Rich New Yorkers' exodus to Florida

[perugu_vada]

New Yorkers are flooding sellers in places like Miami and Palm Beach "with offers, and the supply of available properties is plunging," Bloomberg reports.

What's happening: Florida’s tax laws have long been a draw for rich individuals, but the pandemic has increased the state's allure.

"What was the three-to-five year plan is now the three-to-five month plan,” Simon Isaacs, a Palm Beach luxury broker told Bloomberg. "If everything shuts down again, do you want to be stuck in an apartment in New York, or do you want to be stuck in a home in Florida?"

[Nimmakai]

Rich New yorker @DummyVariable

[MalleFoolu]

6 minutes ago, Nimmakai said:

Rich New yorker @DummyVariable

Tell me if he wants mallefoolu moora 69 only

[LadiesTailor]

Make sense NY lanti cities lo down payment ki FL lo home vachestundi.... wfh jobs permanent ayuthe I would move to FL 

[MalleFoolu]

Just now, LadiesTailor said:

Make sense NY lanti cities lo down payment ki FL lo home vachestundi.... wfh jobs permanent ayuthe I would move to FL 

Snakes there ankul be careful

[LadiesTailor]

Just now, MalleFoolu said:

Snakes there ankul be careful

Gators kooda vuntayu konni areas lo...  but tropical weather ki vache add-on’s ivanne 

[DummyVariable]

43 minutes ago, Nimmakai said:

Rich New yorker @DummyVariable

Already moved to south jersey/East PA tbf

[Catalpha]

12 minutes ago, DummyVariable said:

Already moved to south jersey/East PA tbf

For cheap rent 

[DummyVariable]

8 minutes ago, Catalpha said:

For cheap rent 

West Philadelphia is cheaper yeah. 

[Catalpha]

18 minutes ago, DummyVariable said:

West Philadelphia is cheaper yeah. 

Cheap enough to buy and not rent

[DummyVariable]

12 minutes ago, Catalpha said:

Cheap enough to buy and not rent

Yes

[Catalpha]

26 minutes ago, DummyVariable said:

Yes

Mortgage < Rent? How much?

[Nimmakai]

24 minutes ago, Catalpha said:

Mortgage < Rent? How much?

over to @DummyVariable 

[DummyVariable]

40 minutes ago, Catalpha said:

Mortgage < Rent? How much?

May be a 200-300 dollars if you compare rents here. Valley forge the rents can go upto 2000$ per month though. A nice townhome would cost between 500k-700k here. 

[Catalpha]

5 minutes ago, DummyVariable said:

May be a 200-300 dollars if you compare rents here. Valley forge the rents can go upto 2000$ per month though. A nice townhome would cost between 500k-700k here. 

Must be nice