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08-15-2008, 08:21 PM
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Member
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Join Date: Aug 2008
14 posts, read 10,066 times
Reputation: 10
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Indeed thanks to our lovely government leaders . We are in a recession all over the country...Lets also remember Florida has a high retirement population ...hence lots of forclosures on thier lifetime investments  Plus you have lower cost of living here so was quite attractive to move here now the recession has caused people the typical everyday person to rent vs buy. Now sure the investors are having a field day ~ buying up everything they can, hoping this economy will change , what a shame really. |
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08-21-2008, 02:51 AM
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Senior Member
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Join Date: Dec 2007
1,356 posts, read 596,906 times
Reputation: 457
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Near as I can tell, the problem are of Cape Coral is... Fort Myers, LOL!
As for the $14/hr. question. That's always been a problem in Florida. It goes a bit like this...
Q:"Why are nice homes so expensive here?"
A: Because it's the sun belt, people will pay more to be here.
Q:"But why are salaries so low here?"
A:Because it's the sun belt, people will take less to work here.
In short the working class gets the double whammy of hire home prices and lower wages...
At least that's how it confronted me in my home are of Jupiter-Tequesta.
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08-21-2008, 06:30 AM
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Been breezy and cooler, finally!
Status:
"I would give anything not to be here during Christmas."
(set 1 day ago)
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Join Date: Feb 2008
Location: Estero, Floriduh
1,566 posts, read 1,091,437 times
Reputation: 342
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I agree. There are no jobs here so we are forced to go to Pit Myers...
Quote:
Originally Posted by JMadison
Near as I can tell, the problem are of Cape Coral is... Fort Myers, LOL!
As for the $14/hr. question. That's always been a problem in Florida. It goes a bit like this...
Q:"Why are nice homes so expensive here?"
A: Because it's the sun belt, people will pay more to be here.
Q:"But why are salaries so low here?"
A:Because it's the sun belt, people will take less to work here.
In short the working class gets the double whammy of hire home prices and lower wages...
At least that's how it confronted me in my home are of Jupiter-Tequesta.
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08-24-2008, 10:43 AM
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Member
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Join Date: Aug 2008
21 posts, read 12,952 times
Reputation: 12
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Quote:
Originally Posted by Suncoast Guy
Cape Coral's biggest problem spots- Northeast & Northwest.
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We have problem spots? Thats news to me. I've lived in Cape Coral all my life. |
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08-24-2008, 07:55 PM
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Junior Member
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Join Date: Dec 2007
6 posts, read 4,797 times
Reputation: 13
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A 'court appointed officer' advised me last November that he/she only serviced half the Cape (i.e. two quadrants). The officer had been serving 30-35 foreclosure notices per week for the year prior and still had a backlog. My wife and I moved there due to my encouragement. I spent a lot of time researching, just not enough. She is in Healthcare where she received fair pay. I am in the automotive industry and received decent pay- if you don't calculate it on an hourly basis. We lived in the Pine Island are and really liked it. The people aren't as warm as they are here in KY though. (Could it be that they have seen so many come and go?) If one is well educated, professional and lives simply give it a go, there's value in the CC housing market right now. Just be realistic and visit before you move!
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08-24-2008, 11:01 PM
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Has withdrawn consent to be governed
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Join Date: Sep 2006
Location: Cape Coral FL
1,671 posts, read 709,466 times
Reputation: 468
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Quote:
Originally Posted by gates52
We have problem spots? Thats news to me. I've lived in Cape Coral all my life.
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Not that every place doesnt have it's problems, but if you've never lived anywhere else, it might be difficult to recognize the problems in your own backyard.........just sayin' |
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08-29-2008, 08:22 AM
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Sarasota/Bradenton, FL Expert Since 1997
Status:
"Happy December! :)"
(set 8 hours ago)
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Join Date: Nov 2007
Location: Florida- SRQ
20,350 posts, read 1,424,567 times
Reputation: 11597
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Quote:
Originally Posted by gates52
We have problem spots? Thats news to me. I've lived in Cape Coral all my life.
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Cape Coral doesn't have much problem spots, but if it does, it's usually isolated to the Northwest and Northeast areas of Cape Coral.
Cape Coral is good!!  |
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10-16-2008, 02:33 AM
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Senior Member
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Join Date: Dec 2007
1,356 posts, read 596,906 times
Reputation: 457
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Quote:
Originally Posted by NY62
some of the happiest people I know do'nt have a pot to **** in and some of the wealthiest are miserable. It is all attitude. unless of course you are miserable being poor and money would make you happy.........LOL
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Yes, that about sums it up. I firmly believe "middle class" or "working class" or whatever you choose to call it... is something to... ESCAPE! LOL!  |
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10-22-2008, 10:22 PM
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Member
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Join Date: Sep 2008
Location: Cape Coral, FL
66 posts, read 54,006 times
Reputation: 24
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My opinion - north cape is fine, but take a look around for yourself. There can be decent jobs, but it depends on what you do for a living and where you want to work. Sometimes you have to be willing to drive. What do you do for a living? I work as a Human Resources Director, and I can give you a feel if I have more specifics.
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10-23-2008, 05:44 PM
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Licensed Mortgage Broker and Banker/Realtor
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Join Date: Aug 2008
Location: Fort Myers, FL
1,287 posts, read 676,358 times
Reputation: 222
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i would never buy a home on cape coral, evern when the market was booming it was a bad market. if you're going to relocated for 30 years and never move then fine, but for investment reasons, dont waste your time.
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