[adorno]

Unfortunately, Florida is also becoming unaffordable, even with no state income taxes.

People coming to Florida and investing the money they got from sale of their previous blue-are houses, is making home prices in Florida comparable to prices in the blue areas where those people came from.

I’ve seen neighbors moving away, to places like Missouri and Tennessee and N. Caroline, saying that they could buy bigger and better homes in those areas for the prices they’ve been selling their homes in Florida. I know two neighbors, within a block from my home, who are selling their homes for twice the price those homes were valued at two years ago.

Florida may remain a red state, but the cost of living is turning us blue in that regard.

[ducttape45]

I got family in Florida, and they advise me NOT to move there for the very reasons you highlighted. They also say it’s way too hot as well!

[Deplorable American1776]

True, I just saw I could move to a 4 bedroom 5 bath home on 10 acres for less than what I can get for my house on 6 acres.

[Rockingham]

Home prices have risen dramatically in the most developed and desirable areas in Florida like southeast Florida, but there are still smaller communities in more rural areas where homes prices have risen less and homes remain affordable for many.

In addition, it matters whether one is buying with cash or with a mortgage. Higher interest rates are causing monthly mortgage payments to rise dramatically. Retirees who can buy with all cash are more mobile and in a much better position than those of working age who need a job and to earn enough to cover monthly mortgage payments.