To: dennisw
Florida hit by 'worst real estate crisis in decades' as desperate condo owners slash prices by up to 40%
Sounds like a buying opportunity to me - Florida is going to keep being attractive for people looking to move from blue states.
To: AnotherUnixGeek
This buying opportunity comes attached to rapid homeowners insurance premiums, ridiculous HOA fees, requirement to learn Spanish, and increasing crime.
Holding costs are significant - though if money is no object, no worries.
Investment yields will be minimal
To: AnotherUnixGeek
My wife has a lot of relatives in the MW, who spend their winters in Floriduh.
Now instead of 3-6 months rent, they may become Floriduh condo owners.
27 posted on
08/18/2024 8:18:11 AM PDT by
Grampa Dave
(If our votes mattered, "Would our votes be counted as either helping Trump or helping Kamala!)
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