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Thread summary:

Home buying advice in Florida, pre-hurricane Andrew real estate prices, Florida housing market recession, escalating property taxes, sky rocketing home prices

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Old 10-17-2006, 07:23 PM
 
Location: WPB, FL. Dreaming of Oil city, PA
2,909 posts, read 12,972,954 times
Reputation: 991

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Want the truth? Even if I made a windfall, such as winning the lottery, made a great huge investment, had a business that really took off, etc I still am out of Florida. Houses there just arent worth the money when I can buy in other desirable locations for half the price! Not only that, taxes and insurance will be much lower too! I wont miss the hurricanes either! Fact is thousands upon thousands are leaving Florida, much more leaving than comming. Maybe once house prices drop greatly, like 30% and hurricane insurance goes back to where it was years ago will some people come back and less people leave and the balance will reach equilibrium.

 
Old 10-17-2006, 07:36 PM
 
944 posts, read 3,531,997 times
Reputation: 578
Quote:
Originally Posted by Need_affordable_home View Post
Want the truth? Even if I made a windfall, such as winning the lottery, made a great huge investment, had a business that really took off, etc I still am out of Florida. Houses there just arent worth the money when I can buy in other desirable locations for half the price! Not only that, taxes and insurance will be much lower too! I wont miss the hurricanes either! Fact is thousands upon thousands are leaving Florida, much more leaving than comming. Maybe once house prices drop greatly, like 30% and hurricane insurance goes back to where it was years ago will some people come back and less people leave and the balance will reach equilibrium.
Very good, young grasshopper; a wise trainee you've become!
 
Old 10-17-2006, 08:12 PM
 
Location: On the plateau, TN
15,205 posts, read 10,572,870 times
Reputation: 9983
Shores9 states "Those that are leaving are still being replace in greater numbers by those coming".

Need_affordable_home states "Fact is thousands upon thousands are leaving Florida, much more leaving than comming".


I have to agree with Need_affordable_home
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