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Old 07-28-2007, 10:45 PM
 
448 posts, read 1,682,835 times
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News headline from CBS4 local channel.

S. Florida Is Haven For Venezuelan Exiles

cbs4.com - S. Florida Is Haven For Venezuelan Exiles (broken link)

According to the report, Venezuelans are flocking to Miami "escaping" Hugo Chavez's revolution. Most of these new comers are relocating to Palmetto Bay, which I think is the last haven for the few white Americans left in So.Fl.

Similar to the Cubans that left their island nation in the 60's, these Venezuelans come from rich families and are highly educated. Unlike the Cubans, these Venezuelans come with plenty of money to buy themselves which ever property they can afford in our crazy housing market. Maybe they could start buying all those empty lofts and condos in Brickell and down town.....your thoughts?
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Old 07-28-2007, 10:46 PM
 
8,376 posts, read 27,207,565 times
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Quote:
Originally Posted by HGONZ001 View Post
News headline from CBS4 local channel.

S. Florida Is Haven For Venezuelan Exiles

cbs4.com - S. Florida Is Haven For Venezuelan Exiles (broken link)

According to the article, Venezuelans are flocking to Miami "escaping" Hugo Chavez's revolution. Most of these new comers are relocating to Palmetto Bay, which I think is the last haven for the few white Americans left in So.Fl.

Similar to the Cubans that left their island nation in the 60's, these Venezuelans come from rich families and are highly educated. Unlike the Cubans, these Venezuelans come with plenty of money to buy themselves which ever property they can afford in our crazy housing market. Maybe they could start buying all those empty lofts and condos in Brickell and down town.....your thoughts?
99 percent of them must be in Weston. They nickname this Little Caracas around here, and the educational attainment level for Venezuelans here is higher than that of non-"hispanic"(god I hate that word!) whites. I have Venezuelan neighbors. They are super classy and quite sociable and good people. The Venezuelans around here don't seem to be as proud to be in America as some of the other Latins though...(Generally speaking), but they DO speak English. Still, they love SW Broward. They don't seem to like much of Miami, except for those "nice" pockets like Palmetto Bay.
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Old 07-28-2007, 11:41 PM
 
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Many Venezuelan's in the Orlando area as well. Most of which come with enough money to either put a large down payment on a home or pay it all off. Although for now it seems as if they are not as proud to be Americans as the other latin population, with time, that will also come, once they realize that they cannot return to their country. Hey and for what will they want to go back, unless family has been left behind. I have spoken to many though and most of them, say they would prefer to stay away from Miami for many reasons altogether. Hey, maybe they have been reading the forum and have kept up with the ongoing taxes and insurance issues in S. Florida. They surely would be able to communicate overthere though!!!
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Old 07-29-2007, 02:59 AM
 
Location: western East Roman Empire
6,112 posts, read 10,150,825 times
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I know some Palm Beach County leaders who would love to recruit incoming Venezuelans with businesses/money/family, especially now that many new luxury developments are languishing on the market, not to mention the inventory of existing homes.

As we have discussed before, this sort of thing is central to the current economic growth model in many Florida counties whose three cornerstones are retirees, tourists, rich foreigners, and county leaders want to monopolize the brokering of the transactions that they generate.

So now counties will have to compete with each other to recruit them. Certainly one advantage that counties like Palm Beach have over Miami-Dade is the quality of life issue, they try to play that up.
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Old 07-29-2007, 08:32 AM
 
Location: Heartland Florida
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They are the reason Miami had such a high jump in property prices. Hopefully that litte dirtbag Hugo will cut off their supply of oil money and put a stop to this nonsense. See how a country with a large poor population ends up in a mess?
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Old 07-29-2007, 08:59 AM
 
Location: western East Roman Empire
6,112 posts, read 10,150,825 times
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Quote:
Originally Posted by tallrick View Post
They are the reason Miami had such a high jump in property prices. Hopefully that litte dirtbag Hugo will cut off their supply of oil money and put a stop to this nonsense. See how a country with a large poor population ends up in a mess?
The main cause of the high jump in property prices, not only in Miami, but throughout the US, was the central policy decision to make credit dirt cheap.

The extent of the run-up in each region, then, has been in proportion to various local factors, such as depth and wealth of job market, climatic and geographical desirability, immigration - legal and illegal (though immigration is also a central policy decision) -, the ability to attract wealthy foreigners, notably Latin Americans in the case of Miami-Dade and other Florida counties, availability of developable land, among other factors.

Since 2005, the cost of credit has been increasing, and the credit spigots tightened significantly on US and global markets just this past week.

Florida county policymakers have realized this, but maybe a bit late in the game. Faced with bloated real estate prices, taxes, and insurance prices - crowding out potential local business growth in diversified areas of the economy - and bloated inventories, they have focused their efforts on the retiree/tourist/rich foreigner model, and Venezuelan exiles coming to Miami and elsewhere in Florida is a reflection of this, one pawn in the game.

In any case, your comment about how countries with large poor populations wind up in a mess is well taken, and the analogy is that the application of economic models skewed in favor of a few narrow sectors also leads a country into a mess, such as a population with a large proportion of poor.

Will the current and next generation of US and state policymakers realize this in time and take corrective action?

Maybe, maybe not. A balanced economy and a balance of socio-economic classes are probably not among their objectives, and in all likelihood they do not perceive a problem in this sense, in fact, some do not even bother with rhetoric.

Last edited by bale002; 07-29-2007 at 09:09 AM..
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Old 07-29-2007, 12:21 PM
 
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There's a huge Venezuelean population up in Plantation.
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Old 07-29-2007, 01:17 PM
 
Location: Living in Paradise
5,702 posts, read 21,909,649 times
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Found this in a Hispanic site: Venezuelan population at almost 20,000 in Broward County, Florida

Roughly 19,300 Venezuelans living in Broward, according to U.S. Census figures released today. That’s a marked increase from the 2000 census, when only 8,845 Venezuelans called Broward home.

The latest numbers tally nearly 400,000 people of Hispanic or Latino origin in Broward County, an increase of 44 percent from 2000.”
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Old 07-29-2007, 04:36 PM
 
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Quote:
Originally Posted by sunrico90 View Post
Found this in a Hispanic site: Venezuelan population at almost 20,000 in Broward County, Florida

Roughly 19,300 Venezuelans living in Broward, according to U.S. Census figures released today. That’s a marked increase from the 2000 census, when only 8,845 Venezuelans called Broward home.

The latest numbers tally nearly 400,000 people of Hispanic or Latino origin in Broward County, an increase of 44 percent from 2000.”
Ouch! Broward residences, get ready for Miami #2 in your own backyard.
I truly hope that these new residents have a positive effect to the area and not the completely opposite like in Miami-Dade County.
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Old 07-29-2007, 04:47 PM
 
8,376 posts, read 27,207,565 times
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Originally Posted by HGONZ001 View Post
Ouch! Broward residences, get ready for Miami #2 in your own backyard.
I truly hope that these new residents have a positive effect to the area and not the completely opposite like in Miami-Dade County.
They seem to be bringing a positive effect. They are usually really wealthy/ educated people that are moving in, not Miami types. They can also be really pretentious...

Last edited by compelled to reply; 07-29-2007 at 04:56 PM..
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