Crazy inflation , food price is increasing weekly by a lot , rent went up 50% to 100% in most of miami , car insurance going up by 50% when you try to renovate it while the minimum salary need to be raised at least $5 an hour more in order to cover minimum necessities
I moved my wife and kids the hell out Miami!! Smh Born and raised in Miami and let me tell you it ain't the same anymore! It's one of worst cities in Florida to live so if your going to move to South Florida stay north of Miami! It's nothing but expensive dump now....
Disagree - i love Miami. Miami beach especially is a perfect city / urban envt + beach and tropics combination - get best of NYC without the worst of NYC :)
The same is happening to Playa del Carmen & Tulum in Mexico, insane prices for apartments now, just because everybody from Canada & Usa moved there during the pandemic agreeing to pay these ridiculous prices like idiots. Smh
The core problem is affordability: unless you're a remote worker, a Miami salary isn't going to help you pay the house. I work freelance, and without fail, if I get a job from a Miami-based company, I get paid way less than if it were a company based in New York or more northern major city.
Agreed 100%. The cost of living went up tremendously and the salaries remained the same, which were already pretty low to begin with. Now it’s just sad how low they are compared to the cost of living
One thing I've learned about people as their freaking lemmings. Someone says Texas is better and next thing you know everyone and heir mom is moving to Texas. Those are New England and New York hear their friends are loving the life in Miami, next thing you know you got a shitload of New Yorkers down there. The grass is not always greener on the other side. Sometimes you need to make the grass greener where you're at.
I couldn't agree more about watering the grass where you already are! People have been flocking here for decades, especially from NY/NJ and I don't see that stopping anytime soon. Thanks for watching 🙏
My girlfriend and I (retired in Maryland) will be visiting our favorite beach town (Hollywood Beach) next week for fun and sun. Somehow we came across your videos,..and even though we have no interest in living in/moving to Fla,..we totally enjoy your videos. The Jersey accent,...and the excellent speaking skills have us hooked.
As someone involved in South Florida real estate development I can tell you old Miami residents are selling their houses for a bundle of today’s money and moving to West Florida
Fl salaries are very very low , here 10 people live in a house , cost of living insane !!buy a house not a gd idea at all, I’m an RN and nurses are underpaid !! Well everybody here , I know lot of families that live 10 to 13 people in a house so they can afford it . Crazy , costumer service doesn’t exist here at all!!!!,crazy drivers , nobody has insurance because it is very expensive !! And the list never ends , we love the beach , we go very often but the beach is not paying my bills 😅😅 we pay for 1 bed apart luxury condo $2,760!!!! is time to relocate 😂😂
real estate is not going to crash, at best prices may hold back a bit, and not rise as much, but there will be NO crash, houses that cost $500,000 this year will NOT be $300,000 next year, forget about it.
@@livingsoflo People are fleeing condos due to the the law passed after the Seaside collapse in 2021 which is requiring condo buildings to finally complete postponed repairs which is requiring condo owners to pay excessive assessments and HOA fees that are double or triple the current rates.
When I look for rentals in Miami/West Palm Beach area it's so unrealistic for single living. The work there seems opportunistic for my field but the only way to be able to accommodate for it a my point of view would be renting a room from someone. If anyone know somebody that needs a roommate to help and assist in covering their property cost please let me know. Greetings from lake Jackson Texas.
This is an old comment but I happen to be in the same situation right now. I want to move to Wynwood area or somewhat close to it but a decent 1 bedroom apartment is $3000 a month. A two bedroom apartment for $500 more makes a huge difference if I could just find a roommate
@@charlesguzman3452 Everything you stated, except greedy developers, is a counter argument to the fact the prices are going up. It comes down to very simple economics of supply and demand. If supply is lower than demand, the prices go up, despite general unaffordability. Besides, in Miami-Dade, if I'm not mistaken, there's no more land to develop new communities; only to purchase older properties and improve them and sell for bloated prices to people who apparently can afford them and are willing to pay.
@@Matt_K home prices in Miami-Dade soared to 53% as of June 2020, that was the first-year people started leaving. In 2019, median rent prices had already increased 27%, and 61% of the rental population was spending 30% or more of their income on housing. So the (So Call) ppl that can afford these ridiculous price are also leaving.
@@charlesguzman3452 I don't understand fully what you are trying to say. It's simple to me....based on the video tens of thousands of people left Miami, which should indicate higher inventory and/or lower desire to live in that area. However, people are still very much interested in buying Miami homes and consequently the prices went up. Without high demand, prices would drop, but that is NOT the case.
vHello, I've been to Miami twice and it was incredible, but I wanted your opinion if I go back will I have the same feeling of a vibrant city or is it not so safe anymore? Here in Portugal, we see a lot of videos of robberies and crises in the USA, is this affecting Miami? Is there any part of Florida that you would recommend visiting?
@@MuahMantrue true, I think mrbushlied7742 is referring to Jacksonville’s city population which is technically more than Miami, but compare Miami’s metropolitan area (over 6 million) to Jacksonville’s (below 2 million) that includes Fort Lauderdale and goes as far north as Palm Beach County, Jacksonville’s Metro population looks like a small town from that perspective tbh💀
@@livingsoflo is cheaper and right now I mean my family is going homeless and me and my wife both work it's not fair with American citizens I never moved in a cold place in my life but this is what I have to do for my family when I met my wife I had no children she already had children or is them and we had two more and I'm getting treated like a stepfather instead of a real father in America that's not right
No sorry I should have phrased that better. These hats are old and not for sale, it is from my network of agents across the country but I will have some Living Fort Lauderdale hats soon @ronnies6811 @@ronnies6811
![Why is EVERYONE Leaving Miami Florida in 2023!? [80,000 PEOPLE MOVED]](/img/logo.svg){kind=logo}
