Quote:
Originally Posted by sweat209
It is people who think well the cost of living is so high and a million dollar home in New York will get you small ghetto home and well out in suburbs of north east will get you $400,00 to $600,000 small home.
People want to cash out on sun belt cities of $50,000 to $200,000 homes and say WOW that move to sun belt cities than get in south Florida and California and have hard time finding jobs and housing price is not $50,000 to $200,000 died long ago.
No wonder they are miserable.And leave south Florida and California after 5 years.
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I don't know where you are from but $50,000 dollars is for a car price in SE Florida not a home or even a condo. The reason S.E. Florida is so expensive is due to the land constraints of the Atlantic Ocean to the east and the Everglades & Water Conservation Zones that start 25 miles to the west of the the ocean.
You are basically squeezing almost 6 million people into a narrow sliver of land that runs for 75 miles up the Florida east coast from Miami to W. Palm Beach.
Miami Dade county has almost run out of land to build large tracts of single family homes in the suburbs hence the huge boom in high-rise construction since 2000.
This is no different than what has happened to cities & metros constrained by natural barriers like SF or NYC.