretted it 😊

    • @blenderbanana
      @blenderbanana Місяць тому

      Wow. As someone who frequently works in Dallas, that man is straight fool.
      It takes less than 30 minutes of foot investigation to realize that Dallas is a Concrete tomb surrounded by miserable suburbs: sprawled across a two hour traffic jam.
      😂😂😂
      Jesus Christ, I hope he didn't breed.

    • @blenderbanana
      @blenderbanana Місяць тому +1

      DFW is literally the worst metro area in Texas.
      It's a two-hour traffic jam: with no urban-housing: everyone lives in the suburb rings; far away from work; people; and amenities.
      It's possibly one of the worst major cities in America to live in.
      What a knob.

    • @safeandeffectivelol
      @safeandeffectivelol 26 днів тому +1

      @@blenderbanana DFW used to be 3 million people and is now closing in on 8 million. The traffic is almost as bad as the LA area. Californians moving here don't get it. I live in the exurbs and my city went from 100K to 250K population in the past 15 years. They call it New California now.

  • @skyhawks4ever
    @skyhawks4ever Місяць тому +5

    Very good video! One thing that you didn’t mention, at least I didn’t see it is that Florida is in an insurance crisis and a lot of people are leaving because they can’t afford or they cannot get home owners and/or flood insurance. And we just saw what can happen in Florida and it’s likely to happen more often now as the storms get worse.

  • @Cloudyconfusion
    @Cloudyconfusion Місяць тому +11

    My friend is doing this with her home in Texas. She didn’t just randomly move there to leave CA, her husband got a home there but still. People are returning to California. Most people didn’t want to leave, they want to be in CA by family, but couldn’t afford it or needed jobs which were dwindling here

  • @jshotwell454
    @jshotwell454 Місяць тому +12

    The move back to California is real y’all!

  • @sinister_right
    @sinister_right Місяць тому +49

    Those investors from out of state neglected to factor in the fact that people living in florida can't afford those ridiculous prices investors are asking for in rent. Florida is a service economy people don't earn the kind of income to afford those prices. I would think as an investor they would have done the research to know this. Apparently Not.

    • @preeyakumari-i2q
      @preeyakumari-i2q Місяць тому +3

      It’s the same in the car market. After the pandemic they raised prices every year, now trucks and cars are unaffordable for the working class, lower middle class, middle class

    • @cfujii1251
      @cfujii1251 Місяць тому +3

      asking for high rent it sits for months not generating an income, they lower rent by a couple of hundred, and still sits with no rent…

    • @1powerequalsgod
      @1powerequalsgod Місяць тому +1

      Exactly!!! Who are the local population who can afford to live in these homes

    • @redtiger7268
      @redtiger7268 Місяць тому +7

      The investors were banking on the "work from home" movement taking over. They were hoping people would move to places like FL but yet keep their NYC incomes. It is not working out as they planned.

    • @YourHineyness
      @YourHineyness Місяць тому

      @@redtiger7268 The problem with working from home is that your company may discover that it can pay someone in India who works from home too...for 1/4th your salary.

  • @scottsheppard6077
    @scottsheppard6077 Місяць тому +3

    I'm so glad to hear this!

  • @bradbrown3073
    @bradbrown3073 Місяць тому +78

    That woman you interviewed on the street was not aware of what’s going on.

    • @judydestefano7082
      @judydestefano7082 Місяць тому +10

      I got that same impression of her.

    • @pinschrunner
      @pinschrunner Місяць тому +10

      But Nick always makes up a negative narrative for Florida. He knows nothing about this market. There is an enormous housing shortage because 400+ miles of Gulf Coast homes just got destroyed by Helene

    • @mattrandall1808
      @mattrandall1808 Місяць тому +3

      shes upset bc dancing with the stars was postponed.

    • @kevinc8811
      @kevinc8811 Місяць тому

      @@pinschrunner It’s funny you’re the first one to mention it. All those so called experts that were hoping prices were going to drop 50% to 80%, which wasn’t accurate to begin with. Haven’t even taken that into consideration yet. Some experts. 😂

    • @CroisMoi
      @CroisMoi Місяць тому +1

      @@kevinc8811. I think we need to take into consideration who stays in Florida after huge losses after a hurricane. If you lost everything, I would bet you leave the area. You could lose it all again. My dad is in Ft Myers and he said so many lost everything. This is not a good retirement plan.

  • @IIIKingsMedia
    @IIIKingsMedia Місяць тому +11

    Naples here....BIG pattern change, everyone I know is selling their place now to cash in and move somewhere cheaper!

  • @WeRWar
    @WeRWar Місяць тому +25

    Please go back to California and make things expensive over there. I’m tired of paying these prices because of people from NYC and California.

    • @dorino9057
      @dorino9057 Місяць тому +4

      Prices were going up regardless, people from other southern states moving between states

    • @steve83333
      @steve83333 Місяць тому +8

      Fixed it for you: "Please go back to California and make things expensive over there. I’m tired of paying these prices because of DeSatan and tRump"
      Florida ruined by too many MAGA's

    • @Steve-cw1zo
      @Steve-cw1zo Місяць тому

      Love the weather and beauty of California. Planned on buying a home until the pandemic. Now I see a state where crime homelessness inflation is handled in ways I can never get behind. I have now bought a home in Florida, don’t like the humidity, ugh, but as a conservative, wouldn’t want to live anywhere else.

    • @dogsense3773
      @dogsense3773 Місяць тому

      ​@@Steve-cw1zomurder rate in san Francisco is at its lowest in 60 years! Right now

  • @jwhiskey534
    @jwhiskey534 Місяць тому +16

    Hope to hear the same news but for New Yorkers!

  • @keithn4304
    @keithn4304 Місяць тому +15

    We are such fools. Unless you're selling your home, increasing home values only means higher taxes and insurance rates.

    • @gymjoedude
      @gymjoedude Місяць тому

      Expert in California where your taxes are fixed on the purchase price. That's why people that have homes worth a million dollars pay little in taxes since they night 20 years ago for $200k.

    • @keithn4304
      @keithn4304 Місяць тому +1

      @gymjoedude is that prop 19 you're talking about? Isnt it just for folks 55 years and older and disabled? Either way, it is a good idea. In many other states, they delay property taxes completely for seniors and collect it interest free at estate liquidation.

    • @vodkarocket1
      @vodkarocket1 Місяць тому

      @@keithn4304I think it was prop 13, but either way, it’s for all homebuyers. I live in San Diego, bought my house in 2012 and even though the value of my house has changed, we pay the property taxes based on the price at purchase, its the ONE tax break we get in Cali, but its a good one. I am sure the greasy pols here will try to take it away somehow, but for now, its a lifesaver

  • @carymarshallfelton9188
    @carymarshallfelton9188 Місяць тому +64

    I can't see how Californians moved to Florida. The weather in Cali is immaculate and I'm Floridian. Culturally its not for me, but the weather my lord. My cousins used to visit us in St. Pete from Sunnyvale CA. All they would do is complian about the humidly.

    • @SA-hz1rs
      @SA-hz1rs Місяць тому +7

      barely any moved there. Itw was always overblown by people like DeSantis

    • @cflo1386
      @cflo1386 Місяць тому +8

      You can't beat California weather.

    • @joshanonline
      @joshanonline Місяць тому +4

      As a floridian, I am VERY Happy that Carlifornians are leaving. If I had extra money, I would buy sponsor their moving. Now, we need to get more new yorkans and texans out. There's so many texans still...

    • @Jorgetrader
      @Jorgetrader Місяць тому +4

      Sunnyvale is awesome, not gonna lie.

    • @SA-hz1rs
      @SA-hz1rs Місяць тому +1

      @@joshanonline too bad desantis cant brag about it anymore. Oh well, now CA and NY will brag about leaving florida

  • @bespoke4187
    @bespoke4187 Місяць тому +20

    As a native east coast person, born in SC and raised in NOFL who is coming back to Florida after a decade awa. All I can say is only the strong survive in this state. Way more affordable to live in Florida long term. We just can't wait to have housing, in a nice area, close to where my husband works. Where we live now the most affordable housing is about 2 hours away from the high paying jobs. It's really hard to survive in CA. Weather is awesome, landscape outside the city is unbeatable, but most people making 100k or less can't take off time working 3 jobs to enjoy it. 🙃

    • @careyfreeman5056
      @careyfreeman5056 Місяць тому +4

      It's not what it was 10 years ago. Miami (and their developers) have taken over. They've literally captured my hometown (St. Pete) and the plague has spread to Jax too. Hell, even Ocala is becoming an overbuilt shithole. IDK, maybe you've got a place in the country, but the rest of the state has gone to Miami hell.

    • @cindyhuffman6711
      @cindyhuffman6711 Місяць тому

      So right about Ocala

    • @kevinc8811
      @kevinc8811 Місяць тому +2

      Compared to California housing is definitely more affordable. But insurance, property taxes and HOA fees if applicable have really jumped up. Make sure you check into all the details first just to be safe. If you’re buying a preowned home keep in mind if the seller has been in the home for many years, what they pay in property taxes may be way less than you might have to pay after you buy it.

    • @BlissfulGardening15
      @BlissfulGardening15 Місяць тому

      @@bespoke4187 Only the strong survive in CA. You need two 6 figures income earners to buy a home and keep up with inflation.

    • @EconomicWarfare
      @EconomicWarfare Місяць тому +1

      I would recommend NE FL, St. John's County. The property taxes and insurance aren't as high in the NE. We are always spared during hurricanes too. I never have power outages.

  • @Nuevachica
    @Nuevachica Місяць тому +9

    Still so expensive in San Diego! It’s ridiculous! An open ugly house in a shady neighborhood is over $1.5M!

  • @dmac42
    @dmac42 Місяць тому +42

    That is awesome news! Hopefully New York, New Jersey, Connecticut, Massachusetts, and Philadelphia follow

    • @dmac42
      @dmac42 Місяць тому +1

      You’re Western New York totally different I’ve seen shirts down here that say I’m not from New York, I’m from Buffalo. western New York are good people just like Pittsburgh is nowhere close to Philly attitude

    • @nmhdez
      @nmhdez Місяць тому +2

      Philadelphia isn’t a state.

    • @dmac42
      @dmac42 Місяць тому +1

      @@nmhdez yeah I know that but they’re an attitude all to themselves so it’s unfair to loop them in with people from Pittsburgh

    • @lisaoscar1625
      @lisaoscar1625 Місяць тому

      And Canadians

    • @dorino9057
      @dorino9057 Місяць тому +4

      Us from New Jersey and Connecticut are not moving down south. It is a 💩 hole there.

  • @RogerBrenon
    @RogerBrenon Місяць тому +49

    Prices of these homes should only be half of what they are anyway. Real estate has become a criminal racket and all the agents have become like drug dealers.

    • @johnnynick6179
      @johnnynick6179 Місяць тому +2

      Home prices have not gone up - the value of money has gone down. Thank the politicians YOU keep voting for.

    • @travisashimself2356
      @travisashimself2356 Місяць тому

      @@johnnynick6179it’s the federal reserves fault. Nobody voted for them.

    • @RogerBrenon
      @RogerBrenon Місяць тому

      @@johnnynick6179 You must be one of the drug dealers, or on drugs yourself.

  • @ELIjuzDatBOy
    @ELIjuzDatBOy Місяць тому +10

    To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.

    • @LuGatz-h8e
      @LuGatz-h8e Місяць тому

      Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

    • @LeeseArgall
      @LeeseArgall Місяць тому

      Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

    • @MankerRalph
      @MankerRalph Місяць тому

      ❤️Thanks for the info. I'll reach out to him immediately

    • @KimberyAumiller
      @KimberyAumiller Місяць тому

      Most new tra'ders make the mistake of trading in their own without having the required skills to help them benefit from the market. I was once like that but all changed thanks to Brian NelsonStarted with $5,000 and Withdrew profits.$39,400.

    • @moparalex
      @moparalex Місяць тому +1

      My outlook on money changed when I realized that is better to invest on or before retirement, some people are just putting £15k or £20k With the current market movement at the end of the year they are making millions.

  • @drivingwithricks
    @drivingwithricks Місяць тому +6

    You need to do one on real-estate in Colorado. It's getting bad there too. The bubble is getting ready to burst.

  • @patrickford5109
    @patrickford5109 Місяць тому +105

    I have lived in Florida for years and California for years. No comparison. California has incredible weather. Not humid at all and almost always refreshing cool evening. No bugs to speak of. Florida is disgustingly humid all the time. It's never nice unless a cold front from up North is coming through in January or February. Clouds of mosquitoes and cockroaches running through high end restaurants while you are eating. Horrible weather in Florida. I will say you can get all the mangoes you care to eat because there are so many people pile them up in "take one" boxes on the curb. Nasty weather though.

    • @setfreemiss
      @setfreemiss Місяць тому +6

      Yeah, I never could figure out why some people love Florida so much. I can't stand humidity or mosquitoes. I live in Colorado and by the end of summer I can hardly wait for the First BIG SNOW. Love that white stuff!

    • @faye5942
      @faye5942 Місяць тому

      Big difference in the people tho! Far less liberal turds🎉🎉🎉🎉

    • @shanesprecher8290
      @shanesprecher8290 Місяць тому +5

      That’s one of the reasons the British lost the revolutionary war, the humidity of the east coast.

    • @jjohnson8977
      @jjohnson8977 Місяць тому +10

      Yeah but Gavin Newsome telling you what to do and think and say

    • @lubentodorovski4449
      @lubentodorovski4449 Місяць тому +2

      Yes, I moved from NC to San Francisco 2 years ago. Besides the great weather, California is beautiful, San Francisco is so much fun. Good things are expensive. I took advantage to move when NC real estate is up and San Francisco was discounted.

  • @SL-bo7ui
    @SL-bo7ui Місяць тому +4

    You should do more interviews! You are good at them!

  • @academaciated7466
    @academaciated7466 Місяць тому +3

    Cali really does have it all. Lived all over Orange County for 19 years beginning in the mid 1980’s. However, the midwest is my home so, cashed out in 2005.

  • @scstinger5
    @scstinger5 Місяць тому +8

    I moved away from Florida 5 years ago and honestly don’t know way anyone would move there now? Between the high property tax and homeowners insurance, overcrowded roads, people are not friendly at all, the ridiculous humidity & heat, bugs, bugs, and more bugs, alligators, crocodiles, boa constrictors, iguanas, falling out of trees, the beaches are so overcrowded you can’t really go anymore! The old Florida I loved is long gone unfortunately. I can’t imagine someone from California going to Florida now and thinking, oh yeah, this is the place I want to live lol!

    • @allanbauer4076
      @allanbauer4076 Місяць тому +1

      Pinellas county is a nightmare. Way to many people. Concrete jungle. It really is sad. Winters are the worst. So many snowbirds.

    • @mikedaleiden7725
      @mikedaleiden7725 Місяць тому +1

      Florida is a great option if you are raising an aspiring drug dealer or if you like bugs the size of birds.

  • @miket7184
    @miket7184 Місяць тому +18

    I'm in Arizona. I wish there was a way to return the Californian's back with a one way ticket.

    • @as2223
      @as2223 Місяць тому +1

      Southwest lol only a 50 min flight. AZ is a beautiful state!

    • @dorino9057
      @dorino9057 Місяць тому +1

      I wouldn’t live in oven Arizona way overrated

    • @as2223
      @as2223 Місяць тому +1

      @@dorino9057 I've had a place there for a few years and I do love the state. It's clean and beautiful with great people. But those summers are brutal!

    • @tomconten2065
      @tomconten2065 Місяць тому +6

      We are coming for your state. So much prettier in blue.

    • @miket7184
      @miket7184 Місяць тому

      @@tomconten2065 LOL! About as pretty as a bombed out third world city!

  • @FavourGift-en6en
    @FavourGift-en6en Місяць тому +33

    I just have to applaud your content man, well done. I remember having a consultation with a trade analyst last September, and it was incredibly insightful, at least $50k---$1M profits. Can’t stress enough how helpful experts in this field are!

    • @JakeMatty-z5i
      @JakeMatty-z5i Місяць тому

      Please how do i go about it, am still a newbie on investment trading and how can I make profit?

    • @ChristianaEjimofor
      @ChristianaEjimofor Місяць тому

      A better way is to get proper guide!!!! The most important thing is the technicality

    • @FavourGift-en6en
      @FavourGift-en6en Місяць тому

      Adriana catherine understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch

    • @-ou2dc
      @-ou2dc Місяць тому

      Nice to see you talking about her, sHe is really amazing, she has amazing skills, she changed my 0.3 BT C to 1.9 BT C ......

    • @AnthonyAntoinetteNwaurugu
      @AnthonyAntoinetteNwaurugu Місяць тому

      She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

  • @TurtleMyrtle12
    @TurtleMyrtle12 Місяць тому +268

    Californians moving back to California?!? It's like Christmas came early!! ❤❤❤

    • @LJ-jq8og
      @LJ-jq8og Місяць тому +8

      💯🤣

    • @Studeb
      @Studeb Місяць тому +17

      If you're in Florida I think you'll notice all people from other states leaving soon, blub blub, glug glug. :D

    • @johnnynick6179
      @johnnynick6179 Місяць тому

      @@Studeb Good. We're full up and fed up. Get the F out and stop talking about it.

    • @stevennpitt
      @stevennpitt Місяць тому +7

      Bet Arizona, Oregon and Washington are jealous 🤣🤣🤣🤣

    • @stevensosebee7452
      @stevensosebee7452 Місяць тому

      ​@@Studeb people have been saying that for 50years now I'm not worried

  • @meganbaird0609
    @meganbaird0609 Місяць тому +38

    Idaho native here. Had neighbors from Georgia, Texas, and California move in during the pandemic. Had two hard winters back to back. They all moved home. We cheer a rough winter now.😂

    • @kentmccoy592
      @kentmccoy592 Місяць тому

      Good and the summers in South Florida are brutal

    • @safeandeffectivelol
      @safeandeffectivelol 26 днів тому

      Texan here. The brutal summers and bugs drive people back to the West Coast and North.
      4-5 months of 100F is not for everyone. The good thing is winter only lasts 1-2 months

  • @talkingonline821
    @talkingonline821 Місяць тому +258

    The best news to hear for natives from any state, “Californians are moving back to CA. “

    • @westdiddy4825
      @westdiddy4825 Місяць тому

      CA would be Red if they didn’t cheat my friend, I live in SoCal and there’s a lot of Trump flags and even cars are wrapped in Trump flags and or stickers

    • @kathleenking47
      @kathleenking47 Місяць тому +4

      ​​@@bosconian91
      Too many storms, will drive up insurance rates
      From 1929-1989, people moved to CA..(over route 66, until interstate system).AFTER 1990
      they left..and left the state
      Now, we're getting old time crazy weather patterns again

    • @davidhunt3881
      @davidhunt3881 Місяць тому

      I live in Nevada and unfortunately we are now a vassal state of CA. They bring their driving (speedy, dangerous and rude) and they bring their love of regulation and hall monitoring. Silicon Valley is Mordor and tech companies are the eye of Sauron. Make no mistake there is evil in the world and its headquarters is in Cupertino, Mountain View, Atherton, San Jose and San Francisco.

    • @Breachtunes
      @Breachtunes Місяць тому +19

      California is the best state hands DOWN! You ALL coming back! Florida come on look what happens from June-November hurricane hurricanes. To all my residents affected by the hurricane I’ll pray for you and help donate.

    • @plektosgaming
      @plektosgaming Місяць тому +1

      Well.. not really. This wasn't a home they lived in - they just sat on it, probably thinking they could get rich.

  • @t-fuelernienotoriousmisfit7449
    @t-fuelernienotoriousmisfit7449 Місяць тому +42

    I have several friends and family that have left California for other states and they are selling and coming back home. They didn't like the people, The weather and it was very boring. Nothing to do where they're at.

    • @uscitizen3252
      @uscitizen3252 Місяць тому +6

      I'm from Manatee County and now live in California. I just visited a few weeks ago and there was NOTHING to do. There was an influx of car washes, smoke shops and storage facilities. I grew up in Manatee County. So disappointed in the leadership that allowed all this over development to happen.

    • @johnnynick6179
      @johnnynick6179 Місяць тому

      I agree. Hardly ever have mobs of animalistic thugs burning down buildings to entertain us here in Florida. And don't get me started on the horrible habits of Florida Law Enforcement - actually stopping us from taking stuff we want from stores whenever we want - what kind of world is this? At least in California you're allowed to take whatever you want from stores for FREE as long as it's less than $900 - yeah - good for you - stay in California - you belong there.

    • @FreedomLovin
      @FreedomLovin Місяць тому +12

      Odd, I moved from California and found the people to be nicer everywhere else!

    • @soaring1
      @soaring1 Місяць тому +3

      I think they will find that California is not the same place as in their fond memories. At this point in time nothing is the same no matter where you go. Battling intensional fire disasters in Cali and intensional water disasters in Florida. Where ever you go there you are.

    • @mattdecker6791
      @mattdecker6791 Місяць тому +2

      Following our CA to WY move, I've found the WY folks to be generally nice and polite. However, there are shysters who will rip off newcomers and some locals who are rabidly xenophobic.

  • @HerMajesty1
    @HerMajesty1 Місяць тому +45

    During the last housing crash in Florida we had an offer for 1 million eight hundred thousand and my ex thought we could do better... We ended up losing 700 thousand because he wouldn't take that first offer.. Use wisdom when considering offers and don't let greed influence your decision.

    • @sharoncrawford7192
      @sharoncrawford7192 Місяць тому +3

      Alot of men are like that.

    • @humboldthammer
      @humboldthammer Місяць тому

      It is all about the Benjamins -- isn't it? Making a LOT of money is the only thing that makes any sense -- Right?

    • @antoniotula262
      @antoniotula262 Місяць тому +2

      "My ex" 😂😂😂. Damm. Def sorry to hear, but the way it's written had me LMAO

    • @careyfreeman5056
      @careyfreeman5056 Місяць тому

      If you waited, you would probably have gotten it back and then some. The post-COVID bubble was absurd. Literal pieces of crap in shady neighborhoods going for $500K. Homes that would have been lucky to get 100K 6 years earlier.

    • @streetsharkz
      @streetsharkz Місяць тому

      Great advice!

  • @vijahast
    @vijahast Місяць тому +3

    I moved to the St. Louis area from coastal California. Fortunately, I rented out my California home rather than selling.
    I liked downtown St.Louis… people are friendly and welcoming.
    But moving a little south of the city it was a very different experience. People are miserable, winters are icey and frigid, summer is just as hot as SoCal but with ridiculous humidity… literally feels like an oven. Can’t even breathe. You have to drive long distances to go everywhere, taxes were more than Cal (for me… no prop 13), and though the land can be pretty, it’s just hard to live there. Consequently, I went back home.

  • @LeahLewis-ny9iu
    @LeahLewis-ny9iu Місяць тому +761

    Getting insurance in Florida is a total nightmare... I'm really excited about the possibility of a housing crisis to snag some affordable purchases after selling some properties in 2025. I'm also thinking about diving into stocks as a backup plan. Any tips on when's the best time to make these investments? I've made some good profits from trading, but I'm worried about the market being shaky and the potential for a dead cat bounce. Can you shed some light on why this market phenomenon happens?

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz Місяць тому +4

      Haha, that was hilarious! I've been here for a quarter-century now. Not once have I come across a Californian who moved to Florida. Investing in real estate and stocks sounds like a smart move, especially with a well-thought-out trading plan to navigate those lucrative opportunities.

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw Місяць тому

      In challenging market conditions, it's not about mistakes; it's more about lacking the expertise to thrive. During such times, seasoned individuals who weathered the 2008 financial crisis are best positioned to foresee substantial gains.

    • @JessicaKeith-uj1jq
      @JessicaKeith-uj1jq Місяць тому +1

      Contemplating the idea of consulting advisors for guidance has been occupying my thoughts lately. I'm at a point where seeking counsel could be beneficial, but I'm uncertain about the tangible advantages their services could provide.

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw Місяць тому

      Desiree Ruth Hoffman, my CFA, boasts a stellar reputation in her field. I suggest delving deeper into her qualifications. With her extensive experience, she serves as an invaluable asset for those seeking financial market advice.

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz Місяць тому

      I appreciate this advice. Desiree seems to possess a wealth of knowledge. Upon reviewing her online profile, I meticulously examined her resume, which left a strong impression. I have initiated contact with her and scheduled a session.

  • @FourthWayRanch
    @FourthWayRanch Місяць тому +6

    Dont live in coastal california, youll get addicted to the weather and will want to go back.

  • @irenmolnar221
    @irenmolnar221 Місяць тому +4

    California is the most beautiful place in the WORLD is amazing the weather no humid like Florida but expensive!!!!

  • @terrya6486
    @terrya6486 Місяць тому +47

    Getting insurance in FL is a nightmare !

    • @joeyl.rowland4153
      @joeyl.rowland4153 Місяць тому

      Florida it can look like that all day, and just be hot and humid. My house can be dry and the house across the street is getting a deluge.

    • @johnnynick6179
      @johnnynick6179 Місяць тому +3

      It's just as bad in California.

    • @blackworldtraveler3711
      @blackworldtraveler3711 Місяць тому

      It’s only a nightmare for people who can’t afford to life there. I live in Marco Island with no issues since 2008.

    • @joeyl.rowland4153
      @joeyl.rowland4153 Місяць тому

      @@johnnynick6179 the people who buy that insurance are to blame. Just stop paying the insurance companies.

    • @joeyl.rowland4153
      @joeyl.rowland4153 Місяць тому +5

      @@blackworldtraveler3711 put the crackpipe down. People who have lived here for 40 or 50 years are having to relocate because insurance rates have risen so drastically in 10 years.

  • @andredaedone7732
    @andredaedone7732 Місяць тому +9

    My daughter was born and raised in California and she left in 2017 and now owns a beautiful house in Raleigh, NC....she said she will never move back. I lived in California in the 70's and 80's. I lived in Washington State in the late 80's early 90's

    • @TMendocino
      @TMendocino Місяць тому

      @@andredaedone7732 We don't want you back don't flatter yourself

    • @seriejohnson698
      @seriejohnson698 Місяць тому

      Hopefully she didn’t get flooded.

  • @sunsensational
    @sunsensational Місяць тому +1

    from Southern California, with family in Florida. I almost pulled the trigger and bailed the last moment in escrow. I have to admit it’s difficult living with the heat and humidity in FL. Plus, it’s a bit boring.

  • @DualEnduro
    @DualEnduro Місяць тому +4

    People forgot how money works. Most are selling because they forgot about or did not learn from 2008, and started financing a ton of stuff and are now broke. Inflation with stagflation is real, and it’s not going anywhere. This trend is not only houses, it’s everything

  • @Rich-lu6pd
    @Rich-lu6pd Місяць тому +6

    With the storms over the last few years and people who otherwise would be leaving anyway, prices are going to plummet soon.

  • @jjgreek1
    @jjgreek1 Місяць тому +9

    I’m never leaving California

    • @juanchan949
      @juanchan949 Місяць тому

      me either we just need to fix it here.

    • @jjgreek1
      @jjgreek1 Місяць тому

      @@juanchan949 every place needs some fixing

    • @Trumps_Idiocracy_2024
      @Trumps_Idiocracy_2024 29 днів тому

      As a Californian, Im in agreement.

  • @cobracommander9138
    @cobracommander9138 Місяць тому +5

    But when are the house prices in Los Angeles going to start coming down? A house in the hood by crack alley is 1M.

  • @clyde19788
    @clyde19788 Місяць тому +6

    california figured out why real estate was so cheap in these areas. no one with money wanted to live there in the first place

  • @CrzyDucks
    @CrzyDucks Місяць тому +2

    Hey since you’re in pinellas
    You should definitely show the effects of the hurricane that recently came through here

  • @CroisMoi
    @CroisMoi Місяць тому +7

    That last house, at 4110 1st st in St. Pete, should be $200k. This is an old house. These people are delusional if they think they can sell it for what they want. The only benefit to an old house is the cheaper price. Florida has a lot of ugly, old houses. I see 50% discounts coming next year. So glad Nick is out there telling everyone the facts.

    • @BiiYAAAA
      @BiiYAAAA Місяць тому

      Be careful I am in the remodeling business, most of these houses are fully gutted and renovated .. dont trust the age they have done work to the home

    • @CroisMoi
      @CroisMoi Місяць тому +1

      @@BiiYAAAA That is probably why there are not enough affordable houses out there. So many people would be willing to put up with an older house, if it were affordable. After they upgrade everything, it is no longer affordable.

    • @jimbojones9118
      @jimbojones9118 Місяць тому

      ​@BiiYAAAA all these "remodeled" houses are just putting lipstick on a pig - cheap materials to try and make a quick buck. The smart consumers stay far away from these "remodeled" houses

  • @bunnycouture
    @bunnycouture Місяць тому +13

    Florida is not for beginners.

    • @mikedaleiden7725
      @mikedaleiden7725 Місяць тому

      But its a great place for drug dealers and scam artists.

  • @cocobrown3653
    @cocobrown3653 Місяць тому +1

    Thank you for all your research I’ve followed you for the last couple of years. I should have listened to you to wait before purchasing a house in 2023 .I think that’s a good thing that people are moving out of Florida hopefully the prices will go down.I was born and raised in Florida, but made the mistake of moving to Milton Freewater, Oregon after I retired. It’s nothing here . I am trying to make my way back to Florida I’ve been keeping my eye on the market as well and I can see some of the cities in Florida are actually trying to go down a few thousand dollars, which is good news for me I will trade cold for humidity.

  • @531Pepper
    @531Pepper Місяць тому +5

    I moved back to Ohio in August of 23 from Pasco County Florida. I lived there 23 years and I told my son to hold on and sadly we could rebuy for much less just like I did in 2012. I paid $52,500 sold for $200,000 and an investor sold for $307,000. That is Crazy that house is not worth a penny more than $230,000. The person that bought are from CALIFORNIA!! They jacked everything up because it's so expensive there. That they would and did pay more. If they move sadly for some they will lose out but once again. I will win!

  • @greg7811
    @greg7811 Місяць тому +4

    Starting to see a lot of flooded homes hitting the market in pinellas county. Owners still think their houses are worth a fortune.

  • @fliiguy247
    @fliiguy247 Місяць тому

    Such smart analysis on these markets. I think your instincts are correct on these shifts and you are actually on the ground talking to real people to get authentic opinions. I hope early next year California is in the middle of rates and housing prices dropping.

  • @bkeen7013
    @bkeen7013 Місяць тому +3

    As a NYer who’s traveled for work to California and Florida for many decades, my opinion is California is far nicer (better scenery, much better weather) more to do, etc. It’s just my opinion.

  • @sarahs2222
    @sarahs2222 Місяць тому +3

    The biggest takeaway from this video is that we need serious regulation of investor purchases of home in the US, at very least increased tax for any home that is not primary

  • @_morgoth_
    @_morgoth_ Місяць тому +4

    Dont forget, a lot of Californians that left during the pandemic weren't originally from California. They came from other parts of the US. Even before the pandemic, lots of people would move here for jobs, but then get shocked with the price of living or start a family and then leave California and go somewhere cheaper after a few years.

  • @blueybarnes9442
    @blueybarnes9442 Місяць тому +32

    Florida summers are hellish

    • @sharoncrawford7192
      @sharoncrawford7192 Місяць тому +2

      Yes. We moved to FL from Ohio in 1982. I didn't like it at all. Hot and humid and tropical. We made a decent living from my husband's business. But in 2006 we moved back to Ohio. It's just way to hot there.

    • @kathleenking47
      @kathleenking47 Місяць тому +2

      The entire southeast

    • @rdee7406
      @rdee7406 Місяць тому +3

      Try Arizona.

    • @rickclark4714
      @rickclark4714 Місяць тому +2

      And nine months long.

    • @Dickie9028
      @Dickie9028 Місяць тому +6

      I am in Las Vegas right this very moment. How in the hell do people live here? I’m here on a conference. I’m afraid to walk outside and I pray that the grid does not fail. Thousands of people would die here within a week if the grid fails, it is hot beyond the concept of hot.

  • @JustinClawson-ix1ic
    @JustinClawson-ix1ic Місяць тому +25

    Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

    • @TristanLegard
      @TristanLegard Місяць тому

      Wow you give me hope

    • @TristanLegard
      @TristanLegard Місяць тому

      Am 49..am From Florida…

    • @RileyWilliams-lq3jh
      @RileyWilliams-lq3jh Місяць тому

      Please how's that possible, I'm curious

    • @RileyWilliams-lq3jh
      @RileyWilliams-lq3jh Місяць тому

      Please how do i go about it, am still a newbie on investment trading and how can I make profit?

    • @JustinClawson-ix1ic
      @JustinClawson-ix1ic Місяць тому

      Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia

  • @Me-np8fb
    @Me-np8fb Місяць тому +11

    Its the grass is always greener complex. I moved to Naples FL from Laguna Beach CA . The California dream died a decade ago . Go drive the 405 or the 5 freeway in Southern Cal and youll remember why you left. Homeless now even on Orange County. LA is a nightmare. Inland Empire is ghetto. San Diego downtown is a dump. La Jolla is still nice but can you afford it? Reality is most of Southern Cal is ugly. Drive down PCH from Newport Beach to San Clemente and that is the best of it . Ocean polluted and cold even in Summer. Its a grind out there. Yes Laguna is special but are you going to buy a small cottage for $1.5 m? Huge tax disadvantages, traffic that makes you wonder if life is worth living. No, leaving Fl to CA is not a big thing. Sure, some return but more people are ditching CA then arriving. The CA Endless Summer vibe died a long time ago .

    • @777STMIA
      @777STMIA Місяць тому

      I lived in Costa Mesa for several years, I agree with much of what you are describing. I feel like the challenge is, where to go from here?

    • @eds7626
      @eds7626 Місяць тому

      Agree with what you said. We live in San Diego and it is so expensive. We make good money but the costs are too high. Lots of crazy drivers too. Thinking of moving to the Midwest to have a better quality of life. Just can't stand the expenses here, but love the weather! Can't have everything I guess

    • @SA-hz1rs
      @SA-hz1rs Місяць тому

      @@Me-np8fb Laguna is a gazillion times better

    • @SA-hz1rs
      @SA-hz1rs Місяць тому

      @@Me-np8fb dude
      Most of Florida is run down
      Wto are you kidding
      West Palm Beach is mostly a ghetto

    • @Me-np8fb
      @Me-np8fb Місяць тому

      Laguna is special. I lived it at its peak in the 1980s. But really the vibe is gone. The smell of kelp in the summer and tacos at Taco loco are stuck in my memory but it's a hard life to afford there . I couldn't pay the price now. ​@@SA-hz1rs

  • @whiskeypapas
    @whiskeypapas Місяць тому +7

    Another previous Californian here. We moved to the Houston area and are considering another move, but it sure as hell won't be back to California.

    • @jabreck1934
      @jabreck1934 Місяць тому

      Keep running loser!!!
      Your first choice was a state that is allowing developers to destroy productive farmland the fastest in the country and no border!?!?!?🤡👍

    • @as2223
      @as2223 Місяць тому +1

      But if you could afford to move anywhere I bet CA is top of the list? Most all leave for financial reason then just hatorade on the state.

    • @whiskeypapas
      @whiskeypapas Місяць тому +1

      @@as2223 We were living fairly comfortable in California, so financial reasons were pretty low on the list. Our main motivation for leaving was to find better schools and curriculum for our children. The state's handling of COVID was the final kick in the pants to commit.

    • @mrblue21974
      @mrblue21974 Місяць тому

      @@as2223 A lot of them didn't want to get their nasty little gremlins vaccinated for school...good riddens, they don't want you either.

    • @as2223
      @as2223 Місяць тому

      I agree I bought a place in AZ and escaped through Covid. Best wishes

  • @rr186650
    @rr186650 Місяць тому +3

    There is a statistic that has been around for many years that anyone who moves into Florida will typically last only 3 years before they move back out. Florida is unbearable, from weather to crime to insurance issues. If people are moving out of Texas and going back to california, you better believe that people are going to be leaving Florida first.

  • @michaels7566
    @michaels7566 Місяць тому +2

    We lived in Sarasota for 6 months over a decade ago and recently in SOCal for 6 years before retuning to PA for grandchildren. Other than the warmer Gulf waters, SoCal had much better weather and the State is a lot more interesting as far as variable environments. Desert to beach to ski slopes in the same day if so inclined.

  • @Helgarichter567
    @Helgarichter567 Місяць тому +77

    I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.

    • @Lenaschmidtttt
      @Lenaschmidtttt Місяць тому

      I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

    • @IliasRetsas
      @IliasRetsas Місяць тому

      How can i reach her, if you don't mind me asking?

    • @Helgarichter567
      @Helgarichter567 Місяць тому

      Well her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @LauchlanBender
      @LauchlanBender Місяць тому

      Thank you for putting this out looked--up STEPHANIE JANIS STIEFEL, her consuIting page came up at once, she seems highly grounded

    • @AlixBomolo
      @AlixBomolo Місяць тому

      Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

  • @Miami543210
    @Miami543210 Місяць тому +3

    Florida weather is miserable when compared to California.
    Incredibly hot and humid.
    EXTREMELY HUMID. Uncomfortable as hell.
    And now…. Cost of living is close to California. While insurance is even worse.
    THE GRASS IS NEVER GREENER FOLKS. Just a different shade.

  • @DandaFundas
    @DandaFundas 25 днів тому +1

    Yup, a great insight from the local is, 'I don't know'

  • @mattdecker6791
    @mattdecker6791 Місяць тому +39

    We left CA for WY/HI during the exodus. However, having visited FL twice, I would NEVER trade CA for FL. The oppressive heat, poisonous snakes, hurricanes, gators, Magic Kingdom, even more heat, Dolphins, toll roads, are all reasons to avoid Florida. FL is easily 50th place for me.

    • @annjames1837
      @annjames1837 Місяць тому

      You Californians ruin every state you in vade

    • @sharoncrawford7192
      @sharoncrawford7192 Місяць тому +2

      Don't forget, to many people and the crowded roads. This is how it is with Florida, you either love it or hate it. Lived in SW Florida 25 yrs. Didn't like it either. Finally got to move in 2006 and came back to the Midwest where were from.

    • @careyfreeman5056
      @careyfreeman5056 Місяць тому +3

      Gators. . . you're such a clown. I get the other stuff if you're non-native (or native), but gators? Come on man. You probably have a better chance of being killed by a bear in CA than a gator in FL. . . And dolphins? WTF?

    • @careyfreeman5056
      @careyfreeman5056 Місяць тому +1

      @@sharoncrawford7192 SW Florida is hellish. The epitome of development at all costs with no concern for proper zoning, etc.

    • @jafp1617
      @jafp1617 Місяць тому

      Are you a native/local there in Florida? ​@careyfreeman5056 How do you deal with the spiders, snakes, and gators over there? And what are the places over there that don't have those?

  • @winterking2510
    @winterking2510 Місяць тому +7

    I don't care how bad things get in other states, you'll never catch me moving back to CA. Noooo thank you!!!

  • @user-qb8qm4mp5n
    @user-qb8qm4mp5n Місяць тому +5

    There are many new home builds in California that they can come back to buy. California is restrictive when it comes to property use. Retiring in California will put seniors in the poor house because they won't be able to keep up with the rising taxes and costs of living here. I'm renting in California because I'll never buy another home here. I just got a notice that the HOA wants to raise dues to install a new solar system that will cost close to $1mil to run the community center and other amenities. It has nothing to do with saving money because the electricity as it is would be cheaper. I would be pissed if I owned this home to have to pay higher fees for utter nonsense. Sounds like it will be in the thousands per year. Solar systems are expensive to install and require high maintenance that costs money and all new home builds in California require solar systems. It is not about saving money for the consumer, it is about control and full spectrum dominance over you. Welcome back to California!

  • @sciencelabvideosl7558
    @sciencelabvideosl7558 Місяць тому +9

    Please go back to CA and fix your state!

  • @sandrawesseln9619
    @sandrawesseln9619 Місяць тому +41

    Thank God. That’s the first time I’ve heard you report good news.

    • @kathleenking47
      @kathleenking47 Місяць тому +2

      The insurance could get too high.. Concord..doesn't have fires or storms😊

    • @SA-hz1rs
      @SA-hz1rs Місяць тому +1

      DeSantis is crying.

  • @EdwardDibeler
    @EdwardDibeler Місяць тому +82

    Californians leaving FL is the BEST news I have heard in a while!!!

    • @SamWilkinsonn
      @SamWilkinsonn Місяць тому +19

      It won’t be good news for your property value lol

    • @paulconner4614
      @paulconner4614 Місяць тому

      Sucks for California though. The people who moved from CA to Florida during the Pandemic were the hard cord MAGA types looking for FREEDOM from the awful communist California 😁

    • @karynsperry7676
      @karynsperry7676 Місяць тому +1

      Did they just come here to vote?

    • @SamWilkinsonn
      @SamWilkinsonn Місяць тому

      @@karynsperry7676 doubt it. I think they just sense there’s going to be a property crash, partially due to the hurricanes. Another storms going to be reaching FL soon. The planet isn’t the same as it used to be and people are finally starting to realise. If you chose to live in FL then it’s your fault for any weather related catastrophes you experience.

    • @deborahsheldon9951
      @deborahsheldon9951 Місяць тому +4

      @@SamWilkinsonn If you don't plan to move, it wouldn't matter. Maybe true Floridians may be able to come back in. We are glad to see the liberal attitudes leave.