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Old 08-24-2021, 09:05 PM
 
Location: Dallas, Texas
4,435 posts, read 6,297,332 times
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Quote:
Originally Posted by ParaguaneroSwag View Post
I take it you’ve never been to Miami. This couldn’t be any more inaccurate. The most of the upper middle clsss suburbs such as Doral, Pembroke Pines, etc are well inland.
lol...My family owns property in South Florida. I was referring to Miami proper. Of course there are nice suburbs down there.
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Old 08-25-2021, 02:22 PM
 
3,217 posts, read 2,353,650 times
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Quote:
Originally Posted by OptimusPrime69 View Post
lol, Miami by a long shot.
Much prettier, much more dynamic, nicer winter weather, close to the caribbean, international mix of residents, great restaurants and nightlife. Miami all day
Prettier? Miami is flat, and has a nice coast line. The neighborhood architecture is ALL tropical/latin themed. More dynamic how? What commerce occurs there besides tourism and sailing?
The international mix is predominately people from Latin America. Dallas/FW is much more diverse - more Asian, more Indian, plus Latin.

The commerce in north Texas blows away Miami. The whole state of Florida has 19 Fortune 500 companies D/FW alone has 22! The two airports in DFW do far more traffic. The biggest airline carrier in Miami, American Airlines, is based in DFW.

DFW doesn't have an ocean front but has ten lakes within an 80 mile or less radius. Restaurants and nightlife, are plentiful in DFW too. DFW has more universities of note. Outside of UofMiami, southeast Florida is lacking.
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Old 08-25-2021, 02:39 PM
 
3,217 posts, read 2,353,650 times
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Quote:
Originally Posted by elchevere View Post
This.

From a lifestyle perspective, Miami—why it commands a premium price and if you can afford it. Restaurants, nightlife, shopping, annual cultural events, and year round warm weather oceanfront and bayfront (with breezes) international city. That being said, not geared for the “median income” attainment or paycheck to paycheck focused crowd for a long term basis and/or those not in a solid profession (law, medicine, finance, import/export, real estate/development…yup, we do have those here) or successfully self employed. It is not a cheap city.

If a family guy worried about COL (less expensive) and more corporate career path opportunities and American oriented city, Dallas.

Re: weather—Fairly certain an ice storm, hail storm and potential tornado threat in Dallas is more common than a hurricane in Miami….unless one is living miles inland (again, COL, in which case they would be better off choosing Dallas by moving even further inland), coastal Miami arguably has the best weather in the Continental US from November 1 - end of May (7 months)
What cultural events are there that outstrip D/FW?
DFW has two world class arenas in both cities, one the most expensive ever built at $225MM and the other only 18 months old. Both football and baseball facilities are better than those in Miami. Literally, DFW could host an Olympics right now and maybe only have to build a cycling and swimming venue.
Concerts- old and new amphitheaters. A beautiful Opera house was built in 2009 in Dallas to go along with a Symphony Hall. I don't think Miami even has an opera house or Symphony Hall.
Casinos - two billion dollar facilities within 60 miles.
The biggest State Fair in the country by far with millions who attend annually.
DFW is one of the biggest convention cities in the country due to its central locale.
Six Flags Amusement Park is here. None like it in Miami.
Shopping is just as good in DFW, home of Neiman Marcus. Miami has more Nordstrom outlet stores than Nordstrom's.

Miami commands a premium price on housing because of its weather but also because of lower land availability due to the swamp to the west and ocean to the east. Its why Orlando and Jacksonville are cheaper.
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Old 08-25-2021, 03:10 PM
 
Location: plano
7,887 posts, read 11,403,116 times
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Miami is party central, if that is your life style go for it. You will have a front row seat to the immanent ocean levels rising due to AGW too. Not a diverse nor serious life style in my view.

OP have we helped you at all?
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Old 08-25-2021, 03:59 PM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,409 posts, read 6,540,013 times
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Since you asked....my comments in bold.


Quote:
Originally Posted by walker1962 View Post
What cultural events are there that outstrip D/FW?

Art Basel, arguably the most prominent international art show in the country with Miami the only US city to host it (Hong Kong and Basel the only other 2 cities in the world that host it);
South Beach Wine & Food Festival--the nation's premier wine and food event.
International Boat Show--generates $2.2B economic impact, the equivalent of 4 Super Bowls, each year
Art Deco Weekend
Miami Open--one of the top 10 tennis events in the world
Calle Ocho Street Festival attracts more than 1 million each year.
Cigar Aficionado and Wine Spectator events on an annual basis.
Ultra Music Festival attracts 170,000 each year (normal times) from around the world.



DFW has two world class arenas in both cities, one the most expensive ever built at $225MM and the other only 18 months old. Both football and baseball facilities are better than those in Miami. Literally, DFW could host an Olympics right now and maybe only have to build a cycling and swimming venue.


Miami has hosted more Super Bowls than any other city in the country, averaging one every 5 years. Dallas might (or might not--yet to read that it is scheduled or will) get an Olympics, whereas Miami will be hosting Formula 1 Racing starting next year and for the next 10 years...it also has an excellent shot of being named one of the 2026 World Cup sites (should know by October). Nothing wrong wit Hard Rock Stadium, FTX Arena (Heat), LoanDepot Ballpark (great venue if not crowded) and BB&T Center...plus we have a couple of spring training facilities within our metro .


Concerts- old and new amphitheaters. A beautiful Opera house was built in 2009 in Dallas to go along with a Symphony Hall. I don't think Miami even has an opera house or Symphony Hall.

We have the Adrienne Arsht Center for the Performing Arts, Faena Arts District, The Fillmore Miami Beach, New World Symphony


Casinos - two billion dollar facilities within 60 miles.


We have several casinos.




The biggest State Fair in the country by far with millions who attend annually.
DFW is one of the biggest convention cities in the country due to its central locale.
Six Flags Amusement Park is here. None like it in Miami.


We don't have an amusement park--people drive 3 hours to Orlando for that (and will be able to take Brightline higher speed rail, which Dallas does not have, to get there within the next year once the extension is completed)...we do have an ocean, which people pay to come to for vacation and to live here on vacation year round...oh, people do come here to go on cruises, which will resume shortly, with Miami referred to as the cruise capital of the world--not a region. You do beat us on rodeos.




Shopping is just as good in DFW, home of Neiman Marcus. Miami has more Nordstrom outlet stores than Nordstrom's.

Shopping is not as good and it's not even close--unless you are only looking at chain department stores found at dozens of cities around the country.

https://ceoworld.biz/2020/02/17/rank...shopping-2020/


Another poster (ParaguaneroSwag) did a comprehensive study here on CD and Miami was ranked #3 in the country for high end shopping after NYC and LA with a big drop off after these 3.

Miami commands a premium price on housing because of its weather but also because of lower land availability due to the swamp to the west and ocean to the east. Its why Orlando and Jacksonville are cheaper.
A year round, warm weather, oceanfront cosmopolitan coastal city commands a premium?...no kidding. People from the US and around the world are willing to pay for that, not because someone puts a gun to their head. I pulled up the following data last month--Miami Dade and Dallas County have a similar population yet Miami Dade blows Dallas out of the water in terms of properties on the market for $2M+--specifically, 1542 to 170 or nearly 10x.....that figure would grow exponentially more if I included 2 other counties included in our MSA (Palm Beach County and Broward County) and added any other counties that are in yours.

This is on the high end, which does not mean much to a "median income" person looking at a $400,000 - 600,000 home in which case Dallas is more affordable and has more options--but with our high end crowd (and quantity of) that buys such properties comes patronage of the arts, hospitals, cultural events, high end restaurants, high end shopping and other amenities that Miami supports and attracts.

https://www.city-data.com/forum/miam...-market-v.html

Last edited by elchevere; 08-25-2021 at 05:06 PM..
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Old 08-25-2021, 07:23 PM
 
Location: Canada
272 posts, read 246,260 times
Reputation: 117
Quote:
Originally Posted by Johnhw2 View Post
Miami is party central, if that is your life style go for it. You will have a front row seat to the immanent ocean levels rising due to AGW too. Not a diverse nor serious life style in my view.

OP have we helped you at all?
Yes, thank you very much.
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Old 08-25-2021, 08:47 PM
 
Location: United States
1,168 posts, read 776,131 times
Reputation: 1854
Never would have thought this topic would get so emotive. People either hate Dallas & Miami or feel strongly about one over the other. I personally don't think it's hard to appreciate both.
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Old 08-26-2021, 06:30 AM
 
702 posts, read 442,901 times
Reputation: 1345
Quote:
Originally Posted by Frustratedintelligence View Post
Never would have thought this topic would get so emotive. People either hate Dallas & Miami or feel strongly about one over the other. I personally don't think it's hard to appreciate both.
I like both but prefer Miami overall but practically would live in Dallas
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Old 08-26-2021, 07:24 AM
 
3,217 posts, read 2,353,650 times
Reputation: 2742
Quote:
Originally Posted by elchevere View Post
Since you asked....my comments in bold.




A year round, warm weather, oceanfront cosmopolitan coastal city commands a premium?...no kidding. People from the US and around the world are willing to pay for that, not because someone puts a gun to their head. I pulled up the following data last month--Miami Dade and Dallas County have a similar population yet Miami Dade blows Dallas out of the water in terms of properties on the market for $2M+--specifically, 1542 to 170 or nearly 10x.....that figure would grow exponentially more if I included 2 other counties included in our MSA (Palm Beach County and Broward County) and added any other counties that are in yours.

This is on the high end, which does not mean much to a "median income" person looking at a $400,000 - 600,000 home in which case Dallas is more affordable and has more options--but with our high end crowd (and quantity of) that buys such properties comes patronage of the arts, hospitals, cultural events, high end restaurants, high end shopping and other amenities that Miami supports and attracts.

https://www.city-data.com/forum/miam...-market-v.html
Comparing counties is not reasonable because they vary in size. Miami MSA is like 6.2 million, Dallas/FW MSA is like 7.6Million. Properties on the market, is that a good or bad thing? Maybe people are looking to leave the area? Miami MSA GDP is $344bln. DFW GDP is $472bln. DFW population growth has been higher. DFW will benefit too from being in one of the few states where growth was positive in the 18 and younger group. Florida suffers from its reputation as a retiree haven.

As far as wealth - https://dallas.culturemap.com/news/c...-millionaires/. Sitting atop the ranking is the New York City metro area, home to nearly 1 million HNW individuals. Elsewhere in the U.S., Los Angeles stands at No. 3, Chicago at No. 6, San Francisco at No. 9, Washington, D.C., at No. 9, and Dallas-Fort Worth at No. 10. No Florida areas are in the list.
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Old 08-26-2021, 07:56 AM
 
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
7,409 posts, read 6,540,013 times
Reputation: 6676
Nah, properties on market is not a bad thing—prices are going through the roof in Miami as more people continue to move here and inventory got swallowed up. Some are cashing out; others come here for the amenities (described above) and/or no state income tax (like Dallas).

Nothing against Dallas (no, I don’t hate it—the company I earned my wealth from is based there), just Miami has a certain je ne sais quoi/wow factor that makes it unique within AND outside the US. More of a lifestyle city where many come to spend or park their wealth: Dallas is more a place to earn wealth. Miami more of a lightning rod—you either love it or hate it. I lived in a suburban sprawl area in CA, Orange County, that—water, mountains and weather aside—is more comparable to Dallas and was too slow and not exciting enough for me, though good for raising a family and definitely more US American. Plano and Irvine could be sister cities.

https://pdf.euro.savills.co.uk/portu...in-minutes.pdf

As an added note, not all wealth is measured solely by reported W-2 median income alone. (Retirees, Self employed—which Miami is more dependent upon given the lesser corporate presence—often understate reported income, foreigners parking millions in real estate, etc etc). Even those who own but only live here part time and are not counted in Miami income stats still spend $ on property tax, cars, furnishings, dining, shopping, etc.

Quote:
Originally Posted by walker1962 View Post
Comparing counties is not reasonable because they vary in size. Miami MSA is

like 6.2 million, Dallas/FW MSA is like 7.6Million. Properties on the market, is that a good or bad thing? Maybe people are looking to leave the area? Miami MSA GDP is $344bln. DFW GDP is $472bln. DFW population growth has been higher. DFW will benefit too from being in one of the few states where growth was positive in the 18 and younger group. Florida suffers from its reputation as a retiree haven.

As far as wealth - https://dallas.culturemap.com/news/c...-millionaires/. Sitting atop the ranking is the New York City metro area, home to nearly 1 million HNW individuals. Elsewhere in the U.S., Los Angeles stands at No. 3, Chicago at No. 6, San Francisco at No. 9, Washington, D.C., at No. 9, and Dallas-Fort Worth at No. 10. No Florida areas are in the list.

Last edited by elchevere; 08-26-2021 at 08:27 AM..
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